For Lease · Office

2A, 1808 50 Avenue E, Lloydminster

2A, 1808 50 Avenue E, Lloydminster, AB T9V2W7

$1,450 Monthly

1,152 SF

Asset Class

Office

Size

1,152 SF

Building class

B

Zoning

DC1 — Direct Control

$ / SF

$1

Occupancy

96%

Year Built

2005

About this property

Approximately 1152 SQ.ft. of well maintained commercial space available on the 2nd level of a commercial plaza in College Park, Lloydminster AB.. Features include Large, open-concept space suitable for a variety of business uses. 2 large private offices, Bathroom with an additional deep sink. File/storage room. Bright, well lit interior. Convenient commercial plaza location. Gross lease includes power, heat, water, garbage disposal providing a simple and predictable monthly lease agreement. Ideal for office or service based business looking for a spacious and functional location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1K
Down payment30% · $435
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7

Projected NOI

$81

Annual cash flow

$1

Cash-on-cash

0.18%

DSCR

1.01

Going-in cap

5.59%

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
Prairie Coffee Roasters1,101 SF2030-02

Area demographics

Trade area within 3 miles of the property.

Population

66,430

Households

27,130

Median income

$128,500

Median age

35.5

Daytime population

74,916

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 2A, 1808 50 Avenue E, Lloydminster.

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.