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For Lease · Retail

905 11 Avenue SE, High River

905 11 Avenue SE, High River, AB T1V1P2

$22 Yearly

9,376 SF

Asset Class

Retail

Size

9,376 SF

Building class

Zoning

CNC — Neighbourhood Commercial

$ / SF

Occupancy

89%

Year Built

1981

Lot Size

1.4100067706814667 ac

About this property

Available in High River, just 20 minutes south of Calgary, this former auto dealership offers nearly 9,400 square feet on a fenced 1.41-acre parcel. Ready for its next use, the property could accommodate an auto body shop, mechanical services, or a range of other businesses. Located on 12 Avenue South, also known as Highway 2A, it benefits from nearly 9,150 vehicles passing daily, with traffic continuing to grow. High River consistently ranks among Canada’s top 20 communities with populations under 20,000 for livability, quality of life, and retirement. With so much to offer, opportunities like this rarely come to market. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$22

Down payment30% · $7

Interest rate6.25%

Amortization25 years

Occupancy89%

Expense growth2.5%

Monthly debt service

Projected NOI

Annual cash flow

$-0

Cash-on-cash

-4.99%

DSCR

0.73

Going-in cap

4.05%

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	Suite	Area	Rent / SF	Expiry
Cascade Foods Inc.	310	3,536 SF	$40.87	2032-05
Aurora Legal LLP	310	2,033 SF	$40.75	2032-05
Aurora Legal LLP	310	1,173 SF	$40.63	2032-05
Aurora Legal LLP	310	1,621 SF	$40.50	2032-05

Area demographics

Trade area within 3 miles of the property.

Population

65,724

Households

29,411

Median income

$73,500

Median age

37.6

Daytime population

78,306

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 905 11 Avenue SE, High River.

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.