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$10,979 Monthly
5,137 SF
Asset Class
Office
Size
5,137 SF
Building class
A
Zoning
CB2 — Central Business
$ / SF
$2
Occupancy
89%
Year Built
1980
Most office space near downtown Calgary comes in pieces: 600 sq ft here, 2,000 there.Suite 200 at 1638 10 Ave SW is different. It’s the whole second floor, about 5,270 sq ft. It’s already built out with 7 private offices, two open areas for team seating, a curved reception off the elevator, a kitchen, a server room and two storage rooms.Step out the front door and Sunalta LRT Station is right across 10 Avenue. Bow Trail and 14 St SW are minutes away, and parking is on-site.If your team is outgrowing its space, you can move into this one without a build-out. Message me to book a walkthrough. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$51
Projected NOI
$548
Annual cash flow
$-60
Cash-on-cash
-1.82%
DSCR
0.90
Going-in cap
5.00%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 2,100 SF | 2031-12 |
| Vector Robotics | 2,477 SF | 2031-12 |
Trade area within 3 miles of the property.
Population
40,771
Households
18,540
Median income
$73,500
Median age
41.2
Daytime population
52,747
5-yr growth
3.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 200, 1638 10 Avenue SW, Calgary.
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.