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Avison Young - CA - AB - Lethbridge
Avison Young - CA - AB - Lethbridge
Property Details
- Property Type Other
- Date Updated Jun 11, 2025
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.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Clear span flex space
- Low maintenance, steel-clad exterior
- Nicely finished reception/showroom
- One 10' x 10' loading dock
- Private and shared office spaces
- Two 10' x 10' OHD's at grade
Getting around
-
44/100
Walk Score ®
-
40/100
Bike Score ®
Location
- City Medicine Hat, AB
- Neighborhood South Vista Heights
- Postal Code 171
Points of Interest
-
Husky Travel Center
0.44 miles
-
Petro-Canada
0.59 miles
-
Husky
0.67 miles
-
Tempo
0.82 miles
-
UFA
0.92 miles
-
Esso
1.07 miles
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Safeway Fuel Station
1.21 miles
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Gas King
1.83 miles
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Fas Gas
1.84 miles
-
Shell
1.85 miles
-
Pals Motel & RV Park
0.17 miles
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Sun-Dek Motel
0.30 miles
-
Circle T Motel
0.32 miles
-
Travelodge Hotel Medicine Hat
0.41 miles
-
Bel-Aire Motel
0.42 miles
-
Ranchmen Motel
0.45 miles
-
Satellite Motel
0.48 miles
-
Econo Lodge
0.62 miles
-
Quality Inn
0.63 miles
-
TC Motel
0.65 miles
-
Safeway
1.27 miles
-
Co-op Mall
2.07 miles
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IGA Foodland
2.13 miles
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Nutter's Bulk & Natural Foods
2.22 miles
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Southview Centre
2.33 miles
-
Real Canadian Superstore
2.84 miles
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Medicine Hat Co-Op Ltd
3.02 miles
-
Medicine Hat Mall
3.05 miles
-
Save-On-Foods
3.09 miles
-
Sobeys
3.35 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
