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For Lease · Retail

175 Pembina Avenue, Hinton

175 Pembina Avenue, Hinton, AB T7V2B2

$15 Monthly

2,885 SF

Asset Class

Retail

Size

2,885 SF

Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

$0

Occupancy

89%

Year Built

1961

About this property

Take advantage of this excellent commercial opportunity in a conveniently located property at 175 Pembina Avenue in Hinton. Situated close to Highway 16, the property offers convenient access and exposure to both local traffic and visitors travelling through the area.The space has a proven history as a successful business location, most recently operating as a coffee shop and previously as a successful restaurant. Its established history makes it an appealing opportunity for someone looking to bring a new concept to a location that has already demonstrated its potential for business.Whether you’re considering a café, restaurant, or another commercial venture, this space offers an opportunity to establish your business in a well-located Hinton property.Bring your vision and make this established commercial location your next business success! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$15
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.93%

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
Prairie Coffee Roasters1,053 SF2030-07
Prairie Coffee Roasters620 SF2030-07
Prairie Coffee Roasters400 SF2030-07
Prairie Coffee Roasters529 SF2030-07

Area demographics

Trade area within 3 miles of the property.

Population

124,687

Households

49,012

Median income

$68,000

Median age

40.6

Daytime population

156,532

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 175 Pembina Avenue, Hinton.

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.