1/5220 40 Avenue NE, Calgary
220 40 Avenue NE, Calgary, AB T2K0E4
$1.8M total
6,465 SF
Asset Class
Industrial
Size
6,465 SF
Building class
C
Zoning
IM — Medium Industrial
$ / SF
$278
Occupancy
83%
Year Built
1963
Clear height
27 ft
Loading docks
3
About this property
GREAT Stand-alone Owner/User space located in Greenview Industrial Park. Includes rear fenced yard. Office build out on two floors. Second floor is leased seperately. 400 Amp power to accomodate many uses. Proposed Possession - January/27. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$8K
Projected NOI
$91K
Annual cash flow
$-9K
Cash-on-cash
-1.70%
DSCR
0.91
Going-in cap
5.03%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 5,385 SF | 2028-03 |
Area demographics
Trade area within 3 miles of the property.
Population
41,734
Households
18,968
Median income
$106,500
Median age
45.9
Daytime population
36,424
5-yr growth
7.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 220 40 Avenue NE, Calgary.
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.