380 CLAREVIEW STATION Drive, Edmonton, AB, Edmonton
380 CLAREVIEW STATION Drive, Edmonton, AB, Edmonton, AB T5Y0L9
Price on request
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Asset Class
Land
Size
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Building class
A
Zoning
AG — Agricultural
$ / SF
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Occupancy
87%
Lot Size
3.2399999999999998 ac
About this property
FOR LEASE – Shoppes at Clareview! A great pre-leasing opportunity in the growing Clareview community. This new 22,317 SF commercial development includes Building A – 10,500 SF and Building B – 11,817 SF, with a variety of unit sizes available for different business uses. The development is already attracting a strong mix of businesses, including daycare, dental, medical clinic, pharmacy, coffee shop, vape, and cannabis. Surrounded by a well-established residential area with convenient access to transit, shopping, and nearby amenities. Possession is anticipated for Q3 2027. Base rent starts at $40.00 PSF, with estimated operating costs of $18.00 PSF. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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
70,930
Households
28,264
Median income
$128,500
Median age
34.8
Daytime population
91,975
5-yr growth
5.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 380 CLAREVIEW STATION Drive, Edmonton, AB, Edmonton.
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.