Medicine Hat Realtor® Murray Shivak
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403-878-9998

1721 10 Avenue SW

eXp Realty

Currently Listed at $2,490,000

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.

Property Listed by Adam Andrews of Avison Young

Essential Information

MLS
A2219861
Price
$2,490,000
Lease / Buy
For Sale
Lot Shape
Year Built
1975
Type
Industrial

Inclusions

None

Construction

Location

Murray Shivak

Murray Shivak

eXp Realty

(403) 878-9998

[email protected]

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Murray Shivak

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Murray Shivak

Residential, Agricultural and Commercial Real Estate

403-878-9998

[email protected]

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