For Lease · Office

Edmonton

Edmonton, AB T6H2L4

Price on request

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Asset Class

Office

Size

—

Building class

C

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

86%

Year Built

1953

Lot Size

0 ac

About this property

655 sqft lease space available in a high-visibility commercial building on a main road, anchored by a national healthcare & wellness chain. Partially built out for clinic or health-space use, this unit is an excellent fit for medical, health, or wellness tenants looking to join an established healthcare-focused building. Ample on-site parking for staff and clients. Dont miss this opportunity to lease space alongside reputable, established tenants in a prime location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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.

Area demographics

Trade area within 3 miles of the property.

Population

138,849

Households

58,418

Median income

$90,500

Median age

40.8

Daytime population

234,410

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for Edmonton.

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.