Rare opportunity to own a fully leased industrial property with the flexibility to invest or occupy in Red Deer’s Northlands Industrial Park. This 6,000 sq. ft. industrial building, built in 2006, is divided into three separately titled bays, offering the option to purchase as a fully leased investment or occupy a portion while generating rental income from the remaining space. Each bay features 20' ceilings, 16' overhead doors, radiant overhead heat, forced air HVAC, sump pits, and a fenced storage yard, making it ideal for a variety of industrial uses. Additionally, the building offers 220 amp, three-phase, 600V power, front office areas, private washrooms, and kitchen break rooms. The current tenants are well-established businesses, providing strong rental income with an average lease rate of $14.82/sq. ft. (semi-NNN). With I1 industrial zoning, this property is a great fit for investors looking for a turnkey, income-generating asset, as well as business owners seeking to secure their own space while benefiting from additional lease revenue. Located in a highly accessible area with easy connections to Highway 2A, Highway 11A, and the future Ring Road development, this property sits in the heart of a thriving industrial hub, surrounded by other well-maintained commercial properties. Whether you’re looking to expand your business or strengthen your investment portfolio, this industrial asset presents a versatile and profitable opportunity in a prime Red Deer location.