For Lease · Industrial

18 Sylvaire Close, Sylvan Lake

18 Sylvaire Close, Sylvan Lake, AB T4S2H6

$6,600 Monthly

5,000 SF

Asset Class

Industrial

Size

5,000 SF

Building class

B

Zoning

IB — Industrial Business

$ / SF

$1

Occupancy

98%

Year Built

2001

Lot Size

1.73 ac

Clear height

34 ft

Loading docks

3

About this property

Welcome to an opportunity to lease this 5,000 SF commercial property! Located in a prime location just off HWY 20 and HWY 11A, your business will be positioned in Sylvan Lake’s prime industrial zone. The 5,000 SF property includes main and upper level office spaces, kitchenettes and additional flex use space. Overhead doors supports material handling and other industrial uses. Yard space limited, Offices being renovated. $6,600.00 flat rate NNN included. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$7K
Down payment30% · $2K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$30

Projected NOI

$380

Annual cash flow

$15

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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
Halcyon Wealth Partners3,186 SF2029-11
Halcyon Wealth Partners1,734 SF2029-11

Area demographics

Trade area within 3 miles of the property.

Population

66,050

Households

23,119

Median income

$91,500

Median age

45.5

Daytime population

65,821

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 18 Sylvaire Close, Sylvan Lake.

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.