












1/1410014 100 Ave, La Crete, AB T0H2H0
$7,500 Monthly
7,000 SF
Asset Class
Retail
Size
7,000 SF
Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
$1
Occupancy
90%
Year Built
1975
PRIME DOWNTOWN COMMERCIAL SPACE FOR LEASE! Take advantage of approximately 7,000 sq. ft. of versatile commercial space situated on a 0.4-acre property in the heart of downtown La Crete. Previously used as retail space, this building offers excellent frontage, high visibility, and plenty of traffic, with some of La Crete's main restaurants and businesses located right next door. Inside, the building offers a great combination of retail, warehouse, and office space, along with washrooms and plenty of room to configure the property around your business needs. Street and parking lot parking are available, providing convenient access for customers and staff. The size and flexible layout make this an excellent option for a clothing store, furniture showroom, retail outlet, specialty store, showroom/warehouse operation, or a wide variety of other commercial uses. Available immediately at $7,500/month plus NNN expenses.WHY LA CRETE? La Crete is a growing northern Alberta community of over 4,000 people with a surrounding trade area of approximately 9,000. A strong local economy built around agriculture, forestry, trucking, construction, trades, and locally owned businesses draws customers and workers from throughout the surrounding region. With a strong entrepreneurial and family-oriented community, La Crete is an excellent place to establish, expand, or relocate your business. Move your business to La Crete and become part of a strong and growing community! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$35
Projected NOI
$381
Annual cash flow
$-35
Cash-on-cash
-1.54%
DSCR
0.92
Going-in cap
5.08%
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 |
|---|---|---|
| Cascade Foods Inc. | 3,915 SF | 2034-05 |
| Cascade Foods Inc. | 1,470 SF | 2034-05 |
| Cascade Foods Inc. | 560 SF | 2034-05 |
| Cascade Foods Inc. | 400 SF | 2034-05 |
Trade area within 3 miles of the property.
Population
105,232
Households
43,184
Median income
$96,500
Median age
33.4
Daytime population
117,825
5-yr growth
2.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 10014 100 Ave, La Crete.
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.