For Sale · Industrial

#3, 6002 60 Avenue, Taber

#3, 6002 60 Avenue, Taber, AB T1G2C1

Price on request

2,000 SF

Asset Class

Industrial

Size

2,000 SF

Building class

A

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

83%

Year Built

1979

Clear height

21 ft

Loading docks

13

About this property

2000 sq ft of warehouse/office space located in Taber's industrial area. This space includes a 16' x 50' office space recently updated, 2pc washroom, 30'x40' shop space with 12'x14' overhead door and 220 power for all your working needs. If you're looking for somewhere warm to work for this upcoming season, this is it. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

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
Lakeview Physiotherapy727 SF2028-01
Lakeview Physiotherapy941 SF2028-01

Area demographics

Trade area within 3 miles of the property.

Population

98,357

Households

37,651

Median income

$86,000

Median age

45.1

Daytime population

86,639

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for #3, 6002 60 Avenue, Taber.

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.