Office 4, 4802 49 Street, CamroseOffice 4, 4802 49 Street, Camrose — photo 2Office 4, 4802 49 Street, Camrose — photo 3Office 4, 4802 49 Street, Camrose — photo 4Office 4, 4802 49 Street, Camrose — photo 5Office 4, 4802 49 Street, Camrose — photo 6Office 4, 4802 49 Street, Camrose — photo 7Office 4, 4802 49 Street, Camrose — photo 8Office 4, 4802 49 Street, Camrose — photo 9Office 4, 4802 49 Street, Camrose — photo 10Office 4, 4802 49 Street, Camrose — photo 11
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For Lease · Office

Office 4, 4802 49 Street, Camrose

Office 4, 4802 49 Street, Camrose, AB T4V1M9

Price on request

908 SF

Asset Class

Office

Size

908 SF

Building class

C

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

85%

Year Built

1926

About this property

Office spaces are now available for lease for the first time in this beautifully updated historic building in a prime downtown Camrose location with high visibility along 48 Avenue. Choose one office or lease all four. Offices are available furnished or unfurnished. The business center includes shared Wi-Fi, a boardroom, lunch kitchen, coffee station, bathroom and parking. Rent includes all utilities. The space is ready for use and would suit a variety of businesses and professionals. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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
Aurora Legal LLP530 SF2031-05
Cascade Foods Inc.400 SF2031-05

Area demographics

Trade area within 3 miles of the property.

Population

123,069

Households

51,657

Median income

$90,500

Median age

45.9

Daytime population

114,487

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for Office 4, 4802 49 Street, Camrose.

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.