CIVEO Manufacturing Facility

27671 108A Ave, Acheson, Acheson, AB, T7X 3B5, CA

Description

Prime Acheson Industrial Investment | 71,654 SF | Single-Tenant Manufacturing Facility

Exceptional investment opportunity featuring a modern single-tenant manufacturing facility totaling 71,654 square feet on 38.97 acres of improved industrial land in Acheson, Alberta. The property is strategically positioned in Acheson's established industrial corridor, offering excellent access to major transportation networks and proximity to Edmonton's growing industrial market.

Currently 100% leased to Civeo Canada Limited Partnership (through June 2028) under a lease guaranteed by NYSE-listed Civeo Corporation [CVEO]. With contractual rent escalations built into the lease term, this fully-occupied asset provides stable income growth backed by a credit tenant in Alberta's accelerating industrial sector.

The property offers investors a carefree investment opportunity with institutional-quality construction and exposure to Acheson's thriving manufacturing hub. Offered on an unpriced basis with offers responded to as received.

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Attributes

Building area net

6,657 sm

Site Size

38.97 Acres

Occupancy

100%

Year built

2013

Clear height

10.06 m

Parking spaces

119

Zoning

MI - Medium Industrial

Grade level doors

Loading docks

Media

Investment highlights

Prominent Industrial Asset of Scale

The 38.97-acre site contains a fully improved yard area, featuring a 12” compacted gravel base, full fencing, lighting, and multiple access points, providing an investor with multiple options for re-tenanting and development.

Strategic Location

With 12.8 million square feet of developed space and 2,000 acres of ready-to-develop land, Acheson and Parkland County are primed for growth. Acheson is home to over 400 companies, including Amazon’s largest robotics fulfillment centre in Western Canada. With immediate access to Yellowhead Trail (Highway 16), Highway 16A, Highway 60 and Anthony Henday Drive the Property’s location makes it ideal to distribute all over Western and Northern Canada (with most northern destinations reachable in one trucking day).

Designed & Maintained to the Highest Standard

Developed by one of Canada’s foremost owners, developers, and managers between 2013 and 2015, the Property was constructed to the highest standards, with an impressive 33’ clear height, an expansive 38.97-acre site with ample marshalling areas and storage, best-in-class circulation and access/egress, attractive connectivity to local and foreign markets, ample storage, and high end office and employee amenity spaces.

Canadas Top Performing Market

Edmonton has experienced the highest average rental rate growth of any major Canadian market at 10.2% year-over-year for all classes of industrial. In the first half of 2025, Edmonton is one of only three major Canadian markets to have positive rental rate growth demonstrating the resiliency of the market.

Acheson Advantage

Situated on the most easternly edge of Parkland County, Acheson offers many advantages to the over 400 businesses that call it home. Larger scale tenants seek opportunities in Acheson due to its distinct property tax advantage with the non-residential mill rate at 1.33% compared to 2.83% within Edmonton’s city limits, as well as reduced business taxes, when compared to the City of Edmonton.