For Sale · Specialty

11305 95 Street, High Level

11305 95 Street, High Level, AB T0H1Z0

$599,000 total

10,710 SF

Asset Class

Specialty

Size

10,710 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$56

Occupancy

99%

Year Built

1997

About this property

WOW !! A more economical opportunity for commercial ventures seldom becomes available, but one just did. Over 10,000 sq. ft. of commercial / retail space under one roof, and a attached cold storage with 21' high ceiling . Exposure? This property is situated just off Hwy 35 behind the Boston Pizza, serving well over 20,000 people from town and surrounding communities, with one of the only access highway into the NorthWest Territories . The mezzanine is home to 2 offices and storage space . In additions, there are public washrooms and customer services work spaces. The entire lot has chain link fencing and a sliding gate for security. Perhaps you have been searching for the ideal property to start your business venture , maybe a store for the Farmers , Home Improvement or with our long winters a inside Children's play park with a party room .Whatever business venture , most definitely you will have the location and space .The potential is endless... (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$599K
Down payment30% · $180K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$41K

Annual cash flow

$7K

Cash-on-cash

4.15%

DSCR

1.22

Going-in cap

6.79%

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
Blue Harbour Design4,139 SF2030-10
Blue Harbour Design6,475 SF2030-10

Area demographics

Trade area within 3 miles of the property.

Population

114,324

Households

53,549

Median income

$125,000

Median age

35.7

Daytime population

117,586

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 11305 95 Street, High Level.

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.