For Lease · Industrial

Rural Parkland County

Rural Parkland County, AB T7X3G2

Price on request

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

84%

Lot Size

0 ac

Clear height

22 ft

Loading docks

9

About this property

4,000 SF Truck Mechanic Bay for Lease – AlbertaExcellent opportunity to take over a 4,000 sq. ft. truck mechanic bay in Alberta.The lease comes with an established fleet client operating over 100 trucks, providing an immediate customer base for the incoming operator. The client is ready to continue operations with the new tenant, making this an attractive opportunity for an experienced truck mechanic or heavy-duty repair business.Lease takeover only. No business sale or purchase is required.For more information or to arrange a viewing, please contact the listing agent. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

94,060

Households

34,681

Median income

$120,000

Median age

35.9

Daytime population

93,119

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for Rural Parkland County.

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.