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For Lease · Retail

1, 5601 4 Avenue, Edson

1, 5601 4 Avenue, Edson, AB T7E1L6

$29 Monthly

1,235 SF

Asset Class

Retail

Size

1,235 SF

Building class

Zoning

CNC — Neighbourhood Commercial

$ / SF

Occupancy

91%

Year Built

2023

Lot Size

0.10404040404040404 ac

About this property

Yellowhead Commons offers an excellent opportunity to locate your business in a highly visible location along Highway 16 in the Town of Edson.These commercial units offer excellent highway exposure, easy access to more than 40 parking spaces, and a convenient location close to major shopping, transportation, civic services, and hotels.The units are well suited for a variety of businesses looking for a professional and easy-to-find location with good access for customers and clients.With multiple units available, including adjacent units, there is also flexibility to choose the space that best fits your business needs.If you are looking for a high-visibility commercial location in Edson, Yellowhead Commons is worth a look. Contact us for details on available units and leasing options. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$29

Down payment30% · $9

Interest rate6.25%

Amortization25 years

Occupancy91%

Expense growth2.5%

Monthly debt service

Projected NOI

Annual cash flow

Cash-on-cash

1.13%

DSCR

1.06

Going-in cap

5.88%

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)

Tenant	Suite	Area	Rent / SF	Expiry
Aurora Legal LLP	120	713 SF	$18.47	2029-09
Aurora Legal LLP	120	400 SF	$18.35	2029-09
Cascade Foods Inc.	120	400 SF	$18.71	2029-09
Cascade Foods Inc.	120	400 SF	$18.59	2029-09

Area demographics

Trade area within 3 miles of the property.

Population

117,928

Households

45,546

Median income

$110,000

Median age

44.5

Daytime population

124,486

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 1, 5601 4 Avenue, Edson.

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.