For Lease · Retail

2, 1217 Centre Street NW, Calgary

2, 1217 Centre Street NW, Calgary, AB T2R2R3

$25 Yearly

3,021 SF

Asset Class

Retail

Size

3,021 SF

Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

$0

Occupancy

96%

Year Built

1978

About this property

Exceptional Retail Leasing Opportunity in a HIGH-VISIBLITY location on a busy corner with excellent exposure and strong pedestrian traffic. Conveniently situated near public transit, this commercial space offers an attractive opportunity for businesses seeking visibility and accessibility. The existing salon buildout features multiple styling stations, shampoo stations, product display areas, a reception counter, and dedicated back-of-house space, including staff facilities and storage. Modern lighting, exposed ceilings, durable flooring, and distinctive interior finishes create a functional space with existing improvements that may help reduce initial tenant setup costs. While ideally suited for salon, beauty, and personal-care operators seeking a turnkey opportunity, the premises will be available for a variety of retail uses, subject to landlord approval and applicable land-use regulations. The current tenant is scheduled to vacate November 30, offering incoming tenants an opportunity to plan their occupancy. Capitalize on this highly visible location and establish your business in a high-traffic commercial setting. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$25
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

6.26%

DSCR

1.34

Going-in cap

7.42%

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
Cascade Foods Inc.1,710 SF2028-08
Cascade Foods Inc.1,199 SF2028-08

Area demographics

Trade area within 3 miles of the property.

Population

88,861

Households

36,612

Median income

$87,500

Median age

45.4

Daytime population

131,077

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 2, 1217 Centre Street NW, Calgary.

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.