For Lease · Specialty

90 Slater Road, Strathmore

90 Slater Road, Strathmore, AB T1P0H3

$20 Yearly

18,326 SF

Asset Class

Specialty

Size

18,326 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

85%

Year Built

2006

About this property

Original Owner, Well Maintained. Light Industrial Site. 18,300+ sq ft Light Industrial — 2 Buildings , Building A 4 Bays, Building B 3 Bays, 7 individual Bays , 14 Over Head Doors Front to Back Drive-Thru Bays + Yard Space. Fenced and Secure. Immediate Possession. Unlimited usages, $20.00 per square foot. Per Annum Basic Rent. Utilities. Not Included. Your operation will thrive in Strathmore’s Spruce Park, Light Industrial. Perfect for manufacturing, transportation ,contractors, equipment dealerships, service providers, fleet management, fabrication, distribution, logistics and shop-based businesses needing flexible, high-function space.Grow, scale, and operate with confidence in a community built for business. Growing Rapid Population. Enjoy the easy access in and out of the property. Storage and Parking Outdoor Yard is fenced and secure.Strategic Industrial Lease Opportunity — 18,327 sq ft, Spruce Park, 2 Buildings . Building A 9203 square feet with upper floor , total of 4 offices, 2 storage rooms. staff area with kitchen, 4 washrooms, print and file rooms. Utility/Laundry. Building B is 9123 square feet .Light Industrial Strathmore AB. Located minutes from Highway 1, this property offers drive-thru bays, secure yard, and immediate occupancy.Strathmore continues to attract regional investment with strong workforce availability, transportation access, and pro-business municipal support.A rare chance to position your enterprise in a growth corridor with long-term upside. Strathmore, AB — U nlimited Business Potential. Move in. Scale up. Grow your Business and WealthLEASE SPACE TOTAL 18,000 SQ FT — 2 Buildings +YARD STRATHMORE Light INDUSTRIAL Zoned Subdivison.Bring Your Enterprise, Business to Strathmore, ABInvestors take Note.Municipal economic development is PRIME in Strathmore, AB and County of WheatlandCommercial listing, Light Industrial Park. Opportunities to Lease as our Community continues to Thrive! New Employment Opportunity and Service Provider Demands for Substantial Employers now Operating in our Community. De Havilland Aircraft of Canada Limited. CGC Inc. Drywall Plant. Phyto Organics. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.30%

DSCR

0.77

Going-in cap

4.25%

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
Cascade Foods Inc.8,652 SF2031-02
Cascade Foods Inc.6,870 SF2031-02

Area demographics

Trade area within 3 miles of the property.

Population

68,973

Households

24,655

Median income

$115,500

Median age

35.7

Daytime population

64,105

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for 90 Slater Road, Strathmore.

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.