201, 2551 Hewes Way NW, Edmonton201, 2551 Hewes Way NW, Edmonton — photo 2201, 2551 Hewes Way NW, Edmonton — photo 3201, 2551 Hewes Way NW, Edmonton — photo 4201, 2551 Hewes Way NW, Edmonton — photo 5201, 2551 Hewes Way NW, Edmonton — photo 6201, 2551 Hewes Way NW, Edmonton — photo 7201, 2551 Hewes Way NW, Edmonton — photo 8201, 2551 Hewes Way NW, Edmonton — photo 9201, 2551 Hewes Way NW, Edmonton — photo 10201, 2551 Hewes Way NW, Edmonton — photo 11201, 2551 Hewes Way NW, Edmonton — photo 12201, 2551 Hewes Way NW, Edmonton — photo 13201, 2551 Hewes Way NW, Edmonton — photo 14201, 2551 Hewes Way NW, Edmonton — photo 15201, 2551 Hewes Way NW, Edmonton — photo 16201, 2551 Hewes Way NW, Edmonton — photo 17201, 2551 Hewes Way NW, Edmonton — photo 18201, 2551 Hewes Way NW, Edmonton — photo 19201, 2551 Hewes Way NW, Edmonton — photo 20
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Business For Sale · Office

201, 2551 Hewes Way NW, Edmonton

201, 2551 Hewes Way NW, Edmonton, AB T6L6W6

Price on request

8,800 SF

Asset Class

Office

Size

8,800 SF

Building class

A

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

95%

Year Built

2003

About this property

Perfect for a Dentist, Doctor, or Other Medical Professional! Approximately 4,400 sq. ft. is already built out as a dental clinic, with an additional 4,400 sq. ft. built out as a medical office. Flexible leasing options from 2,200 to 8,800 sq. ft. available, with other professional uses welcome! Located on the second floor of Hewes Professional Centre at 2551 Hewes Way, directly across from Mill Woods Town Centre and Transit Centre, steps from the LRT and minutes from Grey Nuns Hospital. The main floor features an operating family medical clinic, pharmacy, and dental hygiene practice. Building offers elevator access and ample parking. Excellent opportunity for medical, dental, or other professional businesses in a prime location! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Northbridge Logistics2,959 SF2029-02
Northbridge Logistics1,925 SF2029-02
Northbridge Logistics1,227 SF2029-02
Northbridge Logistics2,285 SF2029-02

Area demographics

Trade area within 3 miles of the property.

Population

117,457

Households

45,002

Median income

$82,000

Median age

40.9

Daytime population

144,447

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 201, 2551 Hewes Way NW, Edmonton.

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.