1/4103 3rd Avenue SW, High River
103 3rd Avenue SW, High River, AB T1V1R3
$3,103.33 Monthly
18,200 SF
Asset Class
Specialty
Size
18,200 SF
Building class
A
Zoning
US — Urban Services
$ / SF
$0
Occupancy
85%
Year Built
1988
About this property
This medical focused office/retail building is ideal for an optometrist office, specialist, or other business seeking a high traffic location with great retail exposure in downtown High River. The building features updated washrooms, flooring paint, lighting, and has ample parking around the building for customers. With over 1900 square feet of space which is currently set up as a showroom you can easily adapt the space to suit your individual business needs. High river is a strong rural hub for the surrounding area with a large population that comes in for all their medical and shopping needs. Complimentary tenants include: dentist, medical office, physio/chiro, hair salon, pharmacy, sewing shop. Contact your favorite agent regarding this space to arrange a viewing today. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$14
Projected NOI
$144
Annual cash flow
$-28
Cash-on-cash
-2.99%
DSCR
0.84
Going-in cap
4.64%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Summit Trades Supply | 15,470 SF | 2027-09 |
Area demographics
Trade area within 3 miles of the property.
Population
131,577
Households
46,195
Median income
$83,000
Median age
41.7
Daytime population
208,228
5-yr growth
4.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 103 3rd Avenue SW, High River.
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.