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For Lease · Office

2, 5220 Duncan Avenue, Blackfalds

2, 5220 Duncan Avenue, Blackfalds, AB T0M0J0

$16 Yearly

995 SF

Asset Class

Office

Size

995 SF

Building class

A

Zoning

DC1 — Direct Control

$ / SF

$0

Occupancy

99%

Year Built

2014

About this property

STUNNING OFFICE SPACE FOR LEASE! Featuring ultra-high-end finishes, glass walls, granite counters, granite-walled baths & more. Featuring exposure along QE2 and situated on the second floor of the Wood Group Business Centre, this 995 SQ FT 2-office, boardroom, private bath, and galley reception area screams, "Take me now!" Impress your clients and suppliers alike with award-winning finishes throughout. Make it fun to go to the office in this efficient CONCRETE BUILDING with front and rear parking with a paved lot. Office 1: 9'10" x 11"; Office 2: 9'10" x 12"; Boardroom: 11" x 11' 12", and open office/reception area. Lease rates starting at $16.00/PSF plus NNN costs of $5.00/PSF (includes all utilities—except internet/phones) Which puts total rent at $1,741.25/month plus GST starting. Check attachments for I-1 zoning land use bylaws and approved uses prior to viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$16
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

2.15%

DSCR

1.12

Going-in cap

6.19%

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
Summit Trades Supply988 SF2032-12

Area demographics

Trade area within 3 miles of the property.

Population

95,429

Households

37,375

Median income

$110,500

Median age

34

Daytime population

84,373

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 2, 5220 Duncan Avenue, Blackfalds.

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.