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12110 40th St SE - RACO Building 2,106 sq ft Industrial Unit Offered at £436,193 in Calgary, AB T2Z 4K6
INVESTMENT HIGHLIGHTS
- Well maintained energy efficient building with plentiful parking. Easy access to Stoney Trail Ring Road, Deerfoot Trail, and Barlow Trail.
EXECUTIVE SUMMARY
This is a six unit industrial condominium. Unit 16 is being sold or leased.
PROPERTY FACTS
| Total Property Size | 20,260 sq ft | Typical Floor Size | 19,247 sq ft |
| Property Type | Industrial (Unit) | Year Built | 2004 |
| Property Subtype | Warehouse | Total Plot Size | 1.14 ac |
| Costar Property Class | B | Parking Allocation | 2.44/1,000 sq ft |
| Floors | 1 | ||
| Use Class | IG - Industrial-General | ||
| Total Property Size | 20,260 sq ft |
| Property Type | Industrial (Unit) |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 19,247 sq ft |
| Year Built | 2004 |
| Total Plot Size | 1.14 ac |
| Parking Allocation | 2.44/1,000 sq ft |
| Use Class | IG - Industrial-General |
1 UNIT AVAILABLE
Unit 16
| Unit Size | 2,106 sq ft | Sale Type | Investment or Owner Occupier |
| Price | £436,193 | Net Initial Yield | 6.00% |
| Price Per sq ft | £207.12 | NOI | £26,171.58 |
| Unit Use | Industrial |
| Unit Size | 2,106 sq ft |
| Price | £436,193 |
| Price Per sq ft | £207.12 |
| Unit Use | Industrial |
| Sale Type | Investment or Owner Occupier |
| Net Initial Yield | 6.00% |
| NOI | £26,171.58 |
DESCRIPTION
Warehouse of 1506 square feet plus 600 square feet of office with a 600 square foot storage mezzanine above office. Developed office area includes a reception area, two offices, coffee bar, handicapped accessable washroom and 2nd washroom with entrance from the warehouse. Clear ceiling height of 22 feet.
Unit is currently not leased and is available for immediate occupancy.
SALE NOTES
Unit has been used a a gym, with mirrors on full wall and an air exchange unit. Sound deadening material has been added to wall and ceiling.
Plentiful parking, with double row parking in front and back as well as street parking on corner lot.
Automotive mechanic use is not allowed by Condominium Bylaws.
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | sq ft OCCUPIED | LEASE END DATE |
|---|---|---|
| Kova Engineering South LTD |
-
|
Jan 0000
|
Presented by
Pat Hager
12110 40th St SE - RACO Building
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