For Lease · Industrial

3, 14 Thevenaz Industrial Trail, Sylvan Lake

3, 14 Thevenaz Industrial Trail, Sylvan Lake, AB T4S2J7

$11 Yearly

3,000 SF

Asset Class

Industrial

Size

3,000 SF

Building class

B

Zoning

IL — Light Industrial

$ / SF

$0

Occupancy

94%

Year Built

2008

Clear height

35 ft

Loading docks

5

About this property

This 3,000 square foot industrial condominium is available for lease in the heart of Sylvan Lake's busy commercial corridor. Located in a well-maintained multi-tenant complex, Bay 3 offers a highly functional layout with 1,800 square feet of finished office space up front and 1,200 square feet of clean shop space at the rear. The shop includes a 14-foot overhead door for easy loading and a poured concrete floor. Inside, you'll find two washrooms and a small kitchen setup, ideal for teams needing both workspace and a customer-facing front. A fenced storage yard at the back is included, adding secure outdoor space for equipment or materials. The upstairs office has legal separate access, making it a flexible option for additional rental income or private workspace. This I1-zoned unit is positioned just off Highway 20, offering excellent exposure and easy access for clients, staff, and deliveries. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$11
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

10.01%

DSCR

1.54

Going-in cap

8.55%

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
Meridian Health Group1,088 SF2031-12
Meridian Health Group1,717 SF2032-12

Area demographics

Trade area within 3 miles of the property.

Population

92,145

Households

36,445

Median income

$74,000

Median age

39.5

Daytime population

134,527

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 3, 14 Thevenaz Industrial Trail, Sylvan Lake.

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.