For Sale · Industrial

Drayton Valley

Drayton Valley, AB T7A1A1

Price on request

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Asset Class

Industrial

Size

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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

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for Drayton Valley.

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.