1/101800 49 Avenue, Red Deer
1800 49 Avenue, Red Deer, AB T4R2N7
$1.3M total
5,760 SF
Asset Class
Specialty
Size
5,760 SF
Building class
C
Zoning
DC2 — Site Specific
$ / SF
$226
Occupancy
88%
Year Built
1992
Lot Size
1 ac
About this property
Located in Westerner Park, this 5,760 SF commercial / industrial standalone building on 1 acre is available for sale. The building features a reception area, two private offices, two washrooms, and an open showroom with large windows, bringing in plenty of natural light. The shop space includes (2) 14' overhead door, a shop washroom, and a storage mezzanine. The property is fully fenced and paved with ample parking available and quick accessibility to Highway 2 and 19th Street. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$72K
Annual cash flow
$-269
Cash-on-cash
-0.07%
DSCR
1.00
Going-in cap
5.52%
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 |
|---|---|---|
| Halcyon Wealth Partners | 2,108 SF | 2030-10 |
| Halcyon Wealth Partners | 1,233 SF | 2030-10 |
| Halcyon Wealth Partners | 1,711 SF | 2030-10 |
Area demographics
Trade area within 3 miles of the property.
Population
59,093
Households
22,568
Median income
$85,000
Median age
44.9
Daytime population
57,625
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1800 49 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.