For Lease · Retail

70, 585 St. Albert Trail, St. Albert

70, 585 St. Albert Trail, St. Albert, AB T8N6G5

Price on request

—

Asset Class

Retail

Size

—

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

84%

Year Built

2008

Lot Size

0 ac

About this property

Turnkey commercial leasing opportunity in a highly visible St. Albert Trail location! This space features an open-concept layout, existing service counter, washroom and large storefront windows, offering a flexible footprint for a variety of business concepts. Whether youre looking to establish a retail business, professional service, or other commercial venture, this space offers an opportunity to customize the layout to suit your business needs. Ideally situated along St. Albert Trail, providing excellent exposure in a prominent commercial location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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.

Area demographics

Trade area within 3 miles of the property.

Population

97,520

Households

36,487

Median income

$100,500

Median age

32.7

Daytime population

110,157

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for 70, 585 St. Albert Trail, 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.