5 Sylvaire Close , Sylvan Lake   ||   $2,200,000

DETAILS

MLS® NUMBER A2264385
BUILDING TYPE Industrial
PROPERTY CLASS Commercial
YEAR BUILT 2003
BASEMENT None
GARAGE No
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.


Listing Brokerage: eXp Realty

MAP

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