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For Sale · Industrial

4713 41 Street, Stettler

4713 41 Street, Stettler, AB T0C2L0

$1.4M total

12,790 SF

Asset Class

Industrial

Size

12,790 SF

Building class

B

Zoning

IB — Industrial Business

$ / SF

$107

Occupancy

92%

Year Built

2021

Clear height

19 ft

Loading docks

4

About this property

Located on the east side of Stettler, this impressive industrial property occupies a substantial 2-acre parcel and offers an attractive cap rate of over 10%. Featuring a long-term tenant with an existing lease in place and approximately three years remaining, this property provides an opportunity to acquire an income-producing industrial asset with significant functional versatility. The main building, constructed in 2021, measures approximately 50' x 160' and combines substantial shop space with a professional administrative environment. The shop features six side bays and three rear bays, providing excellent flexibility for equipment, vehicle and operational access. Additional features include a 12' x 32' mezzanine, overhead lighting, floor drains and laundry hookups. A front breezeway leads into a welcoming reception area and office space, complete with two more offices, kitchen, server room, janitorial room and two bathrooms. Light wood-look flooring creates a clean, professional atmosphere for day-to-day business operations. A second shop building, measuring approximately 40' x 85', is situated toward the rear of the property and offers an additional six bays, providing even more operational flexibility and utility. The expansive, level gravel yard is designed to accommodate heavy industrial use, with ample room for truck and equipment parking, outdoor storage and convenient turnaround for large trucks, tankers and industrial machinery. The property is fully fenced and gated, offering added security and controlled access. With its combination of established rental income, substantial land, two versatile shop buildings and professional office accommodations, this property is well suited for investors looking to add a high-yield industrial asset to their portfolio. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.37M
Down payment30% · $411K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$76K

Annual cash flow

$-42

Cash-on-cash

-0.01%

DSCR

1.00

Going-in cap

5.54%

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
Meridian Health Group11,818 SF2028-12

Area demographics

Trade area within 3 miles of the property.

Population

129,717

Households

52,977

Median income

$69,000

Median age

38.4

Daytime population

127,100

5-yr growth

8.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4713 41 Street, Stettler.

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.