For Sale · Industrial

12809 - 12873 52 Street NW, Edmonton

12809 - 12873 52 Street NW, Edmonton, AB T5A3P8

Price on request

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

91%

Year Built

1980

Lot Size

2.7 ac

Clear height

23 ft

Loading docks

3

About this property

Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. Kennedale Plaza, a 2 building Flex/Warehouse- Office building is conveniently located on 52 Street and 128 Avenue, a rapidly developing north east commercial area. Offering light bay industrial space that has been extensively upgraded to modern- high efficient heating/cooling and lighting systems, with 3 phase power service for all your business needs. Kennedale offers 12 x 14 Grade overhead doors with 18-20 ft clear to ceiling and 90 ft bay depth. Kennedale Plaza has high quality construction with efficient structures, along with significant parking available. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

61,424

Households

25,279

Median income

$131,000

Median age

38.7

Daytime population

90,851

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 12809 - 12873 52 Street NW, Edmonton.

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.