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$519,500 total
1,750 SF
Asset Class
Specialty
Size
1,750 SF
Building class
A
Zoning
DC2 — Site Specific
$ / SF
$297
Occupancy
98%
Year Built
2026
Lot Size
4.11 ac
Welcome to THE GROTTO, Okotoks’ most exciting new storage and business complex, designed for enthusiasts, entrepreneurs, and professionals who demand more than just space. Whether you’re storing your prized vehicles, running a contained business, or creating your ultimate personal retreat, The Grotto delivers unmatched quality, comfort, and convenience.Standard Features: Each unit offers in-floor heat powered by a tankless combi boiler for endless hot water, a 100-amp panel (upgradeable), and plumbing rough-ins for a bathroom and shop sink. Enjoy oversized insulated overhead doors (18’ wide x 14’ tall) with motorized openers and privacy windows for both light and security. Inside, find modern LED lighting, a variable-speed ceiling fan, floor drain, and metered utilities (gas, water, and power). Access your bay through a 3’ insulated walk-in door featuring WiFi, Bluetooth, and keypad entry. Safety is top priority with fire sprinklers throughout.Mezzanine-Expand your space with mezzanines up to 840 sq. ft., offering 10 ft ceilings, large opening windows, and 13’8” clearance underneath, perfect for RVs or lift systems. Ideal for a golf simulator, office, or lounge area, it’s your space, elevated.Built to industrial standards with 6” reinforced concrete floors (rated for semi-truck weight), steel and IMP construction, and R40 insulated walls and ceilings. Each bay includes future-use wall vents (for HRV or A/C), large windows for natural light, and concrete aprons for easy access.The Complex offers a brand-new gated development features 29 premium bays ranging from 1,750 to 2,100 sq. ft., all with 24 ft white smooth panel ceilings and 24/7 secured access via remote entry app and FOBs. The site includes a large paved, fenced courtyard, 6-camera security system, LED exterior lighting, and professionally landscaped low-maintenance grounds. High-speed internet available. Snow removal and landscaping included. With completion Summer 2026, this gives you time whether you ’re creating the ultimate man cave, luxury storage bay, or secure business shop, The Grotto is where passion meets performance.Limited availability, let's secure your unit today! (id:66811)
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Monthly debt service
$2K
Projected NOI
$41K
Annual cash flow
$12K
Cash-on-cash
7.76%
DSCR
1.42
Going-in cap
7.87%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 1,720 SF | 2033-07 |
Trade area within 3 miles of the property.
Population
80,868
Households
31,221
Median income
$73,000
Median age
42.5
Daytime population
128,123
5-yr growth
8.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 18, 25 Southbank Crescent, Okotoks.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.