1/75013 50 Street, Lacombe
5013 50 Street, Lacombe, AB T4L1X9
$485,000 total
3,550 SF
Asset Class
Specialty
Size
3,550 SF
Building class
B
Zoning
DC2 — Site Specific
$ / SF
$137
Occupancy
83%
Year Built
1913
About this property
INVESTMENT OPPORTUNITY – located in the Downtown Commercial District. Building is approx. 3550 sq. ft. on two levels with an attractive 5 year lease to a National tenant producing approx. $40,000.00+ net income. Lot size is 25’ x 120’ and the tenant has just painted and installed new carpet in the fall of 2025. Nice clean operation. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$27K
Annual cash flow
$-194
Cash-on-cash
-0.13%
DSCR
0.99
Going-in cap
5.50%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Aurora Legal LLP | 1,164 SF | 2030-08 |
| Aurora Legal LLP | 706 SF | 2030-08 |
| Aurora Legal LLP | 428 SF | 2030-08 |
| Aurora Legal LLP | 645 SF | 2030-08 |
Area demographics
Trade area within 3 miles of the property.
Population
86,354
Households
34,812
Median income
$68,500
Median age
40
Daytime population
97,427
5-yr growth
8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 5013 50 Street, Lacombe.
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.