For Lease · Land

11250 97 Street, Wembley

11250 97 Street, Wembley, AB T0H0W0

Price on request

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

94%

Lot Size

15 ac

About this property

This 15-acre graveled and fenced corner lot zoned Heavy Industrial, offers prime frontage along Highway 43 East to B.C., just north of Wembley in the County of Grande Prairie. Featuring a massive approach and an ideal location with quick access to Highway 43 and the bypass, this property is perfectly suited for industrial operations. Available for lease at $1,500 per acre plus NNN, the Landlord is flexible and open to leasing more or fewer acres to meet your specific needs. Call your Commercial Realtor© for more information or to book a showing today. (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.

Area demographics

Trade area within 3 miles of the property.

Population

128,611

Households

56,179

Median income

$95,500

Median age

45.3

Daytime population

196,351

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 11250 97 Street, Wembley.

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.