Single-tenant triple net investment property on Highway 20 in Sylvan Lake. Purpose-built commercial building on 1.04 acres, CH Highway Commercial zoning, constructed 2005. Two storeys with mezzanine. Open-span construction with high clear ceiling heights and no interior columns through the principal floor area. Owned surface parking with direct highway exposure and access.Currently leased to Landmark Cinemas of Canada Inc. on a triple net basis at $135,000 per annum, with the tenant responsible for all operating costs and property taxes. Lease expires January 9, 2030. Located in one of Alberta's fastest-growing communities. Building configuration supports a range of alternative uses including recreation, entertainment, food and beverage, medical, childcare, and assembly occupancies. (id:13843)
| MLS # | A2333253 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Year | 2005 |
| Days On Site | 10 |
| Listing Provided By | eXp Realty | Kevin Lapp |
| SQ Feet | 12,282 |
|---|---|
| Zoning | CH |
| Acreage | 1.04 |
| Tax Annual Amount | 34004 |
|---|
| Province | AB |
|---|---|
| City | Sylvan Lake |
| Postal Code | T4S2J7 |
| Community Name | Beju Industrial Park |
| Listing VS Median (in Beju Industrial Park) | |
Price: $1,999,000 low | high Med: $512,000 sqft: 12,282 low | high Med: 2,297 $ / sqft: $163 low | high Med: $223 On site: 10 low | high Med: 224 | |
| Province | AB |
|---|---|
| City | Sylvan Lake |
| Postal Code | T4S2J7 |
| Community Name | Beju Industrial Park |
| Listing VS Median (in Beju Industrial Park) | |
Price: $1,999,000 low | high Med: $512,000 sqft: 12,282 low | high Med: 2,297 $ / sqft: $163 low | high Med: $223 On site: 10 low | high Med: 224 | |
![]() | $1,899,0002 Industrial DriveSylvan Lake, AB T4S1P4 |