For Lease · Specialty

123 123 Avenue SW, Calgary

123 123 Avenue SW, Calgary, AB T3C0M6

$12,750 Monthly

4,500 SF

Asset Class

Specialty

Size

4,500 SF

Building class

B

Zoning

US — Urban Services

$ / SF

$3

Occupancy

84%

Year Built

1965

Lot Size

0.14925151846122672 ac

About this property

Prime 4500 sq ft free-standing retail/office building for sale located on the busy Beltline of downtown Calgary. This corner unit building offers a highly visible exposure to traffic heading west bound on 11 Ave SW, ample parking to the rear or public street parking to the west of the building, walking to distance to LRT and bus routes. The building is zoned CC-X for a variety of retail/office uses as well as future redevelopment potential. Call your Realtor now to view this beautiful opportunity. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$13K
Down payment30% · $4K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$59

Projected NOI

$582

Annual cash flow

$-125

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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
Aurora Legal LLP2,519 SF2031-02
Aurora Legal LLP1,270 SF2031-02

Area demographics

Trade area within 3 miles of the property.

Population

46,812

Households

20,891

Median income

$79,500

Median age

41

Daytime population

72,249

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for 123 123 Avenue SW, Calgary.

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.