For Lease · Industrial

208 Northfield Road, Trochu

208 Northfield Road, Trochu, AB T0M2C0

$490,000 per sq ft / yr

6,000 SF

Asset Class

Industrial

Size

6,000 SF

Building class

B

Zoning

IM — Medium Industrial

$ / SF

$82

Occupancy

96%

Lot Size

0.8170110192837465 ac

Clear height

33 ft

Loading docks

12

About this property

Former Peterson Autobody building; purpose built in 1980 and operated as a full auto body shop and repair facility by the current owners until December 2025. (owners retired) 60 x 100 (6000 Square feet) Metal frame and truss building prefab package, metal clad exterior built slab on grade, located on approx. .78 Acre level lot; fenced with front gate access, gravel yard. Front and side parking for vehicles and staff. Building layout -office and reception area approx. 700 SF; one private office; two open working areas with built in counters; waiting area and two washrooms. Tile flooring, fluorescent tube lighting. Network cat 5 cable , alarm system and video remote system with cameras in place ( not in operation at present) Remaining 5300 SF (+/-) shop area; wide open clear span, 14 feet to underside of metal trusses. underfloor heat, two overhead hydronic heaters, large sump and central drain grate system; one 12 x 12 overhead door and one 14 x 14 overhead door; walls are roll out insulated and covered with metal clad panel( as reported by owners) with added spray on insulation to underside of roof area lighting is fluorescent tube. Mezzanine above the office area with access from the shop has a break room for staff; washroom; shelving for parts and open storage; mezzanine also houses the make up air unit, Compressor and Filtration systems for the shop. Mechanical -Two boilers provide heating to shop, radiant baseboard heaters in office area. 3 phase power, make up air (Model BMA), rotary compressor system,(Kaeser) shop air filtration system (Kaeser), sealed paint booth and controls with venting. The building has been well maintained, all equipment is reported as in working condition. Could easily operate as a turnkey autobody shop or mechanical repair facility with minimal effort. ESA is on order. Property is also available for lease MLS A2342798 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$490K
Down payment30% · $147K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$27K

Annual cash flow

$253

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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 Partners2,278 SF2028-05
Halcyon Wealth Partners3,500 SF2028-05

Area demographics

Trade area within 3 miles of the property.

Population

106,773

Households

49,045

Median income

$75,500

Median age

42.8

Daytime population

181,487

5-yr growth

7.3%

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

Secure deal room

Confidential diligence documents for 208 Northfield Road, Trochu.

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.