For Sale · Specialty

503, 260300 Writing Creek Crescent, Rural Rocky View County

503, 260300 Writing Creek Crescent, Rural Rocky View County, AB T4A0X8

$60,000 total

145 SF

Asset Class

Specialty

Size

145 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$414

Occupancy

98%

Year Built

2018

Lot Size

4 ac

About this property

Excellent opportunity to secure your retail or service space at New Horizon Mall. The mall is over 80% leased. Take advantage of the low prices while they last. This unit is tenant-occupied, so you'll have nothing to do but collect the rent. There is ample heated indoor parking and surface parking. Call today for more information. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$60K
Down payment30% · $18K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$277

Projected NOI

$4K

Annual cash flow

$1K

Cash-on-cash

6.16%

DSCR

1.33

Going-in cap

7.39%

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
Halcyon Wealth Partners400 SF2028-09
Halcyon Wealth Partners400 SF2028-09
Halcyon Wealth Partners400 SF2029-09
Halcyon Wealth Partners400 SF2029-09

Area demographics

Trade area within 3 miles of the property.

Population

52,950

Households

21,176

Median income

$65,000

Median age

35.6

Daytime population

73,859

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 503, 260300 Writing Creek Crescent, Rural Rocky View County.

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.