For Sale · Industrial

4644 - 99 Street, Edmonton

4644 - 99 Street, Edmonton, AB T6E5H5

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

86%

Year Built

1977

Lot Size

0 ac

Clear height

26 ft

Loading docks

4

About this property

• Main floor office/warehouse space with the ability to accommodate a wide variety of users• Currently set up as a dance studio, this space works for a variety of users• Building has exposure to 99 Street, with easy access to the Whitemud, 51 Avenue, Highway 2, Gateway Blvd and Calgary Trail• High parking ratio (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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.

Area demographics

Trade area within 3 miles of the property.

Population

67,434

Households

32,004

Median income

$69,500

Median age

43.5

Daytime population

92,173

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 4644 - 99 Street, Edmonton.

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.