5 Sylvaire Close, Sylvan Lake

$2,200,000

0 Beds
0 Baths
0 Sqft
2.64 Acres
0 Garages

Fully leased industrial investment property located in Sylvan Lake’s Beju Industrial Park. The 14,400 sq. ft. building sits on 1.50 acres and features a two-level office buildout totaling 8,800 sq. ft., and a 5,600 sq. ft. shop with three drive-in bays including one wash bay. Both tenants occupy under long-term triple net leases with structured rental escalations in place. Renewals are signed with no rollover until 2030. Stabilized NOI in 2026 is $160,748, representing a 7.31% going-in CAP at list price. Site is fully fenced with radiant heat, HVAC, sunshine-panel overhead doors, sump systems, and yard access. Environmental remediation completed (Phase I & II available). Excellent turnkey investment with strong tenant profiles and long-term lease security.

Essential Information
MLS® #A2264385
Price$2,200,000
Bathrooms0.00
Acres2.64
Year Built2003
TypeCommercial
Sub-TypeIndustrial
StatusActive
Community Information
Address5 Sylvaire Close
SubdivisionCuendet Industrial Park
CitySylvan Lake
CountyRed Deer County
ProvinceAlberta
Postal CodeT4S 1P4
Additional Information
ZoningI1
Listing Details
OfficeeXp Realty
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