For Sale · Retail

1125A, 64 Homestead Gate NE, Calgary

1125A, 64 Homestead Gate NE, Calgary, AB T3J2K6

$620,000 total

1,147 SF

Asset Class

Retail

Size

1,147 SF

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

$541

Occupancy

86%

Year Built

2023

About this property

Invest or Build your own dream business. This 1147 square feet retail unit in Homestead anchored by Esso Gas station, Tim Horton and large medical building. Premium retail with ample of parking. Strong Traffic and ideal for variety of business including Restaurant, Fast food QSR, Barbershop, Cafe, bakery and many other options. Available For sale or Lease. Contact for more info. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$620K
Down payment30% · $186K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$35K

Annual cash flow

$1K

Cash-on-cash

0.60%

DSCR

1.03

Going-in cap

5.72%

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
Summit Trades Supply982 SF2028-03

Area demographics

Trade area within 3 miles of the property.

Population

107,736

Households

48,406

Median income

$104,000

Median age

45.1

Daytime population

122,205

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 1125A, 64 Homestead Gate NE, Calgary.

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.