For Sale · Hospitality

Innisfail

Innisfail, AB T4G1J5

Price on request

—

Asset Class

Hospitality

Size

—

Building class

A

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

89%

Lot Size

1.6144589990817264 ac

About this property

fully equipped fast food takeout in a busy major gas station overlooking HWY 2. All brand new equipment, turnkey. All equipment and premises licensed and inspected ready to operate. Located in a franchised gas station, next to major arteries for Red Deer and Calgary! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

53,597

Households

22,902

Median income

$81,500

Median age

42.1

Daytime population

74,755

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for Innisfail.

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.