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For Sale · Industrial

11916 95 Street, High Level

11916 95 Street, High Level, AB T0H1Z0

$339,900 total

3,000 SF

Asset Class

Industrial

Size

3,000 SF

Building class

C

Zoning

IB — Industrial Business

$ / SF

$113

Occupancy

84%

Year Built

2006

Clear height

29 ft

Loading docks

9

About this property

HUGE REDUCTION!!!! The perfect opportunity for your new business venture has just hit the market. 3000 sq.ft. metal clad shop on .73 acres, with 480 & 206 3 phase power, an overhead 2 ton crane and located close to Hwy 35 offering great exposure may be just what you are looking for. The shop offers a great reception/ office area, 1/2 bath & storage room. A mezzanine and some shelving in the shop offers ample room for storage. In addition to this, above the reception/office area is an amazing office area with large windows overlooking the shop area, a kitchenette, full bath & large closet. A 30' x 60' Coverall with 20 & 30 amp underground power, offers additional storage as well. For more information, call today. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$340K
Down payment30% · $102K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$13K

Annual cash flow

$-5K

Cash-on-cash

-5.29%

DSCR

0.71

Going-in cap

3.95%

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
Lakeview Physiotherapy2,523 SF2027-01

Area demographics

Trade area within 3 miles of the property.

Population

127,849

Households

44,422

Median income

$107,000

Median age

33.5

Daytime population

163,323

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 11916 95 Street, High Level.

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.