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$16.5 Monthly
3,500 SF
Asset Class
Specialty
Size
3,500 SF
Building class
C
Zoning
DC2 — Site Specific
$ / SF
$0
Occupancy
99%
Year Built
1970
Approximately 3,500 sq. ft. of commercial space available for lease in an approximately 12,000 sq. ft. building at 202 12C Street N. Zoned General Commercial, this high visibility location offers excellent street presence, signage opportunities and immediate possession. The open concept layout features approximately 15 ft. ceilings, 220 electrical service, air conditioning and separate meters available for individual units if demised. Build to suit opportunities and leasehold improvements are available, with a tenant improvement allowance negotiable with the landlord.Lease rate is $12.00 per sq. ft., plus estimated triple net costs of $4.50 per sq. ft., including property taxes, insurance and common costs. Ideal for a variety of commercial, retail, service, recreation, wholesale or industrial uses, including training centres, pickleball facilities, contractors, building suppliers, furniture showrooms, appliance retailers and distribution operations. Leasehold improvements to be negotiated. Preferred lease term of 3 to 5 years or longer, with lease to own and a future purchase option also considered. An excellent opportunity to secure versatile commercial space with flexibility to suit your business needs. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
1.53%
DSCR
1.08
Going-in cap
6.00%
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 | 1,680 SF | 2028-05 |
| Meridian Health Group | 871 SF | 2028-05 |
| Meridian Health Group | 444 SF | 2027-05 |
| Meridian Health Group | 481 SF | 2027-05 |
Trade area within 3 miles of the property.
Population
141,234
Households
50,052
Median income
$99,000
Median age
44.2
Daytime population
184,422
5-yr growth
6.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 202 12C Street N, Lethbridge.
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.