1/65002 43 Street, Athabasca
5002 43 Street, Athabasca, AB T9S1M4
$470,000 total
0 SF
Asset Class
Specialty
Size
0 SF
Building class
B
Zoning
US — Urban Services
$ / SF
—
Occupancy
94%
Lot Size
0.44 ac
About this property
EXCELLENT INVESTMENT OPPORTUNITY WITH ESTABLISHED LONG TERM TENANT. Situated in arguably the best location in town for a commercial space, this lot offers total versatility and maximum exposure on two intersecting major highways. Zoned industrial, yard is completely fenced and currently used for commercial storage. But was once the home of a vibrant restaurant with the most amazing view overlooking the river and downtown core. Could also work well for future office or retail space. Excellent long term tenant in place. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$31K
Annual cash flow
$5K
Cash-on-cash
3.58%
DSCR
1.19
Going-in cap
6.61%
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
128,705
Households
52,014
Median income
$77,000
Median age
40.1
Daytime population
179,567
5-yr growth
6.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 5002 43 Street, Athabasca.
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.