Business For Sale · Specialty

4, 505 Railway Street W, Cochrane

4, 505 Railway Street W, Cochrane, AB T4C2E2

Price on request

1,134 SF

Asset Class

Specialty

Size

1,134 SF

Building class

B

Zoning

US — Urban Services

$ / SF

—

Occupancy

92%

Year Built

2006

About this property

1134 sqfeet of Space available for lease Only $32.00 per sqfeet + $9.00 per sqfeet common area cost mix use Retail or Office (was rented by Insurance company for years ) next to shoppers drug mart / Prime Downtown Cochrane Commercial Condo Bay An exceptional opportunity for business owners and investors! This modern commercial condo bays in the heart of Downtown Cochrane is available for Lease in a Prime Location – Situated on Railway Street, directly across from Cochrane Station, this high-visibility, walkable location is in a rapidly growing area, ensuring steady foot traffic and business exposure. Possible Multiple different usages, Come see for your self ! Ready to Established your new or currently running business in best Location !! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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
Aurora Legal LLP1,047 SF2030-10

Area demographics

Trade area within 3 miles of the property.

Population

122,035

Households

52,529

Median income

$68,000

Median age

38.4

Daytime population

171,236

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for 4, 505 Railway Street W, Cochrane.

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.