For Sale · Specialty

18, 25 Southbank Crescent, Okotoks

18, 25 Southbank Crescent, Okotoks, AB T1S5S8

$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

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$520K
Down payment30% · $156K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics1,720 SF2033-07

Area demographics

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.

Secure deal room

Confidential diligence documents for 18, 25 Southbank Crescent, Okotoks.

NDA required
  • 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.