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For Lease · Specialty

205, 5301 43 Street, Red Deer

205, 5301 43 Street, Red Deer, AB T4N1C8

$10 Yearly

1,014 SF

Asset Class

Specialty

Size

1,014 SF

Building class

C

Zoning

US — Urban Services

$ / SF

$0

Occupancy

96%

Year Built

1951

About this property

OLD BREW PLAZA ON TAYLOR DRIVE AND 43 STREET. Gorgeous 2nd Floor Office large Reception Area with Skylight plus 3 large offices and a bathroom. Excellent location on busy Taylor Drive and 43 Street. This is an excellent opportunity at this low rental rate! Close to Hospital and downtown. Excellent Location and Excellent Building with a ton of long term tenants! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$10
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

13.53%

DSCR

1.73

Going-in cap

9.60%

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)

TenantAreaExpiry
Lakeview Physiotherapy400 SF2031-07
Lakeview Physiotherapy400 SF2030-07
Lakeview Physiotherapy400 SF2031-07

Area demographics

Trade area within 3 miles of the property.

Population

51,021

Households

23,478

Median income

$88,000

Median age

41.6

Daytime population

69,705

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for 205, 5301 43 Street, Red Deer.

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.