For Sale · Retail

5009 - 51 Street, Barrhead

5009 - 51 Street, Barrhead, AB T7N1L1

$399,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

92%

Lot Size

0.11000000000000001 ac

About this property

Quality 4800sq ft Retail/ Commercial building located on high exposure down town street for your business in the stable & growing community of Barrhead, AB. 3 currently separated spaces for additional revenue or expansion opportunity. Excellent 2 sided high exposure frontage along main road & side alley as well as back alley access. Quality, readily available opportunity for your personal business and/ or financial return (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$399K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$23K

Annual cash flow

$673

Cash-on-cash

0.56%

DSCR

1.03

Going-in cap

5.71%

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.

Area demographics

Trade area within 3 miles of the property.

Population

102,278

Households

40,436

Median income

$77,500

Median age

42.5

Daytime population

124,587

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 5009 - 51 Street, Barrhead.

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.