For Lease · Retail

Edmonton

Edmonton, AB T6W3G9

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

85%

Year Built

2015

Lot Size

0 ac

About this property

Discover the perfect space to grow your practice in Southwest Edmonton! Offering 1,330 sq. ft. of versatile commercial office space, this leasing opportunity is ideal for legal firms, medical and healthcare practitioners, and other professional service providers seeking a strategic location to launch a new practice, accommodate growth, or establish a stronger presence in a developing community. The space is fully developed and ready to occupy, with no build-out required. It includes four private offices, one boardroom, a common area, two pantries, a printer and storage room, a janitorial room with a mop sink, a fully finished washroom, a waiting area and reception. Annual Base Rent $38.00/sqft plus Annual Operating Costs $23.00/sqft. RENT PRICE NEGOTIABLE (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

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.

Area demographics

Trade area within 3 miles of the property.

Population

107,994

Households

38,347

Median income

$126,500

Median age

37.3

Daytime population

99,434

5-yr growth

3.4%

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

Secure deal room

Confidential diligence documents for Edmonton.

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.