For Lease · Industrial

103, 4632 1 Street SE, Calgary

103, 4632 1 Street SE, Calgary, AB T2G2L3

$16 Yearly

5,057 SF

Asset Class

Industrial

Size

5,057 SF

Building class

C

Zoning

IL — Light Industrial

$ / SF

$0

Occupancy

93%

Year Built

1953

Clear height

32 ft

Loading docks

6

About this property

Excellent opportunity to lease 5057 sqft industrial warehouse space, ideally located with convenient access to major transportation routes and surrounding industrial areas. The property offers a minimum of 200-amp electrical power and flexible space suitable for a variety of warehouse, storage, distribution, and other industrial business operations. Warehouse ceiling height: 15 ft, with 1 drive-in door. The space may also accommodate automotive repair uses, subject to applicable municipal approvals. The lease includes 5 designated parking stalls, with additional parking available if required. The property is currently zoned IB (Industrial–Business), and the landlord is in the process of applying to change the zoning to IG (Industrial–General), which may offer additional flexibility for industrial uses, subject to City of Calgary approval. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$16
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.90%

DSCR

1.05

Going-in cap

5.81%

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
Vector Robotics1,514 SF2028-01
Vector Robotics1,030 SF2028-01
Vector Robotics2,144 SF2028-01

Area demographics

Trade area within 3 miles of the property.

Population

91,015

Households

33,612

Median income

$80,500

Median age

43.5

Daytime population

110,462

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 103, 4632 1 Street SE, 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.