For Sale · Retail

109, 4911-44 Ave, Stony Plain

109, 4911-44 Ave, Stony Plain, AB T7Z1V5

$299,900 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

93%

Year Built

2017

Lot Size

0 ac

About this property

*Authentic log smoked meats and in house homemade sides all made fresh! *Consistent satisfaction with the quality and flavor of smoked meats such as brisket and pulled pork.* Provides Catering (pick up or delivery)* Praised for their tenderness and rich smoky taste. * Option to order ahead or take out to avoid wait times. * Employee (assistant manager) – will consider remaining subject to negotiations with New Owner. Lease: 10 Years - Excellent Lease TermsRenewal Term: 2 Five Year Renewal termsBase Rent: $25.50 sq.ft plus GST ($2677.50 per month)CAM Costs: $8.00 sq.ft. Includes: Maintenance – Management – Landlord Insurance Landlord’s Property Tax ($4602) paid separately by the Tenant - $3.84 per sq.ftHours: 11:00 a.m. to 7:00 p.m. (id:66811)

Financial sandbox

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Estimate
Purchase price$300K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$17K

Annual cash flow

$-33

Cash-on-cash

-0.04%

DSCR

1.00

Going-in cap

5.53%

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

70,141

Households

25,113

Median income

$116,000

Median age

33

Daytime population

77,260

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 109, 4911-44 Ave, Stony Plain.

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.