For Lease · Office

3A,, Edmonton

3A,, Edmonton, AB T5H0W2

Price on request

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Asset Class

Office

Size

—

Building class

B

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

82%

Year Built

1973

Lot Size

0 ac

About this property

Presenting this leasing opportunity in Central Mcdougall in a high exposure location off 107 Ave and 105 St. This 2950 square foot space is well designed offering 3 offices, boardrooms, open workspaces, kitchenette, and bathrooms. Beautifully renovated and demising option available to provide versatility to multiple tenant or business needs. All utilities included in rent. Third floor unit and Located along the LRT route. Air-conditioning and Off street parking with designated parking stalls available in rear of building. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

101,162

Households

43,871

Median income

$130,000

Median age

40.4

Daytime population

120,701

5-yr growth

3.2%

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

Secure deal room

Confidential diligence documents for 3A,, 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.