For Lease · Specialty

1811 Broadway Avenue E, Redcliff

1811 Broadway Avenue E, Redcliff, AB T0J2P0

$4,000 Monthly

3,036 SF

Asset Class

Specialty

Size

3,036 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$1

Occupancy

93%

Year Built

1981

About this property

Exceptional office lease opportunity offering outstanding visibility and exposure in a high-traffic location. This professionally refurbished space features a functional and versatile layout across two levels, making it ideal for a wide range of office, professional, or service-based businesses. The main floor offers 1,916 SqFt and includes a welcoming reception area, two large private offices, a storage room, lunchroom area, and washroom facilities and a 16'7" X35' shop area. The upper level provides an additional 1,120 SqFt with two spacious offices, a large common area perfect for collaborative workspace or meeting use, an additional storage room, and extra washroom facilities. The property also offers ample storage space throughout and includes one 12x14 overhead door leading into a shop area, adding flexibility and convenience for a variety of business operations. A rare bonus feature is access to approximately 13,000 SqFt of fenced yard space, ideal for secure outdoor storage, equipment, or additional operational needs. Available July 1st. Lease rate is $4,000/month + GST, including all utilities. If you are looking for offices only, this may work for you. Lease would be renegotiated less shop and yard. (id:66811)

Financial sandbox

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Estimate
Purchase price$4K
Down payment30% · $1K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$18

Projected NOI

$213

Annual cash flow

$-8

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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
Vector Robotics1,535 SF2032-02
Vector Robotics700 SF2032-02
Vector Robotics400 SF2032-02
Vector Robotics400 SF2032-03

Area demographics

Trade area within 3 miles of the property.

Population

145,777

Households

50,476

Median income

$121,000

Median age

31.6

Daytime population

170,438

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 1811 Broadway Avenue E, Redcliff.

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.