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For Lease · Specialty

B, 4902 50 Avenue, Vermilion

B, 4902 50 Avenue, Vermilion, AB T9X1A4

Price on request

1,720 SF

Asset Class

Specialty

Size

1,720 SF

Building class

A

Zoning

US — Urban Services

$ / SF

—

Occupancy

94%

Year Built

2016

About this property

Another very Modern Mainstreet location in a newer building with ample natural light, mostly 12ft high ceilings, consistent heat, and A/C. Property has Mainstreet and 2 rear Parking Options. This generous space will allow you to personalize & grow your business. Open your own store or develop your Professional Office, the options are numerous. Rent plus utilities Lease with negotiable term. If preferred the landlord is willing to remove interior divider walls. Call today to explore how this available space can work for you! NOTE: If you need more space, this Space B can be combined with adjoining Space C (also Listed for Lease) to double your footprint and open up more options. Call for more information. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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
Vector Robotics1,620 SF2027-11

Area demographics

Trade area within 3 miles of the property.

Population

63,183

Households

25,090

Median income

$131,500

Median age

39

Daytime population

87,617

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for B, 4902 50 Avenue, Vermilion.

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.