For Lease · Retail

4841 50 Street, Stettler

4841 50 Street, Stettler, AB T0C2L0

$10 Yearly

1,700 SF

Asset Class

Retail

Size

1,700 SF

Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

$0

Occupancy

92%

Year Built

1968

About this property

Looking for the right space to launch, grow, or expand your business? This versatile, single-story commercial property offers a flexible layout and an excellent opportunity to create a space tailored to your business needs. Located just off a busy main street, the property is surrounded by a mix of professional, service, and retail businesses, making it a great opportunity to establish your business in Stettler’s shopping hub. The welcoming main entrance opens into a spacious reception area featuring high, drop ceiling, bright fluorescent lighting, light wood-look flooring, and a built-in front desk. The glass storefront provides natural light and exterior visibility, creating a bright and inviting first impression for customers and clients. Beyond the reception area are multiple private rooms, offering flexibility for offices, consultation areas, treatment rooms, work space, or other business uses. A tiled utility room includes a laundry sink and convenient access to the shared bathroom. The property is ready for customization, giving you the opportunity to design the space around your specific business requirements. Bring your business vision to life in this conveniently located, versatile space. (id:66811)

Financial sandbox

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Estimate
Purchase price$10
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

12.20%

DSCR

1.66

Going-in cap

9.20%

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 Group677 SF2029-06
Meridian Health Group885 SF2029-06

Area demographics

Trade area within 3 miles of the property.

Population

114,738

Households

54,465

Median income

$69,500

Median age

38

Daytime population

133,310

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 4841 50 Street, Stettler.

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.