For Sale · Industrial

Onoway

Onoway, AB T0E1V0

$699,000 total

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

83%

Year Built

1991

Lot Size

2.06 ac

Clear height

31 ft

Loading docks

3

About this property

Affordable industrial property with many possible uses. Perfect set up here for manufacturing, welding shop, storage and heavy equipment yard. Fenced and secure. Heavy power, and fully serviced. Good Highway access to HWY 43 and 37. The site could host more than one user for extra income if desired. Lease to own is possible as well, (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$699K
Down payment30% · $210K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$37K

Annual cash flow

$-2K

Cash-on-cash

-1.01%

DSCR

0.95

Going-in cap

5.24%

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

145,168

Households

60,308

Median income

$85,500

Median age

42.5

Daytime population

129,007

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for Onoway.

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.