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For Lease · Industrial

8704 99 Street, Clairmont

8704 99 Street, Clairmont, AB T0H0W0

$2.3M per sq ft / yr

13,600 SF

Asset Class

Industrial

Size

13,600 SF

Building class

A

Zoning

IL — Light Industrial

$ / SF

$169

Occupancy

93%

Year Built

2005

Clear height

20 ft

Loading docks

3

About this property

High-exposure Highway 2 industrial property on 2.01 acres featuring a functional combination of showroom, office, warehouse, shop, service, and storage space. The main floor includes an 80' x 50' shop with a 5-ton overhead crane and dedicated wash bay; a repair area, a 23'8" x 50'warehouse, plus separate parts storage, reception/showroom, multiple offices, and washrooms. Multiple overhead doors provide access to both the shop and warehouse areas, including four 14' x 16' overhead doors serving the main operational areas and supporting efficient equipment and material movement through an approximately 80' drive-through bay. The layout is designed to support efficient operations, with warehouse, parts storage, repair, wash bay, and shop areas strategically connected to streamline inventory handling, maintenance, service, and equipment workflows.A standout feature is the forklift-accessible second-floor load-bearing storage area located directly above and connected to the warehouse. This configuration significantly increases storage capacity without sacrificing valuable warehouse floor area required for receiving, shipping, staging, service work, and equipment storage. The second floor also includes multiple offices, a meeting room, training room, lunchroom, washrooms, and additional storage, offering flexibility for administration, management, staff training, and future growth. Independent stair access allows the upper office area to operate separately from the main floor, creating flexibility for management and additional business functions.The dedicated wash bay allows equipment and vehicle cleaning to occur separately from the primary shop area, preserving valuable shop space for service and repair activities. A professional reception and showroom area provides a customer-facing environment well suited for equipment sales, rentals, parts distribution, and service operations, allowing customer interaction and operational functions to be accommodated within the sa me facility.Additional features include three-phase power, in-floor heating, air-conditioned office space, air compressor connections, pressure washer system, and excellent access and visibility from four-lane Highway 2. Floor plans and architectural drawings are available upon request. Property is also listed for lease on MLS# A2335300. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.30M
Down payment30% · $690K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$123K

Annual cash flow

$-5K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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 Partners5,144 SF2032-07
Halcyon Wealth Partners3,042 SF2032-07
Halcyon Wealth Partners1,804 SF2032-07
Halcyon Wealth Partners2,671 SF2032-07

Area demographics

Trade area within 3 miles of the property.

Population

129,601

Households

52,443

Median income

$79,500

Median age

40.1

Daytime population

206,874

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 8704 99 Street, Clairmont.

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.