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5 Sylvaire Close Sylvan Lake, AB T4S 1P4

$2,200,000
2.64
Acres
$2,200,000
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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.

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.

  • Neighborhood
    Cuendet Industrial Park
  • Type
    Commercial
  • County
    Red Deer County
  • Status
    Active
  • Listing #
    A2264385
  • Built
    2003
  • Lot Size
    2.64
  • Listed on site
    32 days
  • Listing Brokerage
    eXp Realty

Listed by:

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated: 2025-12-04 10:37:51
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • No Basement

Property History

DateDays AgoEventNew Price
Nov 4, 20251 mo agoPrice decreased100,000 (4%)$2,200,000
Nov 4, 20251 mo agoNew on market$2,300,000
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