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For Lease · Office

101, 8026 Franklin Avenue, Fort McMurray

101, 8026 Franklin Avenue, Fort McMurray, AB T9H5K3

$28 Monthly

3,176 SF

Asset Class

Office

Size

3,176 SF

Building class

C

Zoning

CO — Commercial Office

$ / SF

$0

Occupancy

100%

Year Built

2004

About this property

GROSS LEASE! 6 PARKING STALLS! IMMEDIATE POSSESSION! Welcome to 101-8026 Franklin Avenue. This spacious commercial property offers approximately 3,039 sq. ft. of interior space and a versatile layout suitable for a variety of business operations. The floor plan features a large open commercial area, a spacious meeting room, 3 additional private meeting rooms/offices, a separate staff area (kitchen), additional commercial space, 2 washrooms, and storage space. This property also comes with 6 PARKING STALLS, including 2 heated stalls and 4 exterior stalls, providing ample parking for staff and clients. This property also comes with A/C. One of the standout features is the GROSS LEASE, where the landlord is responsible for all utilities, utility maintenance, exterior maintenance, snow removal, and landscaping, allowing tenants to enjoy predictable operating costs. Conveniently located along Franklin Avenue in downtown Fort McMurray, this property offers an excellent opportunity for businesses looking for a functional and spacious commercial location. AVAILABLE FOR IMMEDIATE POSSESSION! Any lease signed will have an expiration date of December 31 2029. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$28
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

5.04%

DSCR

1.27

Going-in cap

7.05%

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
Prairie Coffee Roasters1,696 SF2030-07
Prairie Coffee Roasters793 SF2030-07
Prairie Coffee Roasters688 SF2030-07

Area demographics

Trade area within 3 miles of the property.

Population

125,438

Households

58,984

Median income

$71,000

Median age

39.1

Daytime population

181,669

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 101, 8026 Franklin Avenue, Fort McMurray.

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.