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For Lease · Office

5033 52 Street, Lacombe

5033 52 Street, Lacombe, AB T4L2A6

$12.85 Monthly

1,500 SF

Asset Class

Office

Size

1,500 SF

Building class

B

Zoning

CO — Commercial Office

$ / SF

$0

Occupancy

97%

Year Built

1977

About this property

A place to be Proud of! This is an Excellent Opportunity to start or move your business into. Previously home to a high end well designed Office and spa space, with some of the furnishings negotiable. The space was totally renovated top to bottom in 2024 with top end finishings and an eye for the details. Located in the lower level of the immaculately maintained and well known "Parkland Place Professional building" in downtown Lacombe (Across from the Lacombe Memorial Centre). Included is 5 private offices(with options to add a 2-4 more), large 12x21 board room, 8.5 x 21 versatile space and a reception/waiting area, along with ample storage room. The building has a convenient Elevator and lots of public parking. Exterior Signage is available for extra visibility on an extremely busy intersection.Act now, as this well maintained and managed property rarely has available spaces for lease.Additional rent is $8.00 PSF including utilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$13
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

6.69%

DSCR

1.36

Going-in cap

7.55%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters517 SF2032-07
Prairie Coffee Roasters944 SF2032-07

Area demographics

Trade area within 3 miles of the property.

Population

80,173

Households

34,452

Median income

$96,500

Median age

43.5

Daytime population

75,328

5-yr growth

2.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 5033 52 Street, Lacombe.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.