1/21C, 4008 Landry Avenue, Rural Red Deer County
C, 4008 Landry Avenue, Rural Red Deer County, AB T4S2B3
Price on request
2,240 SF
Asset Class
Industrial
Size
2,240 SF
Building class
B
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
84%
Year Built
1980
Lot Size
3.3 ac
Clear height
33 ft
Loading docks
11
About this property
AFFORDABLE INDUSTRIAL SHOP WITH ASSIGNED YARD SPACE! Excellent opportunity for trucking, mechanical, contractor, service, or industrial users looking for functional and affordable shop space. Bay C offers approximately 2,240 SQ FT within a 17,500 SQ FT, 5-bay industrial building situated on approximately 3.3 acres. The bay features a large rear 14'W x 16'H overhead door providing excellent access for trucks and equipment, a 200 AMP electrical service Panel, radiant overhead shop heat, and a great front office/customer area. An undeveloped mezzanine provides additional potential for future office or storage space. The combination of shop and yard makes this property well suited for heavy truck parking, mechanic or service operations, equipment storage, contractors, and a variety of industrial uses. Operating costs are estimated at $4.00/PSF NNN, with total asking rent of approximately $2,426.66/month + GST. A practical, cost-effective industrial bay with the space and access needed to get to work! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$68K
Annual cash flow
$-15K
Cash-on-cash
-3.26%
DSCR
0.82
Going-in cap
4.56%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 1,891 SF | 2032-10 |
Area demographics
Trade area within 3 miles of the property.
Population
82,247
Households
37,663
Median income
$108,500
Median age
33.8
Daytime population
107,218
5-yr growth
2.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for C, 4008 Landry Avenue, Rural Red Deer County.
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.