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6102 48 Av

448,000 SF 100% Leased Industrial Building Olds, AB T4H 1V1 £16,055,427 (£36/SF)

Investment Highlights

  • 140 Individually Secure, Fully Connected, Environmentally Controlled Spaces
  • 680 CCTV Cameras with Access Controlled Gates and Tamper Monitored Fenceline
  • 2 Administrative Office Buildings Complete with Warehouse and Multiple Loading Docks

Executive Summary

100% freehold interest in a large-scale former cannabis production facility for sale. The offering is newly constructed with state-of-the-art air handling, ventilation, makeup air, lighting, and security systems. The offering is priced well below replacement cost. The greatest opportunity for repositioning is created through the available 26-MEGAWATT power capacity created through Fortis infrastructure. The power contracts have recently been discharged, providing a buyer the opportunity to renegotiate power contracts based on their specific requirements, to specific parts of the site

Property Facts

Price £16,055,427
Price Per SF £36
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 40.71 AC
Rentable Building Area 448,000 SF
Number of Floors 1
Year Built/Renovated 2017/2020

Amenities

  • Cooler
  • Security System
  • Air Conditioning

zoning

Zoning Code DC-7 (Direct Control)
DC-7 (Direct Control)
  • Listing ID: 33392325

  • Date on Market: 03/10/2024

  • Last Updated:

  • Address: 6102 48 Av, Olds, AB T4H 1V1

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