6
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$2,490,000
Est. payment /mo
15,360 SqFt
Active
1721 10 AVE SW Medicine Hat, AB T1A 7S1
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 15,360 sqft
Price per Sqft $162
Subdivision South West Industrial
MLS Listing ID A2219861
Year Built 1975
Lot Size 0.710 Acres
Acres 0.71
Property Sub-Type Industrial
Property Description
Prime Industrial Investment Opportunity located in the choice Southwest Industrial Park, adjacent to the Medicine Hat Regional Airport. This well-positioned property features strong frontage along 10th Avenue SW—the park's main access corridor—with excellent connectivity to Highway 3 and the Trans-Canada Highway (Hwy 1). The site is leased to Wolseley Plumbing, a long-standing national tenant operating here since 2003. The current lease runs through September 2027, with built-in escalations in the remaining two years, offering strong lease appeal and stable cash flow. With an effective 7.75% cap rate, high ceilings, and clear span warehouse space, the building layout is well-suited to a wide range of industrial users, ensuring flexibility and long-term re-lease potential.
Location
Province AB
Zoning Business Industrial Distr
Interior
Inclusions None
Fireplace No
Exterior
Garage No
Building
Dwelling Type Industrial
Others
Restrictions See Remarks
Listed by AVISON YOUNG