For Lease · Specialty

2, 1702 10 Avenue SW, Medicine Hat

2, 1702 10 Avenue SW, Medicine Hat, AB T1A7T9

$8 Monthly

2,342 SF

Asset Class

Specialty

Size

2,342 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

90%

Year Built

1974

About this property

High-traffic commercial bay for lease in Medicine Hat’s Southwest Light Industrial area, conveniently located on 10 Avenue SW with easy access to Highway 1 and Highway 3. This bright and clean 2342 SqFt space is available October 1, 2026, offering a large reception/open work area, 3 private offices, lunchroom, storage area, and washroom. Monthly lease breakdown is $1561.33 base rent ($8/SqFt) + $729.92 ($3.74/SqFt) common area costs + $450 flat utility charge, for a total of $2741.25/month + GST. Common area costs include property taxes and building insurance. This space is ideal for contractors, trades, service businesses, professional offices or light-industrial operations. Optional additions include a 1,500 SqFt cold-storage/shop area for $1,000/month + GST and a private gated yard for $250/month + GST. All uses are subject to landlord approval, zoning and final lease terms. Please note a minimum 2-year lease is required. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$8
Down payment30% · $2
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$0

Annual cash flow

$-0

Cash-on-cash

-18.47%

DSCR

0.00

Going-in cap

0.00%

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
Summit Trades Supply1,351 SF2034-07
Summit Trades Supply485 SF2034-07
Summit Trades Supply400 SF2033-06

Area demographics

Trade area within 3 miles of the property.

Population

135,857

Households

51,223

Median income

$132,500

Median age

38.5

Daytime population

197,688

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for 2, 1702 10 Avenue SW, Medicine Hat.

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.