For Lease · Specialty

2008 48 Street SE, Calgary

2008 48 Street SE, Calgary, AB T2B2E5

$16 Yearly

2,600 SF

Asset Class

Specialty

Size

2,600 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$0

Occupancy

89%

Year Built

1972

About this property

Back on the market. Only 2 units left in this building. Unit 102 is about 1,600 sf. Gross rent is $29/sf. (Includes base rent, operating costs and Utilities) Unit 200 is about 2,600 sf, and the Gross rent is $16/sf. ( Includes base rent, operating costs and utilities) Plus GST. (id:66811)

Financial sandbox

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Estimate
Purchase price$16
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.07%

DSCR

1.00

Going-in cap

5.56%

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
Northbridge Logistics1,478 SF2027-09
Northbridge Logistics534 SF2027-09
Northbridge Logistics400 SF2027-09

Area demographics

Trade area within 3 miles of the property.

Population

146,874

Households

52,275

Median income

$83,500

Median age

31.1

Daytime population

223,497

5-yr growth

6.2%

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

Secure deal room

Confidential diligence documents for 2008 48 Street SE, 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.