Unknown
Unknown, ON
$389,900 total
3,500 SF
Asset Class
Specialty
Size
3,500 SF
Building class
C
Zoning
DC2 — Site Specific
$ / SF
$111
Occupancy
91%
Year Built
1980
About this property
We brought you to a well-established business with over 20 years of successful operation in South Calgary. Shop is CERTIFIED for OUT OF PROVINCE, SALVAGE and ALL MECHANICAL INSPECTIONS. The current owner is planning to move on to his other interests and is looking to pass on this strong, income-generating business to a new owner who can continue its legacy and future growth. MONTHLY RENT IS $7000, MONTHLY revenue approx $70,000. This long-standing business has grown from an ordinary automotive shop into a full service automotive repair facility. It's 3500 +/- sq. ft. shop which features 4 fully equipped service bays with WHEEL ALIGNMENT & FRAME MACHINE . It is located in a highly visible, high-traffic area. They offer full services and Tire shop such as Out-of-Province, Insurance & SALVAGE inspections, custom exhaust work, brakes, oil changes, wheel alignments, suspension repairs, tires, transmission flushes, and batteries. The business is fully equipped and staffed by experienced technicians. It benefits from an established customer base and a strong reputation in the community. Efficient operating systems are already in place, making this a turnkey opportunity. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$28K
Annual cash flow
$6K
Cash-on-cash
5.46%
DSCR
1.30
Going-in cap
7.18%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Prairie Coffee Roasters | 3,185 SF | 2028-10 |
Area demographics
Trade area within 3 miles of the property.
Population
93,632
Households
44,104
Median income
$91,500
Median age
32.7
Daytime population
150,990
5-yr growth
4.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Unknown.
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.