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Price on request
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
90%
Year Built
2008
Lot Size
7.659999999999999 ac
Clear height
20 ft
Loading docks
5
Exceptional industrial property in Drayton Valley, AB, offering 55,986 sq. ft. across three buildings on 7.66 acres. Available for lease as a complete package, with the possibility of leasing buildings individually, subject to landlord approval and negotiated terms. This extensive facility is ideally suited to manufacturing, fabrication and heavy equipment operations. The main building features a 260′ × 120′ shop with over 30,000 sq. ft. of dedicated shop space. Eight drive-through bays include six with 14′ × 16′ overhead doors and two with 20′ × 20′ overhead doors. Four 10-ton cranes and two 20-ton cranes are included. Steel-beam clear-span construction, in-floor and radiant heating, and floor sumps support efficient operations. The air-conditioned administration area includes 11 offices, (two of the offices have private washrooms), a boardroom and washroom facilities. A staff lunchroom, washrooms with showers and lockers, and three additional offices are accessible directly from the shop. The second building measures 80′ × 120′ and offers six overhead doors: 1- 16′ × 18′, 4- 16′ × 16′ and 1- 10′ × 12′. This building also includes a paint booth with exhaust ventilation, one 10-ton crane, four offices and upstairs living quarters with A/C. The third separate 60′ × 80′ cold storage building provides two 16′ × 16′ overhead doors, power and a concrete floor. The yard is fenced except along the west boundary, providing ample outdoor equipment and vehicle storage. Contact for additional rent details and lease terms. This property is also listed for sale Listing ID# 45927460. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$76K
Annual cash flow
$-7K
Cash-on-cash
-1.54%
DSCR
0.92
Going-in cap
5.08%
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.
Trade area within 3 miles of the property.
Population
47,697
Households
18,041
Median income
$130,500
Median age
38.2
Daytime population
68,838
5-yr growth
1.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 6302 34 Ave, Drayton Valley.
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.