Mike Gait Phone: 403-302-9101 Email: [email protected]

For questions about municipal activities such as zoning, land-use, permits, incentives
Mountain View County 403-335-3311 | [email protected] https://www.mountainviewcounty.com

For questions about government programs and investing in Alberta Email: [email protected]

Overview

New Industrial Building | Fully Leased | Netook Crossing – Mountain View County, AB Newly constructed 9-bay industrial building located in the growing commercial area of Netook Crossing, just off the Hwy 2 corridor near the Town of Olds. This high-visibility property offers excellent access to both Calgary and Red Deer, each approximately 35 minutes away. Built with steel and concrete construction, the property is designed for long-term durability and minimal maintenance. The 16,200 sq. ft. building features nine 1,800 sq. ft. bays, each with a 16’ x 16’ overhead door and access to a fully fenced yard. The bays are currently leased is a 5 bay +1 and 3, grouping, allowing for future tenant flexibility through demising or expansion. All tenancies are secured under Triple Net leases, generating an average base rent of $19.66 per sq. ft. With a Cap rate of 8.06% Located in business-friendly Mountain View County, the site also benefits from extremely low property taxes. C This is an investment that offers strong ROI and long-term income potential in a strategic location with continued commercial growth.

Details
Available Space: 16200ft²
Price: $3,950,000
Location Street Address: 32580 RANGE ROAD 11
Space Year Built: 2024
Property Types: Industrial

Infrastructure Details
Note: distances are in straight line, rather than driving distances
Nearest highways:
  • Highway 27 - Less than 1 km (High Load Corridor)
  • Highway 2 - Less than 1 km (High Load Corridor)
  • Highway 2A - 5.84 km (High Load Corridor)
  • Highway 582 - 14.26 km
  • Highway 587 - 16.3 km
Nearest hospital:
  • Olds Hospital and Care Centre - 6.25 km
Nearest airports:
  • Regional: Red Deer Regional Airport - 43.87km
  • International: Calgary International Airport - 73.64km
Nearest powerlines:
  • AltaLink - 443L 138kv - 8.91 km
Nearest substations:
  • OLDS - 55S , AltaLink - 8.55 km
Nearest irrigation systems:
  • Within 73.39 km
Nearest railways:
  • Canadian Pacific, Class : Main - 5.9 km
Nearest gas franchise area:
  • Foothills Natural Gas Co-op Ltd.
Nearest Power Plant:
  • Benalto 1 (VBN1), Versorium Energy Ltd. - 4.23 km
    Simple Cycle, 5 MW
Fibre Internet Availability:
  • Ready/Available
  • Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
Type Name Operated By Types of Products Shipped Distance
Grain CP Olds (HTPE) Richardson Pioneer
  • Grain
4.79 KM
Grain CP Bowden Paterson Grain
  • Grain
16.79 KM
Grain CP Wessex Viterra
  • Grain
33.52 KM
Transload CP Penhold Custom Bulk Services
  • Steel
  • frac sand
  • bulk
  • grain
39.56 KM
Yard CP Red Deer Yard Canadian Pacific
56.75 KM
Highways
Airports
Railways
Rail Stations
Powerlines
Substations
Irrigation

Community Economic Highlights: Mountain View County, AB
...
Mountain View County is a leader in natural gas production in Alberta.
...
Mountain View County has a median family income of $105,000 compared to the Alberta median of $96,000.
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Mountain View County is a leader in agriculture compared to other municipalities in Alberta.

Community Economic Details: Mountain View County, AB
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Site Data Provided by: Pillar9 ™
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