52 Nicola Drive is a 26,636.6-sf single-tenant office/warehouse complex located in the RM of Headingley, MB, approximately three kilometers west of Winnipeg and less than one kilometer north of the TransCanada Hwy #1. The Property was a purpose-built for the existing occupant and offers a multitude of flexible features including a clear span open warehouse, 22’ clear ceiling heights, upper storage mezzanine level, expansive loading court and paved concrete loading apron. Constructed in 2018, the Property is fully sprinklered and offers seven overhead doors with opportunity to add more if required. The exterior of the building is primarily finished with metal siding with decorative glazing at the front of the Property for the office portion. The rectangular site is largely paved with sufficient customer and employee parking at the north side of the Property and abundant loading area for 53’ semi-trailer access. While the building presents with a Nicola address, the primary access point is to the north on Routledge Avenue. Signage is available on fascia band across the front of the building as well as on posted signage both located at the main lot entrance as well as the southeast corner of the land. The existing occupant has operated in the building since its construction in 2018 and as of July 1, 2024, will have 21 months left on its initial lease term which offers tremendous potential upside on its maturity, given the below market rents discussed herein.