Business For Sale · Office

102 Mirond ROAD, Martensville

102 Mirond ROAD, Martensville, SK S0K0A2

Price on request

1,533 SF

Asset Class

Office

Size

1,533 SF

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

99%

Year Built

2026

About this property

For the 1st time, Commercial space available for lease in Martensville's Lake Vista!!! 2540 sq ft, main floor, backing the pond, open parking lot, highway/road way visibility and a shared rooftop patio!! This space is ideal for retail, office use or anything in the medical field and this amazing building already has an Anchor tenant on the 2nd floor. (Lake Vista Dental). Eye catching building, great location, high traffic area, and close to schools. Don't miss out on this opportunity to grow you business in the booming City of Martensville! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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
Meridian Health Group582 SF2033-07
Meridian Health Group400 SF2033-07
Meridian Health Group400 SF2033-07
Meridian Health Group400 SF2033-07

Area demographics

Trade area within 3 miles of the property.

Population

62,007

Households

28,134

Median income

$114,500

Median age

45.6

Daytime population

102,149

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for 102 Mirond ROAD, Martensville.

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.