For Sale · Industrial

6039 88 Street, Edmonton

6039 88 Street, Edmonton, AB T6E5T4

Price on request

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

85%

Year Built

1979

Lot Size

0 ac

Clear height

23 ft

Loading docks

2

About this property

- 1,800 sq.ft.±- 30’± wide- Sump- Additional mezzanine at no cost- Access to 91 Street and Argyll Road- Mezzanine above office area (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

133,099

Households

56,810

Median income

$67,500

Median age

36.9

Daytime population

133,633

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 6039 88 Street, Edmonton.

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.