For Sale · Industrial

103, 541 Kingsview Way SE, Airdrie

103, 541 Kingsview Way SE, Airdrie, AB T4A0C9

$699,900 total

2,400 SF

Asset Class

Industrial

Size

2,400 SF

Building class

B

Zoning

IL — Light Industrial

$ / SF

$292

Occupancy

99%

Year Built

2007

Lot Size

0.055228003933914194 ac

Clear height

34 ft

Loading docks

14

About this property

Wow! Fantastic opportunity to secure a newer premier space less than 10 minutes from Calgary, just off Highway 2. Features a drive-in 14-foot door at the rear, a spacious warehouse with 18-foot ceilings, 1,920 sq ft on the main level, and a 620 sq ft fully finished mezzanine with additional office space. Close to retail shops with plenty of parking. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$700K
Down payment30% · $210K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$43K

Annual cash flow

$4K

Cash-on-cash

1.95%

DSCR

1.11

Going-in cap

6.13%

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
Halcyon Wealth Partners2,369 SF2030-05

Area demographics

Trade area within 3 miles of the property.

Population

136,160

Households

52,931

Median income

$102,500

Median age

44.7

Daytime population

136,910

5-yr growth

9.4%

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

Secure deal room

Confidential diligence documents for 103, 541 Kingsview Way SE, Airdrie.

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.