For Lease · Retail

6710 4 Street NE, Calgary

6710 4 Street NE, Calgary, AB T2K6H2

$21 Yearly

6,362 SF

Asset Class

Retail

Size

6,362 SF

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

$0

Occupancy

92%

Year Built

1984

About this property

6,362 SF END-CAP SUBLEASE at Hunterhorn Plaza, a well-established, grocery-anchored shopping centre with excellent exposure and strong daily traffic. Ideally positioned within a busy retail node anchored by No Frills and featuring a new Starbucks drive-thru, this highly visible location offers excellent accessibility, ample on-site parking and strong surrounding residential density. The property is conveniently located directly across from a school, providing additional daytime traffic and exposure.The end-cap unit is currently configured and operated as a grocery store, offering a functional layout and an opportunity for a variety of retail, food, service or other permitted commercial uses, subject to landlord approval and applicable zoning. BUSINESS IS NOT FOR SALE. This offering is for the premises only.Please DO NOT DISTURB STAFF or approach employees with questions regarding the sublease. All inquiries, showings and information requests must be directed through the listing representative. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$21
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.87%

DSCR

0.79

Going-in cap

4.38%

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
Prairie Coffee Roasters2,707 SF2030-04
Prairie Coffee Roasters1,459 SF2030-03
Prairie Coffee Roasters784 SF2030-04
Prairie Coffee Roasters897 SF2030-04

Area demographics

Trade area within 3 miles of the property.

Population

79,347

Households

31,915

Median income

$66,500

Median age

38.1

Daytime population

110,018

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 6710 4 Street NE, Calgary.

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.