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For Lease · Office

64137 Highway 543 E, High River

64137 Highway 543 E, High River, AB T0L0A0

$14 Yearly

8,800 SF

Asset Class

Office

Size

8,800 SF

Building class

A

Zoning

DC1 — Direct Control

$ / SF

$0

Occupancy

96%

Year Built

2006

About this property

8,800 square feet of high quality office space for lease in a convenient and unique western environment at the High River Rodeo Grounds. This second floor space is finished with private offices plus open space. but could be modified for a variety of possible uses. The building was constructed in 2006 and is air conditioned, has an elevator, staff kitchen, a large rooftop deck, and lots of paved parking. It is conveniently located just off Hwy 2 and Hwy 2A, and is close to Okotoks, High River and only 25 minutes South of Calgary. Asking $14.00/ sq ft including all operating costs and all utilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

4.39%

DSCR

1.24

Going-in cap

6.86%

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.3,054 SF2030-10
Cascade Foods Inc.1,957 SF2030-10
Cascade Foods Inc.1,230 SF2029-10
Cascade Foods Inc.2,198 SF2029-10

Area demographics

Trade area within 3 miles of the property.

Population

99,780

Households

40,705

Median income

$120,500

Median age

36.9

Daytime population

136,837

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 64137 Highway 543 E, High River.

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.