For Sale · Retail

St. Albert

St. Albert, AB T8N5S8

Price on request

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Asset Class

Retail

Size

—

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

91%

Year Built

1987

Lot Size

2.2600000000000002 ac

About this property

Up to ±7,000 SF available, ideal for QSR / Drive-Thru, Medical Clinic, Dental, Optometry, Chiropractor, Physiotherapy / Rehab, Automotive Service (oil change/tire). The space can be custom-built to meet tenant requirements, offering a modern layout and strong exposure along St. Albert Trail. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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.

Area demographics

Trade area within 3 miles of the property.

Population

44,910

Households

19,380

Median income

$64,000

Median age

37.4

Daytime population

41,411

5-yr growth

5.6%

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

Secure deal room

Confidential diligence documents for St. Albert.

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.