For Lease · Office

218, 1217 Centre Street NW, Calgary

218, 1217 Centre Street NW, Calgary, AB T2E2R3

$10 Yearly

2,552 SF

Asset Class

Office

Size

2,552 SF

Building class

C

Zoning

CB2 — Central Business

$ / SF

$0

Occupancy

100%

Year Built

1978

About this property

Well-appointed Second-Floor Commercial Office Space available in Calgary’s sought-after Crescent Heights area. The functional layout features seven private offices, a dedicated boardroom, reception area, and kitchenette, providing an efficient configuration for professional services, corporate operations, or administrative use. The premises are well maintained and updated, offering an established office environment. Situated in a desirable commercial location with visible pedestrian traffic, and public transportation, the property also benefits from visitor parking and street parking. One surface parking stall is available at Market Rates. An excellent opportunity for businesses seeking a professional office presence in an established Calgary neighbourhood. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$10
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

14.86%

DSCR

1.80

Going-in cap

10.00%

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 Roasters953 SF2032-05
Prairie Coffee Roasters1,586 SF2032-05

Area demographics

Trade area within 3 miles of the property.

Population

58,175

Households

22,860

Median income

$69,000

Median age

38.8

Daytime population

76,893

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 218, 1217 Centre Street NW, Calgary.

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.