3170R, 5850 88 Avenue NE, Calgary
3170R, 5850 88 Avenue NE, Calgary, AB T3J0Z7
$120,000 total
580 SF
Asset Class
Specialty
Size
580 SF
Building class
A
Zoning
US — Urban Services
$ / SF
$207
Occupancy
89%
Year Built
2019
About this property
Excellent opportunity to acquire a fully built-out, turnkey cannabis retail store located in the highly sought-after Savanna Bazaar, one of NE Calgary’s busiest retail plazas. Situated in the heart of the thriving Savanna community, this prime retail location benefits from excellent exposure, strong surrounding residential density, and consistent customer traffic. The premises feature an existing cannabis retail layout, offering an ideal opportunity for an entrepreneur or established operator looking to expand their presence in Calgary’s growing market. Surrounded by a vibrant mix of retail businesses, restaurants, and essential services, this location provides excellent accessibility and convenience for customers. An exceptional opportunity to establish or expand your cannabis retail business in a high-demand commercial plaza. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$554
Projected NOI
$7K
Annual cash flow
$830
Cash-on-cash
2.31%
DSCR
1.12
Going-in cap
6.23%
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 | 400 SF | 2029-07 |
| Aurora Legal LLP | 400 SF | 2029-07 |
| Aurora Legal LLP | 400 SF | 2029-07 |
Area demographics
Trade area within 3 miles of the property.
Population
134,794
Households
64,080
Median income
$132,500
Median age
35.8
Daytime population
227,877
5-yr growth
0.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3170R, 5850 88 Avenue NE, Calgary.
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.