7896 49 Ave - Warehouse FOR SALE


Red Deer, AB T4P 2K2
$4,350,000 CAD
403-391-0669
7896 49 Ave, Red Deer, AB for Sale
$4,350,000 CAD
Warehouse - FOR SALE
1/8
null | 7.96% Cap Rate

7896 49 Ave
Red Deer, AB T4P 2K2


HIGHLIGHTS

  • Located in Northlands Industrial Park with proximity to major industrial corridors.
  • Fenced and graded storage yard offering secure outdoor storage options.
  • Updated LED lighting throughout the facility for energy efficiency.
  • Equipped with multiple drive-in bays including one oversized loading door.
  • Three-phase power supply for modern industrial operations.
  • Ample on-site parking supporting employees and visitors.

OVERVIEW

Colliers & Century 21 collectively (the “Advisors”), are pleased to introduce the sale of Sumano Centre, a strategically located 7-unit multi-tenant industrial property on 3.46 acres in Northlands Industrial Park, Red Deer. Recently updated with exterior renovations, the property boasts a prime location and offers excellent visibility and accessibility near Gaetz Avenue, Highway 11A, and the QEII Highway. With flexible industrial spaces and ample rear yard area for tenant storage and loading, this property is a great investment opportunity for generating rental income and supporting long-term growth. With an asking price of only $106.20 PSF, the property is well below replacement cost providing investor upside with upcoming net rental increases, new leasing, and renewals.

FOR SALE DETAILS

PRICE

$4,350,000 CAD

PRICE/SF

$102 CAD /SF

CAP RATE

7.96%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting - undefined, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

15

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.46

LAND SF

150,718

ZONING

I1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Blair McArthurColliersMore Info
403-391-0669

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Blair McArthurColliersMore Info
403-391-0669

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.