For Lease · Specialty

3, 3220 5 NE, Calgary

3, 3220 5 NE, Calgary, AB T2A5N1

$15 Yearly

3,375.6 SF

Asset Class

Specialty

Size

3,375.6 SF

Building class

C

Zoning

US — Urban Services

$ / SF

$0

Occupancy

84%

Year Built

1976

About this property

Prime retail/light industrial space facing right onto 5 AVE NE. Excellent access from 36 Street. Unit has dock loading in the back. Lease rate is $15PSF and op costs are $8.50 psf. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$15
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.20%

DSCR

1.01

Going-in cap

5.60%

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
Summit Trades Supply855 SF2034-04
Summit Trades Supply1,971 SF2034-04

Area demographics

Trade area within 3 miles of the property.

Population

71,478

Households

31,049

Median income

$68,500

Median age

41.7

Daytime population

117,473

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 3, 3220 5 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.