For Sale · Industrial

5, 1355 Brier Park Crescent NW, Medicine Hat

5, 1355 Brier Park Crescent NW, Medicine Hat, AB T1C1V1

Price on request

1,200 SF

Asset Class

Industrial

Size

1,200 SF

Building class

C

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

86%

Year Built

1974

Clear height

35 ft

Loading docks

6

About this property

This 1,200 sq. ft. industrial bay in Medicine Hat’s Brier Park Industrial Park offers a practical combination of office, customer-facing space and shop area—perfect for a small business looking to establish its own location. The front of the bay features an open office/reception area, providing a welcoming space for clients and day-to-day business operations. A new barrier-free washroom adds convenience and accessibility. The balance of the space offers functional shop/warehouse area with an overhead door, making loading, deliveries and day-to-day operations easy. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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
Lakeview Physiotherapy1,036 SF2029-07

Area demographics

Trade area within 3 miles of the property.

Population

146,768

Households

52,739

Median income

$131,500

Median age

38.2

Daytime population

164,265

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 5, 1355 Brier Park Crescent NW, Medicine Hat.

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.