Property view at 3690 36 Street , Lethbridge - Commercial investment property with 103,788 sqft - Photo 1 of 8 | Calgary real estate investment
1 / 8
Active

3690 36 Street

Lethbridge, Alberta T1H 0E8
MLS® A2219855163 days on marketListed May 9, 2025
Exclusive Offering
$17,500,000
103,788Living Space
2023Year Built

Property Overview

Presenting an exclusive opportunity for an investor to acquire a rarely available 103,788 sf freestanding industrial warehouse building on 6.84 acres, at the corner of 36 Street and 37 Avenue in the heart of the Sherring Industrial Park.

The property’s current tenant WG Pro-Manufacturing Inc is a co-pack for one of Lethbridge’s major local food processors.

As a large-format single-user of the Outpost Warehouse property, WG Pro-Manufacturing Inc. is a growth business.

There are six years of the lease term remaining, with rent increases every two years.

The Net Operating Income for the Outpost Warehouse is $1,080,000 (2025).

There is the value-add opportunity to increase revenue by up to $75,600 per year through the newly packed gravel parking available on the east side of the building.

The extra land has been allocated for up to 42 semi trailers at a rate of $150 per month per stall.

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft
$169/sqft
Below Calgary average - potential value opportunity

Investment Considerations

New Construction: Lower maintenance costs expected in first 5-10 years. May command premium rents.
Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Commercial Investment: Evaluate rental demand and property management requirements for this property type.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.