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4000 Landry Avenue, Rural Red Deer County, AB, T4S 2B3

MLS® # A2141615
Commercial For Sale In Rural Red Deer County, Alberta
$2,350,000
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
4000 Landry Avenue, Rural Red Deer County, AB
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4000 Landry Avenue, Rural Red Deer County, AB, T4S 2B3
$2,350,000

Property Information:

TREMENDOUS HWY 2A EXPOSURE. This 21,600 SQ FT building, demised into 7 units , (FULLY TENANTED) w/ NNN leases in place, Situated on just over 4 ACRES, and a current 6.35% CAP RATE, GENERATING $237,240 in GROSS RENTAL INCOME (or $19,777/month). Bay sizes ranging from 30'x80' or 2,400SQ FT (5-single bays) to 60'x80' or 4,800 SQ FT (2-double bays) all with 12'x16' OHD. Secured compound on the north side of the building. Most offices are renovated, NEW ROOF IN 2019, office spaces w/ shop with offices, baths, and mezzanine open for development for more office space. 80' deep bays with two 12'x16'h doors at the back. Shared yard w/ common access. Newly re-packed, gravelled and graded yard. Total 2023/2024 Operational costs are estimated at $87,912 for 2024 or $4.07/PSF. Visit REALTORS® website for more details

Inclusions: N/A

Property Features:

  • Built in: 1980
  • Construction Materials: Metal Frame
  • Floor Space (approx): 21600.00 Square Feet
  • Foundation Details: Poured Concrete
  • Heating: Forced Air, Natural Gas, Radiant
  • Lot Size: 178160.00 Square Feet
  • Property Access: Direct Access
  • Zoning: MI

Courtesy of: Century 21 Advantage

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 4000 Landry Avenue, Rural Red Deer County, AB, T4S 2B3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

28 hot days expected in 2050

37/100

Moderate-Low

ClimateCheck®

Current data

This property, 4000 Landry Avenue , experiences 7 hot days per year at around 28.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 32.6 degrees Celsius.

Projected Avg. Temperature

Past
28.8℃
2050
32.6℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

24/100

Moderate-Low

ClimateCheck®

Current data

This property, 4000 Landry Avenue , experiences 10 significant 2-day storms per year, with about 207mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 218.3mm of precipitation per year.

Precipitation Per Storm

Past
207mm
2050
218.3mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 4000 Landry Avenue, Rural Red Deer County, AB, T4S 2B3

Life Stage

Growing Families

Employment Type

Mixed

Average Household Income

$180,000.00

Average Number of Children

1.99

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.7 %

High school certificate or equivalent

25.82 %

Apprenticeship trade certificate/diploma

24.94 %

College/non-university certificate

23.83 %

University Degree

10.7 %

Commuter

Travel To Work

By Car

94.43 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

5.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent

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