Business For Sale · Retail

Bay #1, 4068 Ogden Road SE, Calgary

Bay #1, 4068 Ogden Road SE, Calgary, AB T2G4P5

Price on request

3,200 SF

Asset Class

Retail

Size

3,200 SF

Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

86%

Year Built

1965

About this property

Newly renovated restaurant space for lease in Calgary’s Alyth/Bonnybrook community. Approximately 3,200 SF rentable space with prominent Ogden Road SE exposure, abundant on-site parking and pylon signage opportunity. The space is ready for your preferred equipment and setup, with an approximately 12-foot commercial hood vent and existing restaurant connections/infrastructure already in place—an excellent opportunity to get operating with minimal build-out.Ideally located with quick access to Deerfoot, Blackfoot, Peigan and Barlow Trails, providing excellent connectivity for customers, employees and deliveries. A planned Green Line LRT station is expected approximately five blocks away, adding future transit accessibility. Zoned I-R (Industrial – Redevelopment/Residential) and situated in the active Alyth/Bonnybrook area, this is an excellent opportunity for a restaurant or food-service concept seeking visibility, accessibility and a well-equipped space at an attractive lease rate. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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
Blue Harbour Design1,218 SF2029-01
Blue Harbour Design675 SF2029-01
Blue Harbour Design400 SF2029-01
Blue Harbour Design475 SF2029-01

Area demographics

Trade area within 3 miles of the property.

Population

112,651

Households

40,965

Median income

$135,000

Median age

34.8

Daytime population

116,851

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for Bay #1, 4068 Ogden Road SE, Calgary.

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.