For Sale · Office

209, 14101 West Block Dr NW, Edmonton

209, 14101 West Block Dr NW, Edmonton, AB T5N1L8

$1.1M total

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Asset Class

Office

Size

—

Building class

C

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

95%

Year Built

2019

Lot Size

1.6824451331496786 ac

About this property

Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. Set within the desirable Glenora community, this property occupies a prominent corner at 142 Street and Stony Plain Road, delivering outstanding visibility and strong exposure. High-quality construction with contemporary finishes, high ceiling heights and lots of glazing. Commercial office unit is built-out with reception, 7 offices, meeting room, 1 workstation, reception, kitchenette, coffee bar, lounge, and large, 485 SF, private outdoor balcony patio. Unit includes six underground parking stalls with additional underground and surface parking available for visitors. Pedestrian-friendly, transit-oriented site with Valley Line West LRT access nearby. On-site and nearby amenities include health and wellness clinics, personal services and specialty retail and food offerings (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.07M
Down payment30% · $323K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$62K

Annual cash flow

$3K

Cash-on-cash

0.79%

DSCR

1.04

Going-in cap

5.78%

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

113,799

Households

40,871

Median income

$93,000

Median age

45.4

Daytime population

175,158

5-yr growth

2.4%

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

Secure deal room

Confidential diligence documents for 209, 14101 West Block Dr NW, 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.