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STEP Energy Services Training Center 8017 Edgar Industrial Cres

16,768 SF Industrial Building Red Deer, AB T4P 3S2 $2,250,000 CAD ($134 CAD/SF) 7.72% Cap Rate

Commercial Buildings Alberta Red Deer 8017 Edgar Industrial Cres, Red Deer, AB T4P 3S2

Investment Highlights

  • Positioned just east of the QE II Highway, between Highway 11A and David Thompson Highway (11).
  • The property offers surface parking.
  • Convenient access to major highways for enhanced connectivity.

Executive Summary

100% leased to Step Energy (TSX: STEP). 12,418 sf of office space and 4,350 sf of shops, catering to diverse business needs. The current tenant utilizes the facility as a training center, leading to a larger office build-out. The yard area has been graveled, compacted, and enclosed with fencing, ensuring functionality and security.

Attachments

8017 Edgar Industrial Ave_Brochure

Property Facts Under Contract

Price $2,250,000 CAD Rentable Building Area 16,768 SF
Price Per SF $134 CAD No. Stories 2
Sale Type Investment Year Built 1999
Cap Rate 7.72% Tenancy Single
Property Type Industrial Parking Ratio 2.15/1,000 SF
Property Subtype Service Clear Ceiling Height 25 ft
Building Class C No. Drive In / Grade-Level Doors 3
Lot Size 1.55 AC
Price $2,250,000 CAD
Price Per SF $134 CAD
Sale Type Investment
Cap Rate 7.72%
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 1.55 AC
Rentable Building Area 16,768 SF
No. Stories 2
Year Built 1999
Tenancy Single
Parking Ratio 2.15/1,000 SF
Clear Ceiling Height 25 ft
No. Drive In / Grade-Level Doors 3

Amenities

  • Fenced Lot
  • Monument Signage
  • Air Conditioning
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zoning

Zoning Code I1 (Industrial (Business Service) District)
I1 (Industrial (Business Service) District)
  • Brett Salomons
    Brett Salomons
  • Corey Gay
    Corey Gay
(403) 314-6187

  • Listing ID: 31651720

  • Date on Market: 2024-04-30

  • Last Updated:

  • Address: 8017 Edgar Industrial Cres, Red Deer, AB T4P 3S2

The Industrial Property at 8017 Edgar Industrial Cres, Red Deer, AB T4P 3S2 is currently available For Sale. Contact Salomons Commercial for more information.

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STEP Energy Services Training Center | 8017 Edgar Industrial Cres
(403) 314-6187 x

STEP Energy Services Training Center | 8017 Edgar Industrial Cres

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Brett Salomons

(403) 314-6187

(403) 314-6187

Corey Gay

(780) 429-7554

(780) 429-7554

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