For Lease · Specialty

#102, 2 heritage Drive, Bowden

#102, 2 heritage Drive, Bowden, AB T0M0K0

$33 Yearly

1,033 SF

Asset Class

Specialty

Size

1,033 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

91%

Year Built

2021

About this property

Rare opportunity to lease a strategically positioned space with direct exposure to the Queen Elizabeth II Highway corridor between Calgary, exposing your business to 35,000 cars per day.This extremely high-traffic location is ideal for quick-service restaurants, retail, and service-oriented businesses seeking visibility and accessibility. This unit offers commercial space suitable for fast food, retail, or service uses. The premises include base building HVAC, utility rough-ins, and designated take-out/delivery parking. Suitable for a variety of commercial uses subject to existing restrictive covenants on the centre. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$33
Down payment30% · $10
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

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)

TenantAreaExpiry
Cascade Foods Inc.943 SF2027-07

Area demographics

Trade area within 3 miles of the property.

Population

49,615

Households

21,247

Median income

$137,500

Median age

39.6

Daytime population

80,400

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for #102, 2 heritage Drive, Bowden.

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.