For Lease · Industrial

6310 52 AVe, Drayton Valley

6310 52 AVe, Drayton Valley, AB T7A1S7

Price on request

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

87%

Year Built

2002

Lot Size

1.6011327318640953 ac

Clear height

30 ft

Loading docks

2

About this property

Prime industrial leasing opportunity offering a 9,321 sq. ft. office/shop facility constructed in 2002. The building provides flexible leasing configurations, with the ability to accommodate a single user or be divided into three independent office/shop bays. Each bay is equipped with dedicated front office space and washroom facilities, a 40x50 ft. shop area with two 14 x 14 overhead doors, radiant heat, and an enclosed mezzanine featuring additional office space, lunchroom and a 3-piece bathroom. The site includes a large fenced and secured yard, concrete pads at both the front and rear of the building, ample on-site parking, and gated access from both the front and rear. Strategically positioned west of Highway 22 within an established and active industrial area, the property offers excellent versatility for a range of industrial, service and commercial users. Well maintained throughout, with recent upgrades to the main level office areas. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

111,724

Households

48,024

Median income

$94,500

Median age

45.2

Daytime population

110,683

5-yr growth

3.6%

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

Secure deal room

Confidential diligence documents for 6310 52 AVe, Drayton Valley.

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.