3,, Spruce Grove
3,, Spruce Grove, AB T7X3A3
Price on request
—
Asset Class
Office
Size
—
Building class
C
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
92%
Year Built
1978
Lot Size
0 ac
About this property
Attractive second floor retail space in a high traffic complex, offering 917 +/- sf. This unit is well situated for retail, specialty shops, or service based businesses seeking strong visibility and accessibility. The open layout makes it easy to adapt to a variety of uses, from displays to customer facing service areas. Located in a busy multi-tenant building with a strong mix of retail, office, and service businesses, tenants benefit from steady foot traffic, ample on site parking, and quick access to Highway 16A. A fantastic opportunity for retailers and service providers to establish themselves in a convenient Spruce Grove location. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$79K
Annual cash flow
$-4K
Cash-on-cash
-0.97%
DSCR
0.95
Going-in cap
5.25%
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
75,809
Households
27,446
Median income
$117,500
Median age
46
Daytime population
86,474
5-yr growth
3.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3,, Spruce Grove.
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.