1/41 Ballpark Way, Spruce Grove
1 Ballpark Way, Spruce Grove, AB T7X3M2
Price on request
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Asset Class
Retail
Size
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Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
96%
Lot Size
0.62 ac
About this property
2,560+/- SF of commercial space available for lease in Spruce Groves Ballpark District. Located at 1 Ballpark Way, this C2 zoned development offers excellent exposure, convenient access and ample on-site parking. Positioned near the Energy City Ballpark, and surrounded by established commercial tenants, the property is well situated within this growing commercial district. Neighbouring businesses include Tim Hortons, Firehouse Subs, and a physiotherapy clinic, contributing to a complementary mix of food, service and health-related uses in the immediate area. Featuring prominent storefront glazing and exterior signage opportunities, the space is well suited for a variety of commercial users, including medical and health-related services. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$84K
Annual cash flow
$775
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.
Area demographics
Trade area within 3 miles of the property.
Population
66,637
Households
30,092
Median income
$104,000
Median age
32.3
Daytime population
109,229
5-yr growth
5.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1 Ballpark Way, Spruce Grove.
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.