Fully leased industrial investment property located in Sylvan Lake’s Beju Industrial Park. The 14,400 sq. ft. building sits on 1.50 acres and features a two-level office buildout totaling 8,800 sq. ft., and a 5,600 sq. ft. shop with three drive-in bays including one wash bay. Both tenants occupy under long-term triple net leases with structured rental escalations in place. Renewals are signed with no rollover until 2030. Stabilized NOI in 2026 is $160,748, representing a 7.31% going-in CAP at list price. Site is fully fenced with radiant heat, HVAC, sunshine-panel overhead doors, sump systems, and yard access. Environmental remediation completed (Phase I & II available). Excellent turnkey investment with strong tenant profiles and long-term lease security.
Address
5 Sylvaire Close
List Price
$2,200,000
Property Type
Commercial
Type of Dwelling
Industrial
Transaction Type
Sale
Area
Sylvan Lake
Sub-Area
Cuendet Industrial Park
Lot Size
114998 Sq. Ft.
Year Built
2003
MLS® Number
A2264385
Listing Brokerage
eXp Realty
Postal Code
T4S 1P4
Zoning
I1