For Lease · Land

27323-144 394 Township Road, Blackfalds

27323-144 394 Township Road, Blackfalds, AB T0M0J0

Price on request

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Asset Class

Land

Size

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Building class

C

Zoning

AG — Agricultural

$ / SF

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Occupancy

90%

Lot Size

13.76 ac

About this property

13.76 acres for Sublease till September 30, 2026. Net lease rate of $1500/ acre per month with $30,902.78 (2022) of Property taxes. Located in Aspelund Industrial Park, Lacombe County • Fully fenced and secured site • Fully graveled with 2,000 sq.ft.± cold storage building onsite • Site is just west of Blackfalds, situated along the QEII north of the Aspelund Road/Highway 597 junction. The location is easily accessible from Red DeerOther Property Types: Commercial LandOwnership Interest: PrivateSite Services: Not KnownSeller Rights: NoAppointment Name: Ryan BrownAppointment Phone: 587-635-2486Lease Operating Costs Included: n/aParagon Listing ID: E4321520 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

66,810

Households

23,147

Median income

$108,500

Median age

33

Daytime population

76,291

5-yr growth

3.6%

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

Secure deal room

Confidential diligence documents for 27323-144 394 Township Road, Blackfalds.

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.