For Sale · Industrial

713040 Range Road 64 Range, Rural Grande Prairie No. 1, County of

713040 Range Road 64 Range, Rural Grande Prairie No. 1, County of, AB T8W5E5

$2.2M total

17,890 SF

Asset Class

Industrial

Size

17,890 SF

Building class

C

Zoning

IB — Industrial Business

$ / SF

$123

Occupancy

96%

Year Built

1998

Lot Size

6.14 ac

Clear height

33 ft

Loading docks

1

About this property

An exceptional opportunity to acquire a 6.14-acre industrial property in a highly desirable location, situated in the county just south of the airport. The site features six versatile buildings, including a 6,328 sq. ft. shop, a 2,400 sq. ft. heated shop, an additional 2,500 sq. ft. heated shop, 3,050 sq. ft. of cold storage, a 1,200 sq. ft. vinyl shed, and a 2,400 sq. ft. shop with office space.The yard is well graded and fully gravelled, offering excellent functionality for a wide range of commercial or industrial uses. The property is fully landscaped and fenced, with paved access right to the gate and convenient connectivity to major transportation routes throughout the city.This is a rare, high-utility asset offering outstanding value and an ideal setup for businesses requiring shop space, storage, and efficient logistics. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.20M
Down payment30% · $660K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$108K

Annual cash flow

$-14K

Cash-on-cash

-2.18%

DSCR

0.88

Going-in cap

4.89%

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
Halcyon Wealth Partners10,922 SF2034-02
Halcyon Wealth Partners3,966 SF2034-02
Halcyon Wealth Partners1,461 SF2034-02
Halcyon Wealth Partners825 SF2034-02

Area demographics

Trade area within 3 miles of the property.

Population

119,984

Households

56,519

Median income

$96,500

Median age

31.2

Daytime population

189,110

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 713040 Range Road 64 Range, Rural Grande Prairie No. 1, County of.

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.