* Amounts are estimates only. Final payment amounts may vary.
Description
Prime Industrial Investment Opportunity located in the choice Southwest Industrial Park, adjacent to the Medicine Hat Regional Airport. This well-positioned property features strong frontage along 10th Avenue SW—the park’s main access corridor—with excellent connectivity to Highway 3 and the Trans-Canada Highway (Hwy 1). The site is leased to Wolseley Plumbing, a long-standing national tenant operating here since 2003. The current lease runs through September 2027, with built-in escalations in the remaining two years, offering strong lease appeal and stable cash flow. With an effective 7.75% cap rate, high ceilings, and clear span warehouse space, the building layout is well-suited to a wide range of industrial users, ensuring flexibility and long-term re-lease potential.
Property details
Basic Info
MLS® #
A2219861
Property Type:
Commercial
Subtype:
Industrial
Subdivision:
South West Industrial
Price
$2,490,000
Sale/Lease:
For Sale
Size:
15,360 sq.ft.
Year Built:
1975 (50 years old)
Building Info
Structure Type:
Industrial
Garage:
No
Fence:
Basement:
No
Inclusions:
None
Lot / Land Info
Lot Size:
0.71 acres
Zoning:
Business Industrial Distr
Listing Info
Possession:
Negotiable
Days on Market:
31
Your Real Estate Team
Century 21 Grande Prairie Realty
Century 21 Grande Prairie Realty (780) 539-2121
1-888-831-2121
(780) 539-2144