For Sale · Office

Breton

Breton, AB T0C0P0

$185,000 total

—

Asset Class

Office

Size

—

Building class

A

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

94%

Year Built

1973

Lot Size

0 ac

About this property

Great investment opportunity in Breton, Mixed use property with long-term tenant of 30+ years (established insurance company) occupying approx. 1200 sq. ft. commercial space with a upper 2 bedroom residential suite providing additional income. Over $50,000 in recent renos to the suite plus full storefront reno as well. Strong stable income property (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$185K
Down payment30% · $56K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$854

Projected NOI

$12K

Annual cash flow

$2K

Cash-on-cash

2.72%

DSCR

1.15

Going-in cap

6.36%

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

121,056

Households

51,157

Median income

$72,500

Median age

41.7

Daytime population

198,775

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for Breton.

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.