For Lease · Industrial

106 Canal Garden, Strathmore

106 Canal Garden, Strathmore, AB T1P1Y4

Price on request

13,200 SF

Asset Class

Industrial

Size

13,200 SF

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

96%

Lot Size

0.8 ac

Clear height

20 ft

Loading docks

3

About this property

GRAVEL STORAGE YARD FOR LEASE – STRATHMOREOutdoor storage yard opportunity at 106 Canal Gardens in Strathmore. A practical option for businesses seeking additional space for equipment, trailers and materials, subject to approval of the proposed use.Fencing can be provided at **$2,000 per month** or **$1,600 per month without fencing**.This listing is for outdoor yard space only; no building is included. Renderings are conceptual. Final yard configuration, fencing and availability will be confirmed through the lease negotiations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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
Cascade Foods Inc.6,184 SF2027-06
Cascade Foods Inc.3,156 SF2027-06
Cascade Foods Inc.3,332 SF2027-06

Area demographics

Trade area within 3 miles of the property.

Population

65,720

Households

29,121

Median income

$132,000

Median age

34

Daytime population

85,661

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 106 Canal Garden, Strathmore.

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.