For Lease · Specialty

1507 Centre B Street NW, Calgary

1507 Centre B Street NW, Calgary, AB T2M2R5

$34 Yearly

1,400 SF

Asset Class

Specialty

Size

1,400 SF

Building class

B

Zoning

US — Urban Services

$ / SF

$0

Occupancy

94%

Year Built

1920

Lot Size

0.19348334264096115 ac

About this property

A great opportunity to lease at the heart of Crescent Heights, this prominently located building with outstanding visibility from both Asian Supermarket. Offers 1400 SF of space featuring a reception area, offices, and open area. Just a couple of minutes' drive from Downtown with easy access via TransCanada Highway and Deerfoot Trail. Operating Costs: $25 PSF. Contact listing agent for more details.This 1400 SF commercial space is zoned C-COR2, good for a law firm or accounting office, pet care. Call your agent for more details (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$34
Down payment30% · $10
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$-0

Cash-on-cash

-0.87%

DSCR

0.95

Going-in cap

5.28%

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
Lakeview Physiotherapy1,313 SF2031-07

Area demographics

Trade area within 3 miles of the property.

Population

55,345

Households

20,424

Median income

$74,500

Median age

39.6

Daytime population

75,680

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 1507 Centre B Street NW, Calgary.

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.