For Lease · Specialty

53214A Range Road 172, Rural Yellowhead County

53214A Range Road 172, Rural Yellowhead County, AB T7E3E2

$649,000 per sq ft / yr

3,619 SF

Asset Class

Specialty

Size

3,619 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$179

Occupancy

83%

Year Built

1996

Lot Size

30.39 ac

About this property

Large shop on 30.39 acres zoned Commercial District conveniently located on the Golf Course road, a stones throw from the town of Edson. The building offers 3619 sqft of space. This space includes 2239 sqft of shop space, large storage/workshop area, restroom, a reception area and an office. This space is also available to be leased, please contact for lease details. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$649K
Down payment30% · $195K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$29K

Annual cash flow

$-7K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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
Aurora Legal LLP3,011 SF2034-05

Area demographics

Trade area within 3 miles of the property.

Population

41,464

Households

17,682

Median income

$109,000

Median age

34.5

Daytime population

35,896

5-yr growth

6.2%

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

Secure deal room

Confidential diligence documents for 53214A Range Road 172, Rural Yellowhead County.

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.