For Lease · Specialty

3020, 6708 48 Avenue, Camrose

3020, 6708 48 Avenue, Camrose, AB T4V4S3

$18.5 Yearly

2,700 SF

Asset Class

Specialty

Size

2,700 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

88%

Year Built

2005

Lot Size

1.0279574781435483 ac

About this property

THIRD FLOOR OFFICE SPACE! Great view of the west end of Camrose. Combination of large and bright offices, communal workspaces, board room, & storage - ideal for a thriving professional business. Private and quiet setting well-suited for client appointments or office workflows. Flexible floorplan to accommodate multiple treatment rooms or workstations. Accessible via interior common areas by way of elevator or stairs. Designated parking spaces available as well. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.61%

DSCR

0.86

Going-in cap

4.76%

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
Lakeview Physiotherapy1,497 SF2033-09
Lakeview Physiotherapy555 SF2033-09
Lakeview Physiotherapy400 SF2033-09

Area demographics

Trade area within 3 miles of the property.

Population

75,904

Households

35,305

Median income

$124,500

Median age

36.9

Daytime population

111,650

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 3020, 6708 48 Avenue, Camrose.

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.