For Lease · Land

604 and 606 17 Avenue, Nisku

604 and 606 17 Avenue, Nisku, AB T9E7T1

Price on request

—

Asset Class

Land

Size

—

Building class

B

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

88%

Lot Size

8.440000000000001 ac

About this property

604 and 606 17 Avenue. 8.44-acre± industrial yard for lease, with the flexibility to be divided into two separate lots: 4.33 acres (Lot 1) and 4.11 acres (Lot 16). The site is fully fenced and features three gated access points, ensuring both security and convenience. Lot 1 includes a 10,000 sq. ft.± cold storage pre-engineered structure with 600 amps of power (TBC), which can either be retained or removed. The landlord is open to build-to-suit options. Situated in a prime location just off 17th Avenue, the property offers easy access to Highway 625, Sparrow Drive, and the Edmonton International Airport, making it an ideal choice for businesses seeking strategic connectivity. Operating costs are $0.20 Per sqft which includes Property Taxes and Insurance.Other Property Types: Commercial LandOwnership Interest: PrivateSite Services: Partially ServicedSeller Rights: NoAppointment Name: Ryan BrownAppointment Phone: 780-964-8624Lease Operating Costs Included: includes property tax and insuranceParagon Listing ID: E4401915 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

51,367

Households

18,076

Median income

$124,000

Median age

34.4

Daytime population

60,487

5-yr growth

3.2%

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

Secure deal room

Confidential diligence documents for 604 and 606 17 Avenue, Nisku.

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.