1/5Spruce Grove
Spruce Grove, AB T7X3A9
Price on request
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Asset Class
Industrial
Size
—
Building class
A
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
95%
Lot Size
0.6799999999999999 ac
Clear height
18 ft
Loading docks
6
About this property
±4,000 SF shop/office along South Avenue in Spruce Grove. Secured gravel yard with access to both South Ave and Railway Ave. Building consists of 1,400 sf of retail/office and 2,600 of shop space. 14 x 14 OHD suitable for large vehicles. Quick access to Golden Spike Rd, Hwy 16A and the Yellowhead. New LED lights throughout, upgraded bathrooms. Zoned M1 Industrial. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$83K
Annual cash flow
$-511
Cash-on-cash
-0.11%
DSCR
0.99
Going-in cap
5.51%
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
48,171
Households
21,380
Median income
$69,500
Median age
41.6
Daytime population
78,666
5-yr growth
9.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Spruce Grove.
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.