1/1457 McKenzie Drive, Rural Red Deer County
57 McKenzie Drive, Rural Red Deer County, AB T4S2H4
Price on request
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Asset Class
Land
Size
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Building class
A
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
92%
Lot Size
3.56 ac
About this property
Located west of Gasoline Alley in Red Deer County just off of Hwy 2 in a high traffic area. Fully serviced hard packed 3.56 acre "corner" lot currently being utilized as Industrial storage. The clay base was landscaped and compacted to provide excellent drainage. Then a layer of recycled concrete added and compacted. The top layer is 6" of heavily compacted recycled asphalt which provides superior drainage, heavy load capabilities and minimal dust. Lot rent is being offered at $12,100.00 per month plus Triple Net for the first 3 years. Build to suit options will be considered. Gasoline Alley next to Red Deer is a hub for Industrial, Commercial, Retail and Residential activity. Easy access off of Hwy 2 and centrally located between Alberta's two major cities Edmonton & Calgary, AB. Adjoining lot 11 being offered for lease under MLS# A2320496 (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$79K
Annual cash flow
$-4K
Cash-on-cash
-0.97%
DSCR
0.95
Going-in cap
5.25%
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
121,104
Households
46,216
Median income
$76,500
Median age
42.4
Daytime population
146,663
5-yr growth
5.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 57 McKenzie Drive, Rural Red Deer County.
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.