For Lease · Specialty

2 4260 5th AVENUE E, Prince Albert

2 4260 5th AVENUE E, Prince Albert, SK S6W0A5

$9 per sq ft / yr

2,013 SF

Asset Class

Specialty

Size

2,013 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

86%

Year Built

2014

About this property

Premium turn key lease space in a highly desirable South Industrial area. This 2,013 sqft bay is M3 zoned and offers excellent functionality and flexibility for a wide range of businesses. The space features a bright and open shop area, one office and a bathroom. Built for performance, the shop includes heavy duty concrete flooring with a drain, 3 phase power and a natural gas overhead heater. A 12 ft overhead door provides easy access for equipment and vehicles. A fenced storage compound is available at an additional $200/month and convenient on site parking add even more value to this exceptional property. This is a prime opportunity for trades, service based businesses or light industrial users seeking a professional and versatile space in a top tier location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$9
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

13.38%

DSCR

1.72

Going-in cap

9.56%

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
Aurora Legal LLP1,166 SF2029-02
Aurora Legal LLP566 SF2029-02

Area demographics

Trade area within 3 miles of the property.

Population

132,252

Households

57,986

Median income

$108,500

Median age

34.2

Daytime population

147,070

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 2 4260 5th AVENUE E, Prince Albert.

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.