Property Details
5 Sylvaire Close
Sylvan Lake (A2264385)
Description
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.
Property details
- MLS® #
- A2264385
- Property Type:
- Commercial
- Subtype:
- Industrial
- Subdivision:
- Cuendet Industrial Park
- Price
- $2,200,000
- Sale/Lease:
- For Sale
- Size:
- 14,212 sq.ft.
- Year Built:
- 2003 (22 years old)
- Structure Type:
- Industrial
- Garage:
- No
- Fence:
- Basement:
- No
- Inclusions:
- N/A
- Lot Size:
- 2.64 acres
- Zoning:
- I1
- Possession:
- Negotiable
- Days on Market:
- 1
Basic Info
Building Info
Lot / Land Info
Listing Info
Contact Donna & Tammy
Donna: 780-228-2224
Tammy: 780-832-6763
11731 105 St,
Grande Prairie, AB
T8V 8L1
Donna & Tammy’s Office
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