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Price on request
—
Asset Class
Industrial
Size
—
Building class
B
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
87%
Year Built
2002
Lot Size
1.6011327318640953 ac
Clear height
30 ft
Loading docks
2
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for 6310 52 AVe, Drayton Valley.
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.