Business For Sale · Office

1245, 3730 108 Avenue NE, Calgary

1245, 3730 108 Avenue NE, Calgary, AB T3N1V9

$329,900 total

533 SF

Asset Class

Office

Size

533 SF

Building class

B

Zoning

CO — Commercial Office

$ / SF

$619

Occupancy

87%

Year Built

2018

About this property

!!! PRIDE OF OWNERSHIP !!! Exceptional opportunity to own a premium second floor commercial office unit in one of Northeast Calgary's established business districts. Situated on a highly visible corner of the building with direct exposure to 36 Street NE, this professionally finished office space features expansive windows on multiple sides, filling the unit with an abundance of natural light while offering impressive panoramic views of the Calgary International Airport runway and the Rocky Mountains. The interior is beautifully appointed with high-end custom built-in millwork throughout, creating a sophisticated and functional workspace that is well suited for a wide range of professional, medical, administrative, or corporate office users. The unit features its own private washroom and includes 3 spacious offices. Security cameras are installed in the premises for added safety. One office is currently rented for $699 per month, while the owner occupies the remaining two offices. This is an ideal opportunity to establish your business in a prestigious, high profile location that reflects professionalism and creates a lasting impression on clients while providing an office you can truly take pride in. Whether you're looking for a prestigious location to operate your business or a quality commercial investment, this unit offers exceptional appeal, outstanding visibility, and a professional setting in a sought-after commercial development. Located with convenient access to Deerfoot Trail, Stoney Trail, Metis Trail, and Calgary International Airport, the property provides excellent accessibility for clients and employees alike. Surrounded by established commercial, retail, and industrial businesses, this is an outstanding opportunity to own a quality office space in one of Calgary's strongest and fastest-growing employment corridors. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$330K
Down payment30% · $99K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$17K

Annual cash flow

$-1K

Cash-on-cash

-1.24%

DSCR

0.93

Going-in cap

5.17%

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
Meridian Health Group400 SF2029-09
Meridian Health Group400 SF2030-09
Meridian Health Group400 SF2030-09

Area demographics

Trade area within 3 miles of the property.

Population

141,536

Households

58,959

Median income

$134,500

Median age

38.8

Daytime population

142,922

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 1245, 3730 108 Avenue NE, 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.