



1/5570 5991 Spring Garden Road, Halifax, NS B3H1Y6
Price on request
—
Asset Class
Office
Size
—
Building class
B
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
86%
Year Built
1966
Lot Size
0.9487 ac
Suite 570 at Halifax Professional Centre offers an efficient 322 square feet of professional office or treatment space in the low-rise portion of the building. The suite features a private treatment or office area with an exterior window, a kitchenette, modern finishes and a small waiting room. Its compact layout is well suited to an independent healthcare, wellness or professional service provider looking for a polished space in an established professional setting. Availability is negotiable. Located at the prominent intersection of Spring Garden Road and Robie Street, Halifax Professional Centre is home to a strong mix of medical, wellness and professional tenants. The accessible building offers elevator service, on-site parking for tenants and visitors, and the added convenience of an on-site pharmacy and food services. This central Halifax location is within walking distance of hospitals, universities, banks, restaurants, cafés, shops and a wide range of professional services. Public transit is readily available along both Spring Garden Road and Robie Street, making the property convenient for clients, patients and staff travelling from throughout Halifax. An excellent opportunity for a small practice or professional seeking a private, well-located space with established building amenities. $970/month plus HST. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
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.
Trade area within 3 miles of the property.
Population
70,388
Households
27,029
Median income
$131,000
Median age
38.1
Daytime population
68,045
5-yr growth
1.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 570 5991 Spring Garden Road, Halifax.
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.