For Sale · Industrial

39 Belich Crescent, Rural Red Deer County

39 Belich Crescent, Rural Red Deer County, AB T4S2K5

$2.5M total

9,725 SF

Asset Class

Industrial

Size

9,725 SF

Building class

A

Zoning

IM — Medium Industrial

$ / SF

$257

Occupancy

90%

Year Built

2002

Lot Size

3.01 ac

Clear height

19 ft

Loading docks

3

About this property

Located in Belich Industrial Park, this 9,725 SF standalone building on 3.01 acres is available for sale. The building features 2,500 SF of office space over two floors including a reception area with a built-in desk, multiple private offices, a boardroom, a staff lunch room, storage rooms, and washrooms. The shop is 7,500 SF with multiple overhead doors varying in size. There are multiple outbuildings on site including a 1,080 SF heated garage/shop, 1,090 SF sandblast/cold storage bay, and a 1,320 SF heated storage bay. The property is fully fenced with ample paved parking available directly in front and a large, graveled yard. The location offers quick access to Highway 11 and Highway 2A. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.50M
Down payment30% · $750K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$116K

Annual cash flow

$-22K

Cash-on-cash

-2.93%

DSCR

0.84

Going-in cap

4.66%

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
Northbridge Logistics8,743 SF2031-05

Area demographics

Trade area within 3 miles of the property.

Population

118,141

Households

44,541

Median income

$125,000

Median age

37.4

Daytime population

153,373

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 39 Belich Crescent, Rural Red Deer County.

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.