1061 Factory Street SE, Medicine Hat1061 Factory Street SE, Medicine Hat — photo 21061 Factory Street SE, Medicine Hat — photo 3
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For Lease · Industrial

1061 Factory Street SE, Medicine Hat

1061 Factory Street SE, Medicine Hat, AB T1A1X8

Price on request

2,400 SF

Asset Class

Industrial

Size

2,400 SF

Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

94%

Year Built

1977

Clear height

34 ft

Loading docks

13

About this property

Centrally located 2400 sq ft warehouse with fenced yard! Great opportunity to lease a functional warehouse building in a central Medicine Hat location. The approximately 2,400 sq. ft. space features a drive-through bay, office area, reception area and washroom, making it well suited for a variety uses. The fully fenced yard provides valuable additional outdoor storage for equipment, vehicles, materials or inventory. Conveniently located within the city, this property offers easy access and a practical setup for businesses looking for functional warehouse and yard space. Operating costs estimated at $300/month (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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
Lakeview Physiotherapy1,229 SF2029-01
Lakeview Physiotherapy559 SF2029-01
Lakeview Physiotherapy461 SF2029-01

Area demographics

Trade area within 3 miles of the property.

Population

93,765

Households

41,564

Median income

$130,000

Median age

38.8

Daytime population

128,749

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 1061 Factory Street SE, Medicine Hat.

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.