Drayton Valley, AB T7A1A1
Price on request
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Asset Class
Industrial
Size
—
Building class
B
Zoning
IL — Light Industrial
$ / SF
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Occupancy
89%
Lot Size
0.72 ac
Clear height
21 ft
Loading docks
13
This property is zoned C-BUS Commercial, Business in Drayton Valley with quick access to 50th Ave. and HWY 22. The main floor of building measures 2856 square feet, and the parcel is 0.72 acres. Half the lot is fenced at this time. This steel frame building is very functional with a 14 foot overhead door and a 16 foot overhead door. The building has a reception area out front, along with a kitchen, 2 piece bath with an additional room upstairs with another bathroom. Asking for a NNN lease with a basic rent of $3500+GST. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$75K
Annual cash flow
$-8K
Cash-on-cash
-1.83%
DSCR
0.90
Going-in cap
4.99%
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.
Trade area within 3 miles of the property.
Population
62,079
Households
25,068
Median income
$132,000
Median age
35.7
Daytime population
104,421
5-yr growth
4.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Drayton Valley.
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.