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For Lease · Specialty

1040, 6708 48 Avenue, Camrose

1040, 6708 48 Avenue, Camrose, AB T4V4S3

$18.5 Yearly

2,390 SF

Asset Class

Specialty

Size

2,390 SF

Building class

B

Zoning

US — Urban Services

$ / SF

$0

Occupancy

88%

Year Built

2005

Lot Size

1.0279574781435483 ac

About this property

MAIN FLOOR COMMERCIAL SPACE! Located along one of Camrose’s busiest arterial roads, this space offer unmatched visibility, easy access, and an established mix of medical and service-based tenants already drawing consistent foot traffic. Ground floor unit (2,390 sq ft) offers a rare street-level opportunity with maximum visibility. Inviting layout suitable for any kind of retail business, medical and wellness clinics, physiotherapy, chiropractic, dental, or any other customer-facing professional service. Generous storefront windows bring in natural light and create strong visual presence for branding and signage. Facility bathrooms on each floor. Designated parking spaces also available. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$19
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.61%

DSCR

0.86

Going-in cap

4.76%

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
Vector Robotics643 SF2029-01
Vector Robotics1,453 SF2029-01

Area demographics

Trade area within 3 miles of the property.

Population

108,592

Households

49,017

Median income

$68,000

Median age

36.5

Daytime population

122,621

5-yr growth

6.2%

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

Secure deal room

Confidential diligence documents for 1040, 6708 48 Avenue, Camrose.

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.