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$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
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
| Tenant | Area | Expiry |
|---|---|---|
| Aurora Legal LLP | 2,519 SF | 2031-02 |
| Aurora Legal LLP | 1,270 SF | 2031-02 |
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.
Confidential diligence documents for 123 123 Avenue SW, Calgary.
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.