Price Reduction
Listing Provided Courtesy Of:
RE/MAX REAL ESTATE (CENTRAL)
Address
261185 WAGON WHEEL WAY Balzac, AB
Price
$ 16,300,000
Property Attributes
  • MLS#C4143139
  • TypeCommercial
  • CountyROCKY VIEW
  • CityBalzac
  • AreaRocky View
  • NeighborhoodBalzac
  • ZipT4A0E2
  • StyleIndustrial
  • Price$ 16,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage95180
  • Lot Size9.81 Acres
Listing Provided Courtesy Of:
RE/MAX REAL ESTATE (CENTRAL)
Property Description

HEAD OFFICE AND INDUSTRIAL COMPLEX ON TWO LOTS TOTALLING 9.81 ACRES. FULLY LEASED UNTIL 2025 WITH RENEWAL OPTIONS. CONSTRUCTED IN 2008 OF HIGH QUALITY CONSTRUCTION WITH 44,801 SF OF OFFICE UPGRADED IN 2016 AND 50,289 SF OF 24 FT CLEAR TO CEILING WAREHOUSE IN TWO SEPARATE BUILDINGS. 160 PAVED PARKING STALLS AND OVER 5 ACRES OF YARD STORAGE. THE 2018 LEASE WILL YIELD A CAPITILZATION RATE OF 6.38% NET. CARDLOCK ACCESS AND COMPUTER CONTROLLED HVAC TO MAXIMIZE COMFORT FOR OVER 120 EMPLOYEES. THIS IS GREAT HANDS OFF INVESTMENT WITH FUTURE POTENTIAL TO EXPAND THE SECOND PRE-ENG. BUILDING TO MAXIMIZE RATE OF RETURN. QUICK POSSESSION IS AVAILABLE TO QUALIFIED INVESTOR.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/23/2017 Listed $17,000,000
5/11/2018 6% - $16,100,000

General Features

Community None
Condo Type Not a Condo
County Rocky View
Property Sub Type Industrial
Property Type Commercial
Site Influences Flat Site, Landscaped
Source Board Calgary Real Estate Board Cooperative
Transaction Type For Sale
Year Built 2008

Exterior Features

Construction Type See Remarks
Lot Size Area 39699.3557
Total Acreage 9.8100
Total Parking 160

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in T4A0E2

Price
AVG $8.57M
$16.3M
Visits
AVG 21
35
Year Built
AVG 2013
2008

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