200, 104 East Lake Boulevard NE, Airdrie

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For Lease · Industrial

200, 104 East Lake Boulevard NE, Airdrie

200, 104 East Lake Boulevard NE, Airdrie, AB T4A2C1

$16,000 Monthly

9,577 SF

Asset Class

Industrial

Size

9,577 SF

Building class

Zoning

IM — Medium Industrial

$ / SF

Occupancy

99%

Year Built

1984

Lot Size

6.74 ac

Clear height

27 ft

Loading docks

About this property

An exceptional opportunity to lease a freestanding industrial building in the heart of East Lake Industrial Park, offering excellent frontage along East Lake Blvd. for maximum visibility and exposure.The building offers approximately 9,577 sq. ft. of space, plus an additional mezzanine area. Features a spacious front lobby and waiting area, private office, two bathrooms and a large lunchroom. There are 8 overhead doors to each bay and are approximately 21' high x 14' wide. Dedicated wash bay, additional office/parts room and a full bathroom with shower. Excellent exposure and convenient industrial location. Lease Rate: $16,000/month, which includes taxes and maintenance charges. A versatile facility well suited for a variety of industrial, commercial, or service-oriented businesses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$16K

Down payment30% · $5K

Interest rate6.25%

Amortization25 years

Occupancy99%

Expense growth2.5%

Monthly debt service

$74

Projected NOI

$936

Annual cash flow

$49

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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	Suite	Area	Rent / SF	Expiry
Prairie Coffee Roasters	320	3,548 SF	$39.97	2030-12
Prairie Coffee Roasters	320	2,210 SF	$39.85	2030-12
Prairie Coffee Roasters	320	3,714 SF	$39.73	2030-12

Area demographics

Trade area within 3 miles of the property.

Population

110,774

Households

52,165

Median income

$125,000

Median age

35.5

Daytime population

114,109

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 200, 104 East Lake Boulevard NE, Airdrie.

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.