For Lease · Industrial

4919 99 Street, Edmonton

4919 99 Street, Edmonton, AB T6E4Y1

Price on request

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

83%

Year Built

1971

Lot Size

0 ac

Clear height

24 ft

Loading docks

5

About this property

Take advantage of being positioned along a major arterial road, 99 Street, that links the south of Edmonton to Downtown and provides ample exposure to over 28,000 vehicles per day. The available spaces feature a practical mixture of showroom, office and warehouse spaces with grade loading and is zoned as Industrial Business (IB), allowing for a wide range of uses. +/-2,400 SF high exposure bay for lease. Well-maintained property with excellent visibility and signage. Ample front and rear parking on site. Positioned along 99 Street, the property allows for easy access to other major arterial roads such as Gateway Boulevard, Calgary Trail and Whitemud Drive.Other Property Types: Industrial,RetailSubject Space Width: 20Ownership Interest: PrivateSeller Rights: NoAppointment Name: Conrad LangierAppointment Phone: 587-416-5770Lease Operating Costs Included: see remarks (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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.

Area demographics

Trade area within 3 miles of the property.

Population

81,669

Households

32,013

Median income

$124,500

Median age

36

Daytime population

81,759

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 4919 99 Street, Edmonton.

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.