1/55217, 20 Thomlison Avenue, Red Deer
5217, 20 Thomlison Avenue, Red Deer, AB T4P3C7
$18 Yearly
1,600 SF
Asset Class
Specialty
Size
1,600 SF
Building class
B
Zoning
US — Urban Services
$ / SF
$0
Occupancy
93%
Year Built
2018
About this property
Located in Timber Ridge's newest commercial development, Timberlands Station. This second floor unit in Building G is 1,600 SF, in shell state and ready for tenant improvements. The building is equipped with an elevator and common washrooms are shared with other tenants of the second floor. Ample parking is available on site for customers and staff. This plaza currently has five buildings in place, with one under construction and two more planned. Neighbouring businesses of the plaza include Tim Horton's, Pizza Hut, Wendy's, Fas Gas, a Doctor's Office, and Pharmasave. Additional Rent is estimated at $11.00 per square foot for the 2026 budget year. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-1.25%
DSCR
0.93
Going-in cap
5.17%
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 |
|---|---|---|
| Northbridge Logistics | 1,485 SF | 2031-11 |
Area demographics
Trade area within 3 miles of the property.
Population
102,479
Households
44,695
Median income
$128,000
Median age
36
Daytime population
140,665
5-yr growth
3.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 5217, 20 Thomlison Avenue, Red Deer.
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.