For Sale · Industrial

21 Airport Road, Edmonton

21 Airport Road, Edmonton, AB T5G0W6

Price on request

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

97%

Lot Size

0.715913005050505 ac

Clear height

23 ft

Loading docks

4

About this property

• 1,750 sq. ft. (more or less) office warehouse• 680 sq. ft. (more or less) carpeted showroom/office area• 680 sq. ft. (more or less) mezzanine (free of rent)• Grade loading with 10’x12’ overhead door• LED lighting in warehouse• Convenient access to Kingsway Ave and Yellowhead Trail (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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.

Area demographics

Trade area within 3 miles of the property.

Population

91,572

Households

34,124

Median income

$118,500

Median age

38

Daytime population

97,684

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 21 Airport Road, Edmonton.

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.