For Sale · Office

204, 7205 Roper Road, Edmonton

204, 7205 Roper Road, Edmonton, AB T6B3J4

$399,000 total

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

90%

Year Built

2002

Lot Size

0 ac

About this property

Built out 2nd floor office condo available immediately for sale or lease. Located along Roper Road and in close proximity to major arterial roadways such as 75 Street, Whitemud Drive and Sherwood Park Freeway. Tim Hortons and other retail amenities in the vicinity. Strong parking ratio 6 surface stalls available. Perfect for professional users such as law firms, accountants, insurance agents and many more. High quality building management led by Ken Brass and team. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$399K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$22K

Annual cash flow

$-492

Cash-on-cash

-0.41%

DSCR

0.98

Going-in cap

5.42%

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.

Area demographics

Trade area within 3 miles of the property.

Population

142,646

Households

49,324

Median income

$105,000

Median age

45.8

Daytime population

139,408

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 204, 7205 Roper Road, Edmonton.

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.