Adam Andrews Phone: 403 942 8099 Email: [email protected]
For questions about municipal activities such as zoning, land-use, permits, incentives
Selena McLean-Moore, Director, Medicine Hat Economic Development 403-529-8148 | [email protected] http://opportunitymedicinehat.ca
For questions about government programs and investing in Alberta Email: [email protected]
Overview See Full Listing
Building Overview

Property Description

Excellent investment opportunity at an effective cap rate of 7.75% with three years remaining on the lease term; 2026 rate escalation. The property is the long-time local branch of Wolseley Plumbing supply who has operated out of this location since 2003. The building’s design offers high ceilings and the clear span flex space (no columns) caters to a variety of users in case of future vacancy.

Location Description

This industrial investment property is strategically located in the desirable Southwest Industrial Park adjacent to the Medicine Hat Regional Airport. With excellent frontage along the park’s main access, the 10th Avenue corridor, the size and layout of the property caters well to highest and best use. The site has easy access to both Highway AB-3, via 10th Avenue SW, as well as the Trans-Canada Highway (HWY-1).

Click to download Confidentiality Agreement

Avison Young has been retained by Collective Assets Ltd. on an exclusive basis to arrange for the offering and sale of a 100% interest in the subject property. Additional information can be made available to assist in evaluating this sale offering upon execution of a Confidentiality Agreement by interested parties/prospective purchasing entities.



  • Clear span flex space
  • Two 10' x 10' OHD's at grade
  • One 10' x 10' loading dock
  • Low maintenance, steel-clad exterior
  • Nicely finished reception/showroom
  • Private and shared office spaces

Details
Available Space: 15360ft²
Price: $2,490,000
Location Street Address: 1721 10 Avenue Southwest
Lease Type: direct
Space Types: Industrial
Building Size Sf: 15360
Building Name: 1721 10 Avenue SW
Property Types: Industrial

Brochure(s)
Infrastructure Details
Note: distances are in straight line, rather than driving distances
Nearest highways:
  • Highway 3 - Less than 1 km (High Load Corridor)
  • Highway 10 Avenue South-West - Less than 1 km (High Load Corridor)
  • Highway 1 - Less than 1 km (High Load Corridor)
  • Highway 41A - Less than 1 km
  • Highway 7 Street South-West - 1.08 km (High Load Corridor)
Nearest hospital:
  • Medicine Hat Regional Hospital - 1.4 km
Nearest airports:
  • International: Calgary International Airport - 264.18km
  • Regional: Medicine Hat Regional Airport - 0.93km
Nearest Historic Site
  • Historic site designation: 5a
  • HRV(5): high potential to contain a historic resource
  • Category (a): archaeological
Nearest powerlines:
  • City of Medicine Hat - MH-20L 138kv - 1.98 km
Nearest substations:
  • SOUTH SASKATCHEWAN - MHS-9 , City of Medicine Hat - 2.33 km
Nearest irrigation systems:
  • Within 1.05 km
Nearest railways:
  • Canadian Pacific, Class : Main - 2.64 km
Nearest gas franchise area:
  • Rural Municipal Utilities - City Of Medicine Hat
Nearest Power Plant:
  • Medicine Hat #1 (CT14) (CMH1), City of Medicine Hat - 2.21 km
    Combined Cycle, 299 (41.5) 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
Yard CP Medicine Hat Yard Canadian Pacific
3.24 KM
Grain CP Dunmore Richardson Pioneer
  • Grain
10.85 KM
Grain CP Dunmore Paterson Grain
  • Grain
13.28 KM
Transload CP Whitla Iron Horse Transloading
  • Fertilizer
  • grain
  • liquid
29.66 KM
Grain CP Bow Island Parrish & Heimbecker Ltd
  • Grain
53.66 KM
Highways
Airports
Railways
Rail Stations
Powerlines
Substations
Irrigation
Community Economic Highlights: Medicine Hat, AB
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Medicine Hat owns and operates its own natural gas utility, which provides low cost servicing for businesses and residents.
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Community Economic Details: Medicine Hat, AB
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