For Lease · Specialty

3, 701 McCool Street, Crossfield

3, 701 McCool Street, Crossfield, AB T0M0S0

$12 Monthly

2,406 SF

Asset Class

Specialty

Size

2,406 SF

Building class

C

Zoning

US — Urban Services

$ / SF

$0

Occupancy

87%

Year Built

2004

About this property

Bay 3 available for lease at 701 McCool Street Crossfield 2400 sq ft for $12 per sq ft (escalating over 5 years)plus for common area costs (property tax, fire , exterior lighting) not including power, gas, water, snow removal. Landlord is seeking a long term lease. Full bathroom! This property boasts over 2,400 square feet and the opportunities are endless. Call for further details and break downs. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$12
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

5.70%

DSCR

1.31

Going-in cap

7.25%

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 Group2,098 SF2031-03

Area demographics

Trade area within 3 miles of the property.

Population

68,527

Households

24,557

Median income

$93,000

Median age

43.5

Daytime population

116,211

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for 3, 701 McCool Street, Crossfield.

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.