For Lease · Specialty

11125 38 Street NE, Calgary

11125 38 Street NE, Calgary, AB T3N1P3

$35 Yearly

1,750 SF

Asset Class

Specialty

Size

1,750 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

84%

Year Built

2018

Lot Size

2.0781544209584712 ac

About this property

Retail space for Lease! Main-floor corner unit in the highly sought-after Plaza YYC development, located in the Jacksonport area, just minutes from Calgary International Airport. This prime retail space offers excellent exposure with high daily traffic and is ideally situated across from Princess Auto and Co-op Gas Station. Surrounded by established retail, commercial, and industrial businesses, with convenient access to Deerfoot Trail, Stoney Trail, and Metis Trail, this location offers outstanding accessibility for customers and employees alike. Previously operated as a liquor store, the unit is fully built out and features a functional layout complete with a washroom and built-in kitchen area, making it move-in ready for a wide range of retail, office, or service-oriented businesses. Large storefront windows provide excellent visibility and abundant natural light throughout the space. Ideal for a convenience store, clothing or specialty retail, professional office, medical or wellness services, showroom, or many other permitted uses. Located at 11125 38 Street NE, this highly visible corner unit offers long-term growth potential in one of Calgary's fastest-growing commercial corridors. Please feel free to call today for more information or to book a private showing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$35
Down payment30% · $11
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.23%

DSCR

0.77

Going-in cap

4.27%

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
Aurora Legal LLP1,477 SF2033-03

Area demographics

Trade area within 3 miles of the property.

Population

98,075

Households

35,900

Median income

$104,000

Median age

32.6

Daytime population

90,361

5-yr growth

9.4%

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

Secure deal room

Confidential diligence documents for 11125 38 Street NE, 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.