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$309,900 total
1,844 SF
Asset Class
Industrial
Size
1,844 SF
Building class
A
Zoning
IM — Medium Industrial
$ / SF
$168
Occupancy
100%
Year Built
2018
Clear height
30 ft
Loading docks
10
WELCOME to an INCREDIBLE OWNERSHIP OPPORTUNITY in BUILDING I—where AVIATION, VEHICLE STORAGE + SERIOUS TOY SPACE come together!!! This FULLY INSULATED + HEATED 40’ x 40’ END HANGAR offers approximately 1,600 SQ. FT. of versatile space for your PLANE, CLASSIC + EXOTIC CARS, RV, BOAT, MOTORCYCLES, ATVs, SNOWMOBILES, TRAILERS, WORK VEHICLES, COLLECTIBLES + MORE. For aviation enthusiasts, the location is exceptional—this unit is the CLOSEST TO TAXIWAY D for convenient airside access. Whether you need room for 2–3 PLANES or the ultimate private space for an impressive collection, this unit DELIVERS!!!A massive 38’ x 16’ SCHWEISS BIFOLD DOOR provides outstanding access for aircraft, oversized vehicles + equipment, while the expansive 40’ x 40’ footprint gives you incredible flexibility. Park multiple vehicles, store seasonal toys, create a dedicated hobby space or combine AIRCRAFT + VEHICLE STORAGE under one roof. As an END UNIT within this 12-UNIT BUILDING, you also benefit from a highly desirable position.Step inside + discover a space designed to be USED + ENJOYED YEAR-ROUND. The FULLY INSULATED + HEATED interior helps protect valuable aircraft, vehicles + equipment through Alberta’s changing seasons. The OVERSIZED BIFOLD DOOR brings in an abundance of NATURAL LIGHT, complemented by excellent interior lighting for maintenance, detailing, projects + time spent enjoying your collection.The durable EPOXY FLOOR delivers a clean, polished finish ideally suited to planes, cars + equipment. A FLOOR DRAIN adds everyday practicality, while a SUMP PUMP + WATER LINE make maintenance + cleanup even easier. A PRIVATE 2-PC BATHROOM is another valuable convenience when spending extended time at the hangar.Above, the MEZZANINE takes this space well beyond ordinary storage. Create a PRIVATE LOUNGE overlooking your collection, set up an OFFICE or take advantage of additional organized STORAGE—all while preserving valuable floor space below.OWN YOUR HANGAR SPACE through a unique SH ARE OWNERSHIP structure in this SELF-MANAGED 12-UNIT BUILDING!!! Your share provides the USE + OCCUPANCY RIGHTS to this hangar, while the corporation leases the underlying airport land. Unit I-1 is currently allocated an 8.4% SHARE of applicable building expenses, including WATER, POWER, SNOW + GRASS CARE, MAINTENANCE + ADMINISTRATION, w/property tax + insurance also allocated to the unit.Whether your passion is AVIATION, CARS, MOTORSPORTS or RECREATIONAL VEHICLES, this is your opportunity to secure a HEATED + FULLY SERVICED SPACE where your collection can be PROTECTED, MAINTAINED + ENJOYED. 40’ x 40’ END UNIT, 38’ x 16’ SCHWEISS BIFOLD DOOR, MEZZANINE, EPOXY FLOOR, WATER + PRIVATE BATHROOM—THIS is storage taken to another level!!! BOOK NOW!!! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$17K
Annual cash flow
$-463
Cash-on-cash
-0.50%
DSCR
0.97
Going-in cap
5.39%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 1,840 SF | 2034-04 |
Trade area within 3 miles of the property.
Population
85,924
Households
33,454
Median income
$109,500
Median age
34.3
Daytime population
132,940
5-yr growth
7.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1, 503 HURRICANE Drive, Rural Rocky View 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.