For Lease · Specialty

1811 Broadway Avenue E, Redcliff

1811 Broadway Avenue E, Redcliff, AB T0J2P0

$3,000 Monthly

2,240 SF

Asset Class

Specialty

Size

2,240 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$1

Occupancy

99%

Year Built

1981

About this property

Position your business in a highly visible, high traffic location with this professionally refurbished 2,240 sq. ft. office space, offering a functional and versatile layout across two levels. Well suited for a variety of professional, office, or service based businesses, the spac an excellent combination of private offices, collaborative areas, and convenient amenities. The main floor welcomes you with a reception area and features two spacious private offices, a storage room, lunchroom area, and washroom facilities. The upper level provides even more flexibility with two additional large offices, a generous common area ideal for collaborative workspace, meetings, or additional workstations, plus another storage room and additional washroom facilities. With its refreshed interior, adaptable floor plan, and excellent exposure, this is a great opportunity for a business looking for a professional and welcoming space. Lease Rate: $3,000/month + GST, including all utilities. (id:66811)

Financial sandbox

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Estimate
Purchase price$3K
Down payment30% · $900
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$14

Projected NOI

$176

Annual cash flow

$9

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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
Vector Robotics1,490 SF2029-06
Vector Robotics732 SF2029-06

Area demographics

Trade area within 3 miles of the property.

Population

129,043

Households

60,584

Median income

$137,000

Median age

38.5

Daytime population

135,075

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 1811 Broadway Avenue E, Redcliff.

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.