For Sale · Industrial

12008 149 Street NW, Edmonton

12008 149 Street NW, Edmonton, AB T5L2J2

Price on request

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

82%

Year Built

1998

Lot Size

0 ac

Clear height

25 ft

Loading docks

6

About this property

1,996 SF street-front commercial / light industrial bay at the BOMA-certified Coppertone VII Building on 149 Street NW, just north of 118 Avenue in Northwest Edmonton. The unit has a finished retail sales area with epoxy floors, a separate admin office, and a 24 ft warehouse with a rear overhead door, giving a tenant storefront, office and shop space in one unit.Zoned Business Employment (BE). Suits showroom, trade supply, contractor, e-commerce and distribution, service, and light manufacturing users.Highlights: high-exposure frontage on busy 149 Street with signage on the 149 Street pylon; ample free on-site parking; fully sprinklered; upgraded LED lighting; 208V, 3-phase power; HVAC with gas-fired radiant tube heating in the warehouse; quick access to Yellowhead Trail, Anthony Henday Drive and Downtown. The complex totals 48,776 SF on 2.82 acres.Available March 2027. Base Rent $14.50 PSF - Additional Rent $8.82 PSF (2027 Est.) - Total approx. $3,879/month + GST. (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

102,919

Households

45,997

Median income

$98,500

Median age

31.9

Daytime population

110,939

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for 12008 149 Street NW, 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.