1263 2 Avenue S, Lethbridge
For Lease · Specialty

1263 2 Avenue S, Lethbridge

1263 2 Avenue S, Lethbridge, AB T1J0E7

$14 Monthly

3,275 SF

Asset Class

Specialty

Size

3,275 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$0

Occupancy

82%

Year Built

1959

About this property

Great opportunity to have a retail, warehouse building with 3 overhead doors, off-street parking and easy access. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

1.05%

DSCR

1.06

Going-in cap

5.86%

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
Vector Robotics1,489 SF2032-02
Vector Robotics666 SF2032-02
Vector Robotics400 SF2032-02
Vector Robotics400 SF2032-02

Area demographics

Trade area within 3 miles of the property.

Population

104,162

Households

47,615

Median income

$105,500

Median age

33.8

Daytime population

173,885

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 1263 2 Avenue S, Lethbridge.

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.