102,, Spruce Grove
102,, Spruce Grove, AB T7X3A3
Price on request
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IL — Light Industrial
$ / SF
—
Occupancy
95%
Year Built
1978
Lot Size
0 ac
Clear height
25 ft
Loading docks
5
About this property
Functional warehouse bay located at the rear of Building A in the South Avenue complex, offering 1,557 sf. This unit is ideal for trades, contractors, or service based businesses in need of flexible space for operations or storage. The buildings industrial zoning allows for a wide range of uses, while rear placement provides convenience for deliveries and day to day operations. Tenants benefit from on-site parking, straightforward access to major transportation routes including Highway 16A, and the advantage of being part of a busy multi-tenant commercial property. A practical cost effective option for businesses looking for a strong Spruce Grove location. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$83K
Annual cash flow
$-511
Cash-on-cash
-0.11%
DSCR
0.99
Going-in cap
5.51%
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
117,205
Households
43,283
Median income
$127,000
Median age
36.6
Daytime population
157,633
5-yr growth
8.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 102,, Spruce Grove.
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.