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For Lease · Office

301, 2816 11 Street NE, Calgary

301, 2816 11 Street NE, Calgary, AB T2E7S7

$3,900 Monthly

1,204 SF

Asset Class

Office

Size

1,204 SF

Building class

B

Zoning

DC1 — Direct Control

$ / SF

$3

Occupancy

85%

Year Built

1981

About this property

Nicely developed office space with great views! This is 1200+ square feet of functional space. There are three offices with views to the North and East, a boardroom/meeting space, with room for reception and room for several work stations.  A lunchroom is conveniently located in the space.  This office is located in The Westview, a  small boutique building  a block to 32 Avenue and Deerfoot Trail with easy access to the Airport and Downtown. This building has an elevator, updated washrooms on every floor and good parking. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$4K
Down payment30% · $1K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$18

Projected NOI

$181

Annual cash flow

$-35

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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 LLP1,028 SF2030-03

Area demographics

Trade area within 3 miles of the property.

Population

139,403

Households

50,058

Median income

$116,000

Median age

32.6

Daytime population

223,257

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 301, 2816 11 Street NE, Calgary.

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.