1/10209, 602 16 Avenue NW, Calgary
209, 602 16 Avenue NW, Calgary, AB T2M0J7
$25 Yearly
1,130.4 SF
Asset Class
Specialty
Size
1,130.4 SF
Building class
B
Zoning
DC2 — Site Specific
$ / SF
$0
Occupancy
95%
Year Built
1970
About this property
South facing second floor space with amazing visibility, signage and access. Plenty of customer parking in this well managed retail and professional plaza. Central location on 16th Ave NW with loads of amenities both in the building and nearby. Springbank Cheese and Pablo Bakery offer retail anchor and convenient amenities for your staff and customers. Hundreds of condos completed and in the planning stages within walking distance. 5 minutes to downtown and 10 minutes to the North Hill knowledge cluster (SAIT, UofC, Foothills Med, CCC and Alberta Children's) (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$0
Cash-on-cash
5.86%
DSCR
1.32
Going-in cap
7.30%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 588 SF | 2033-06 |
| Blue Harbour Design | 400 SF | 2033-06 |
| Blue Harbour Design | 400 SF | 2033-06 |
| Blue Harbour Design | 400 SF | 2033-06 |
Area demographics
Trade area within 3 miles of the property.
Population
64,405
Households
30,004
Median income
$75,500
Median age
42.3
Daytime population
107,571
5-yr growth
4.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 209, 602 16 Avenue NW, Calgary.
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.