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Data was last updated 2024-08-28 at 16:45:04 GMT
$3,900,000

5715 35 Street SE   Calgary, Alberta

MLS®: A2140963
URL:    
INVESTOR ALERT! ? This recently renovated and upgraded investment property has been leased by a large multinational tenant with an excellent covenant. Their initial lease term expires in 2028 and they have three options to extend for up to another 15 years. The current cap rate is approximately 5% with upside as the net rent increases annually. ? Location: Foothills Industrial / Year Built: 1980 / Available: Immediately / Site Size: ~ 1.36 acres / Building Area: ~ 14,248 square feet / Zoning: I-G (Industrial General) / Loading: 3 ? 14? x 14? drive-in doors, 2 ? 10? x 10? drive-in doors, 1 ? 12? x 12? drive-in doors / Ceiling Height: ~ 20? to 26? in shop / Power: 400 amps @ 600 volts (TBV) / 2024 Property Taxes: $60,478.56 / 2024 Assessed Value: $2,750,000 / Notes: Expertly built and recently renovated and upgraded, this building features: ~ 11,266 square feet of shop space, ~ 2,982 square feet of office space over two floors, Partly paved and fenced yard space, Make-up air system in shop, Multiple large overhead cranes, Curtained wash bay with pressure washer, Air-conditioned offices on both floors, Numerous nearby amenities, Area serviced by public transit ? DISCLOSURE: Tenant has the right of first refusal to purchase the property.
INVESTOR ALERT! ? This recently renovated and upgraded investment property has been leased by a large multinational tenant with an excellent covenant. Their initial lease term expires in 2028 and they have three options to extend for up to another 15 years. The current cap rate is approximately 5% with upside as the net rent increases annually. ? Location: Foothills Industrial / Year Built: 1980 / Available: Immediately / Site Size: ~ 1.36 acres / Building Area: ~ 14,248 square feet / Zoning: I-G (Industrial General) / Loading: 3 ? 14? x 14? drive-in doors, 2 ? 10? x 10? drive-in doors, 1 ? 12? x 12? drive-in doors / Ceiling Height: ~ 20? to 26? in shop / Power: 400 amps @ 600 volts (TBV) / 2024 Property Taxes: $60,478.56 / 2024 Assessed Value: $2,750,000 / Notes: Expertly built and recently renovated and upgraded, this building features: ~ 11,266 square feet of shop space, ~ 2,982 square feet of office space over two floors, Partly paved and fenced yard space, Make-up air system in shop, Multiple large overhead cranes, Curtained wash bay with pressure washer, Air-conditioned offices on both floors, Numerous nearby amenities, Area serviced by public transit ? DISCLOSURE: Tenant has the right of first refusal to purchase the property.

Listing Information

Prop. Type:
Industrial (Commercial)
Status:
Active
City:
Calgary
Neighbourhood:
Foothills
Area:
Calgary
Province:
Alberta
MLS® Number:
A2140963
Listing Price:
$3,900,000

General Information

Year Built:
1980

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This property is listed by RE/MAX House of Real Estate and provided here courtesy of Carmelle Smutko. For more information or to schedule a viewing please contact Carmelle Smutko.
Carmelle Smutko
Century 21 Bamber Realty LTD
Phone: 403-863-4536
Mobile Phone: 403-863-4536
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
This site's content is the responsibility of Carmelle Smutko, licensed REALTOR®(s) in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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