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Home AB Greater Medicine Hat Medicine Hat Light Industrial
1721 10 Avenue SW
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1721 10 Avenue SW $2,490,000
4 days ago
$2,490,000
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1721 10 Avenue SW
Medicine Hat, Alberta T1A7S1

MLS® Number: A2219861

Listing 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. (30515780)

Property Summary

Property Type
Industrial
Community Name
South West Industrial
Subdivision Name
South West Industrial
Title
Freehold
Land Size
0.71 ac|21,780 - 32,669 sqft (1/2 - 3/4 ac)
Built in
1975
Annual Property Taxes
$28,100
Time on REALTOR.ca
4 days

Building

Interior Features
Ceiling Height
216 in
Building Features
Total Buildings
1

Measurements

Square Footage
15360 sqft
Total Finished Area
15360 sqft
Exterior Building Size
15360 sqft

Land

Lot Features
Road Type
Paved road
Other Property Information
Zoning Description
Business Industrial District
Lease Type
Triple Net
Data provided by: Pillar 9™
ADAM ANDREWS