For Sale · Industrial

2, 1302 Dirkson Drive NE, Redcliff

2, 1302 Dirkson Drive NE, Redcliff, AB T0J2P0

Price on request

2,600 SF

Asset Class

Industrial

Size

2,600 SF

Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

88%

Year Built

2009

Clear height

31 ft

Loading docks

10

About this property

2600 sq ft Industrial bay on Dirkson Dr, Redcliff, AB. This industrial bay is developed with front office, reception and 2 - 2 piece bathrooms. The drive thru bay of the shop area has a wider door at the rear. MUA has been installed. The shared lot is asphalt paved at front and fully fenced with gravel at back. Convenient 24 hour access. Operating costs at $775/mo. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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 Roasters877 SF2030-04
Prairie Coffee Roasters1,422 SF2030-04

Area demographics

Trade area within 3 miles of the property.

Population

69,334

Households

28,633

Median income

$62,000

Median age

39.9

Daytime population

69,853

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 2, 1302 Dirkson Drive NE, Redcliff.

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.