About 4000 Landry Avenue
TREMENDOUS HWY 2A EXPOSURE. This 21,600 SQ FT building, demised into 7 units , (FULLY TENANTED) w/ NNN leases in place, Situated on just over 4 ACRES, and a current 6.35% CAP RATE, GENERATING $237,240 in GROSS RENTAL INCOME (or $19,777/month). Bay sizes ranging from 30'x80' or 2,400SQ FT (5-single bays) to 60'x80' or 4,800 SQ FT (2-double bays) all with 12'x16' OHD. Secured compound on the north side of the building. Most offices are renovated, NEW ROOF IN 2019, office spaces w/ shop with offices, baths, and mezzanine open for development for more office space. 80' deep bays with two 12'x16'h doors at the back. Shared yard w/ common access. Newly re-packed, gravelled and graded yard. Total 2023/2024 Operational costs are estimated at $87,912 for 2024 or $4.07/PSF. Visit REALTORS® website for more details
Features of 4000 Landry Avenue
MLS® # | A2141615 |
---|---|
Price | $2,350,000 |
Bathrooms | 0.00 |
Acres | 4.09 |
Year Built | 1980 |
Type | Commercial |
Sub-Type | Industrial |
Status | Active |
Community Information
Address | 4000 Landry Avenue |
---|---|
Subdivision | Blindman Industrial Park |
City | Rural Red Deer County |
County | Red Deer County |
Province | Alberta |
Postal Code | T4S 2B3 |
Amenities
Is Waterfront | No |
---|---|
Has Pool | No |
Interior
Heating | Forced Air, Natural Gas, Radiant |
---|---|
Fireplace | No |
Has Basement | No |
Exterior
Construction | Metal Frame |
---|---|
Foundation | Poured Concrete |
Additional Information
Date Listed | July 22nd, 2024 |
---|---|
Days on Market | 46 |
Zoning | MI |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Century 21 Advantage |
---|