1, 1204 - 5 Street, Nisku
For Lease · Industrial

1, 1204 - 5 Street, Nisku

1, 1204 - 5 Street, Nisku, AB T9E8B6

Price on request

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

87%

Year Built

2012

Lot Size

0 ac

Clear height

33 ft

Loading docks

9

About this property

• 2,500 sq.ft.± office industrial available for lease• 14’x16’ grade loading door• Small storage area available in yard• IND industrial zoning• Easy access to high load corridor, Highway 625, and QEII Highway (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

73,223

Households

26,569

Median income

$73,000

Median age

40.4

Daytime population

95,061

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 1, 1204 - 5 Street, Nisku.

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.