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5217 Duncan Ave - Phase I

1,136 - 1,371 SF Units Offered at £112,145 - £165,679 Per Unit in Blackfalds, AB T0M 0J0

Investment Highlights

  • Garage World is a great place to shelter your vehicles, toys, personal storage or have a remote industrial shop/man cave.
  • Amazing location within Blackfalds Industrial park just minutes from Red Deer
  • Minimum of 60,000 btu hanging heater.

Executive Summary

Garage World is a great place to shelter your vehicles, toys, personal storage or have a remote industrial shop/man cave. Minimum of 60,000 btu hanging heater, 60 amp electrical panel (120 – 240), 16’ X 14’ – 1.5” insulated overhead door with chain hoist, 3’ walk-in door, Floor sump, 2 common wheelchair accessible washrooms, water hose bib, Individually metered water, gas and power, all within a Paved and landscaped yard.

Property Facts

Price £112,145 - £165,679
Unit Size 1,136 - 1,371 SF
No. Units 6
Total Building Size 24,875 SF
Property Type Industrial
Property Subtype Warehouse
Building Class B
Number of Floors 1
Typical Floor Size 1,200 SF
Year Built 2014
Lot Size 6.25 AC

6 Units Available

Unit 1

Unit Size 1,188 SF
Price £116,633
Price Per SF £98.18
Unit Use Light Industrial
Sale Type Investment
Net Initial Yield 8.00%
NOI £9,330.67
Description

Fantastic investment opportunity producing cash flow over 8% cap rate . This is a waiting list for leases in this facility. Garage World is a great place to shelter your vehicles, toys, personal storage or have a remote industrial shop/man cave.

Sale Notes

Fantastic investment opportunity producing cash flow over 8% cap rate . This is a waiting list for leases in this facility. Garage World is a great place to shelter your vehicles, toys, personal storage or have a remote industrial shop/man cave.

Unit 8

Unit Size 1,188 SF
Price £143,155
Price Per SF £120.50
Unit Use Industrial
Sale Type Investment
Description

Show suite unit with Appoxy flooring and powder coated mezzanine. This unit is loaded with extras like Swiss traxx flooring and cabinets upper and lower with lighting.

Sale Notes

The units are fire rated and fully heated with over 60,000 BTU over head heaters . WE have 22 units available varying in size and shape. We have a waiting list on the leases. Great investment or personal use.

Unit 9

Unit Size 1,136 SF
Price £165,679
Price Per SF £145.84
Unit Use Light Industrial
Sale Type Investment
Description

Oversized bay with a mezzanine and 2 piece bathroom . Loaded unit with kitchen cabinets and fridge. Amazing man cave or investment opportunity.

Sale Notes

We have 22 units avail with current tenants and waiting list. 35’ front with 16’ doors and 19’ ceilings. Easily store your RV or Toys with plenty of working room.

Unit 12

Unit Size 1,188 SF
Price £112,145
Price Per SF £94.40
Unit Use Light Industrial
Sale Type Investment
Description

Incredible place to store vehicles, boats, RV or anything you need. Garage world is easy to access with full security fencing and paved parking. Ultimate workshop or Man Cave. Concrete structure with fire rating and solid 4” concrete Garage base.

Sale Notes

All concrete building – fire resistant, durable, long lasting8” walls with 3” R18 Styrofoam thermal mass insulation4” concrete floors Metal roof with standing seam and R20 insulation Minimum of 60,000 btu hanging heater60 amp electrical panel (120 – 240)1 convenience plug – 115 at panel4 – 4 lamp fluorescents – T5 high output Ceiling slopes from 18-20' with enough height for mezzanine16’ X 14’ – 1.5” insulated overhead door with chain hoist3’ walk-in door Floor sump2 common wheelchair accessible washrooms1 water hose bib Paved and landscaped yard6’ security fence surrounding the perimeter; pre-cast posts with white vinyl fencing and chain link Individually metered water, gas and power Telus fibre running to each unit.

Unit 13

Unit Size 1,188 SF
Price £112,145
Price Per SF £94.40
Unit Use Light Industrial
Sale Type Investment
Description

Incredible place to store vehicles, boats, RV or anything you need. Garage world is easy to access with full security fencing and paved parking. Ultimate workshop or Man Cave. Concrete structure with fire rating and solid 4” concrete Garage base.

Sale Notes

All concrete building – fire resistant, durable, long lasting 8” walls with 3” R18 Styrofoam thermal mass insulation 4” concrete floors Metal roof with standing seam and R20 insulation Minimum of 60,000 btu hanging heater 60 amp electrical panel (120 – 240) 1 convenience plug – 115 at panel 4 – 4 lamp fluorescents – T5 high output Ceiling slopes from 18-20' with enough height for mezzanine 16’ X 14’ – 1.5” insulated overhead door with chain hoist 3’ walk-in door Floor sump 2 common wheelchair accessible washrooms 1 water hose bib Paved and landscaped yard 6’ security fence surrounding the perimeter; pre-cast posts with white vinyl fencing and chain link Individually metered water, gas and power Telus fibre running to each unit.

Unit 45

Unit Size 1,371 SF
Price £128,919
Price Per SF £94.03
Unit Use Light Industrial
Sale Type Investment
Description

Incredible place to store vehicles, boats, RV or anything you need. Garage world is easy to access with full security fencing and paved parking. Ultimate workshop or Man Cave. Concrete structure with fire rating and solid 4” concrete Garage base.

Sale Notes

All concrete building – fire resistant, durable, long lasting 8” walls with 3” R18 Styrofoam thermal mass insulation 4” concrete floors Metal roof with standing seam and R20 insulation Minimum of 60,000 btu hanging heater 60 amp electrical panel (120 – 240) 1 convenience plug – 115 at panel 4 – 4 lamp fluorescents – T5 high output Ceiling slopes from 18-20' with enough height for mezzanine 16’ X 14’ – 1.5” insulated overhead door with chain hoist 3’ walk-in door Floor sump 2 common wheelchair accessible washrooms 1 water hose bib Paved and landscaped yard 6’ security fence surrounding the perimeter; pre-cast posts with white vinyl fencing and chain link Individually metered water, gas and power Telus fibre running to each unit

Amenities

  • Bus Route
  • Fenced Lot
  • Security System
  • Wheelchair Accessible
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

zoning

Zoning Code I-1
I-1
  • Listing ID: 32493137

  • Date on Market: 17/07/2024

  • Last Updated:

  • Address: 5217 Duncan Ave, Blackfalds, AB T0M 0J0

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