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4730 50 St 5,150 SF 55% Leased Retail Building Red Deer, AB T4N 1X2 $1,100,000 CAD ($213.59 CAD/SF) 7.36% Cap Rate
INVESTMENT HIGHLIGHTS
- High traffic location
- 8 Off Street parking spots available in the rear of the building
- Six HVAC units recently updated
- Public day lot to the east for additional long term Parking, and plenty of short term street parking available
EXECUTIVE SUMMARY
This well-maintained commercial building offers an exceptional opportunity for investors or business owners.
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,150 SF
Building Class
B
Year Built
1954
Price
$1,100,000 CAD
Price Per SF
$213.59 CAD
Cap Rate
7.36%
NOI
$80,938 CAD
Percent Leased
55%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.68
Lot Size
0.17 AC
Zoning
C1 - Commercial District
Parking
31 Spaces (6.02 Spaces per 1,000 SF Leased)
Frontage
62’ on 50 Street
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Available immediately, also for sale!
| Space | Size | Space Use | Position | Available |
| B | 2,300 SF | Office/Retail | - | Now |
B
| Size |
| 2,300 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1 of 16
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
B
| Size | 2,300 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Available immediately, also for sale!
Walk Score®
Walker's Paradise (96)
NEARBY MAJOR RETAILERS
1 of 31
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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4730 50 St
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