$2,950,000.00 20,510 Sq.ft

A, 39325 Range Road Ext 273 , Rural Lacombe County. T0M 0J0

Description

Fully leased 20,510 sq. ft. multi-tenant industrial investment property on 4.94 acres across two titled parcels in Blackfalds. This asset offers stable NNN income with a cap rate of 7.4%. The property includes two functional industrial buildings, featuring large overhead doors, radiant heat, upgraded lighting, office areas, mezzanines, and flexible shop layouts. The site provides a fully fenced, compacted gravel yard with strong circulation for heavy equipment and an additional 2.47-acre surplus yard (Lot 4). The property is 100% tenanted under true NNN lease structures, supported by annual rent escalations and a weighted average remaining lease term of ~3.8 years, offering predictable, low-maintenance cash flow. Current tenant mix represents established regional industries, creating a diversified and reliable income profile. Located just off Highway 597 with quick access to QEII, this is an attractive long-term industrial investment in Central Alberta’s growing industrial corridor.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2274093
City:Rural Lacombe County
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 20,510 sq.ft
Land Size:2.47 Acre
Listing Price:$2,950,000.00
Lease Rate:$0.00
Business Type:
Property Subtype:Industrial
Transaction Type:For Sale
Land Use Code:5
Listing Contract Date:2025-12-05

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "eXp Realty" listing brokerage.

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