For Lease · Retail

4 & 5, 5601 31 St, Lloydminster

4 & 5, 5601 31 St, Lloydminster, AB T9V2H3

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

92%

Year Built

1984

Lot Size

0.82 ac

About this property

Retail spaces available for lease at Parkview Plaza, an established neighbourhood strip centre on 31 Street in Lloydminster, AB. Storefront exposure, on-site parking and an established tenant mix. Former Border City Games space (2,418 SF, demisable to 978 SF and 1,440 SF) available immediately; Net lease. Ideal for service, retail or professional users. For all inquiries, contact to Adel Hanafi, RE/MAX Commercial Excel — 780-710-2131 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

93,906

Households

36,707

Median income

$67,000

Median age

38.2

Daytime population

120,273

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 4 & 5, 5601 31 St, Lloydminster.

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.