




1/6106 Canal Garden, Strathmore, AB T1P1Y4
$14 Yearly
5,000 SF
Asset Class
Specialty
Size
5,000 SF
Building class
B
Zoning
US — Urban Services
$ / SF
$0
Occupancy
99%
Year Built
2027
Lot Size
0.8 ac
BUILD-TO-SUIT COMMERCIAL SPACE FOR LEASE | 2,000–13,200 SQ. FT.Create a space suited to your business with this proposed build-to-suit opportunity in Strathmore. Zoned CH WY – Highway Commercial, the vacant property offers flexible development possibilities, with proposed spaces beginning at 2,000 sq. ft. and a maximum proposed total building area of 13,200 sq. ft.Explore a standalone building or a configuration with multiple commercial units, including the potential for five individual 2,000 sq. ft. bays. Conceptual designs offer options for customer entrances, showroom areas, offices, open workspace and grade-level overhead doors, subject to the approved use and final design.Permitted uses include retail, professional offices, health services and limited contractor services. Materials associated with limited contractor services must be stored indoors. General contractor operations, automotive/equipment repair, self-storage and outdoor storage yards are discretionary uses requiring municipal approval.A fenced gravel storage yard may be considered subject to approval, screening and site requirements. Parking areas must be paved unless exempted by the Town. Final development must satisfy applicable setbacks, landscaping, parking, access and servicing requirements.Building configuration, lease rates, tenant improvements and occupancy timing will be determined through design and lease negotiations. All renderings are conceptual; construction, individual tenant uses and site improvements remain subject to required approvals and an acceptable lease agreement. (id:66811)
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Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
5.10%
DSCR
1.28
Going-in cap
7.07%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 4,930 SF | 2032-10 |
Trade area within 3 miles of the property.
Population
50,883
Households
24,129
Median income
$105,000
Median age
33.4
Daytime population
81,153
5-yr growth
3.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 106 Canal Garden, Strathmore.
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.