For Sale · Retail

1336 and 1340 12 Avenue SW, Calgary

1336 and 1340 12 Avenue SW, Calgary, AB T3C0P5

$564,000 total

1,811 SF

Asset Class

Retail

Size

1,811 SF

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

$311

Occupancy

89%

Year Built

1980

About this property

Prime Beltline Location-High Visibility-Strong Tenant Appeal. Ideally positioned between 12 Ave & 13 St, these two units offer excellent visibility in Calgary’s growing Beltline. Surrounded by new condo and commercial development, it provides strong long-term investment potential and a location which existing tenants appreciate and want to stay. Enjoy easy transit access, Sunalta LRT within walking distance, on-site parking, street parking, and a wide range of restaurants, cafés, retail, liquor stores, and the nearby Design District. Ideal for investors or owner-users. With a CAP rate of 8.5%. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$564K
Down payment30% · $169K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$33K

Annual cash flow

$1K

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
Prairie Coffee Roasters958 SF2028-10
Prairie Coffee Roasters400 SF2028-10
Prairie Coffee Roasters400 SF2028-10

Area demographics

Trade area within 3 miles of the property.

Population

142,862

Households

64,716

Median income

$82,500

Median age

42.2

Daytime population

201,472

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for 1336 and 1340 12 Avenue SW, 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.