206 STOCKTON AV , Okotoks   ||   $750,000

DETAILS

MLS® NUMBER C4190256
BUILDING TYPE Industrial
PROPERTY CLASS Commercial
SQUARE FOOTAGE 4038 Square Feet
YEAR BUILT 1981
BASEMENT None
GARAGE No
TOTAL PARKING 10
FULLY LEASED industrial building on .31 acre site in Okotoks Business Park. 1,035 sf, 5 year Lease @ $12/sf net until August 2020, then bumps to $13/sf for years 4/5. 3,003 sf , 5 year Lease started May 1st, 2018 @ $12/sf for 3 years, $13/sf years 4/5. Net Annual Income $48,456 @ $12, bumps to $52,500 @ $13. Good Tenants, both in expanding recreation businesses, which in Okotoks is usually a winner. Brick clad front, recently renovated, newer rooftop units, alarm system, fenced yard with security gate. Excellent access to 32nd St and McAlpine Crossing, plus easily connects to downtown Okotoks.
Listing Brokerage: ROYAL LEPAGE SOLUTIONS

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