For Sale · Office

302, 4070 108 Avenue NE, Calgary

302, 4070 108 Avenue NE, Calgary, AB T3N2G2

$749,900 total

2,122 SF

Asset Class

Office

Size

2,122 SF

Building class

C

Zoning

CB2 — Central Business

$ / SF

$353

Occupancy

88%

Year Built

2024

About this property

PRIME SECOND-FLOOR OFFICE CONDO IN THE HIGHLY DESIRABLE JACKSONPORT BUSINESS DISTRICT! An excellent opportunity to establish or expand your business in one of Northeast Calgary’s growing commercial areas. This bright and inviting office space offers a professional business setting in a strategic location, just minutes from Calgary International Airport.Enjoy exceptional accessibility and connectivity, with convenient access to Metis Trail, Country Hills Boulevard, Deerfoot Trail, and Stoney Trail, providing easy connections throughout Calgary and surrounding areas.Ideally positioned near the rapidly developing residential communities of Cityscape, Skyview Ranch, Cornerstone, and Redstone, this location offers excellent exposure to a growing residential population and an expanding business community.Jacksonport is a vibrant and evolving commercial hub surrounded by a diverse mix of established and emerging businesses, including restaurants, cafés, delis, retail shops, jewelry stores, clothing boutiques, and professional services such as accounting firms, law offices, counselling practices, and wellness centres.An ideal location for professional offices, consulting services, accounting, legal, financial, and other office-based businessesDON’T MISS THIS EXCELLENT OPPORTUNITY TO OWN COMMERCIAL OFFICE SPACE IN CALGARY’S GROWING NORTHEAST BUSINESS CORRIDOR! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$750K
Down payment30% · $225K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$40K

Annual cash flow

$-2K

Cash-on-cash

-0.72%

DSCR

0.96

Going-in cap

5.32%

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
Summit Trades Supply803 SF2030-09
Summit Trades Supply459 SF2030-09
Summit Trades Supply400 SF2030-09
Summit Trades Supply400 SF2030-09

Area demographics

Trade area within 3 miles of the property.

Population

95,290

Households

42,499

Median income

$116,500

Median age

35.9

Daytime population

125,587

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for 302, 4070 108 Avenue NE, 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.