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$ 2,490,000
Est. payment | /mo
15,360 SqFt
$ 2,490,000
Est. payment | /mo
15,360 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 15,360 sqft
Price per Sqft $162
Subdivision South West Industrial
MLS Listing ID A2219861
HOA Y/N No
Year Built 1975
Lot Size 0.710 Acres
Acres 0.71
Property Sub-Type Industrial
Property Description
Prime Industrial Investment Opportunity located in the choice Southwest Industrial Park, adjacent to the Medicine Hat Regional Airport. This well-positioned property features strong frontage along 10th Avenue SW—the park's main access corridor—with excellent connectivity to Highway 3 and the Trans-Canada Highway (Hwy 1). The site is leased to Wolseley Plumbing, a long-standing national tenant operating here since 2003. The current lease runs through September 2027, with built-in escalations in the remaining two years, offering strong lease appeal and stable cash flow. With an effective 7.75% cap rate, high ceilings, and clear span warehouse space, the building layout is well-suited to a wide range of industrial users, ensuring flexibility and long-term re-lease potential.
Location
Province AB
County 0217
Zoning Business Industrial Distr
Interior
Inclusions None
Fireplace No
Exterior
Garage No
Building
Dwelling Type Industrial
Others
Restrictions See Remarks
Listed by AVISON YOUNG
FEATURED AREAS
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REVIEWS
Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.
