101 Government Rd - Retail FOR SALE


Hinton, AB T7V 2A6
$899,000 CAD
587-416-5898
101 Government Rd, Hinton, AB for Sale
$899,000 CAD
Retail - FOR SALE
1/1
null | Request Cap Rate

101 Government Rd
Hinton, AB T7V 2A6


HIGHLIGHTS

  • Extremely attractive price per square foot
  • Hands on Owner / Investor best to maximize performance of the Property
  • Solid building construction - recent Roof upgrades

OVERVIEW

NOTE: Great Opportunity for Hands-on Owner /Investor!!! Currently building 31% Leased to 2 Tenants on Gross Leases at $10. There is no cohesive Leasing program in place!! Lease up of building stabilized at $7.50/ sq. ft. (fully net leases)while factoring 5% vacancy & 2% structural reserves gives estimated NOI of 110,000. Purchase of the Property at $899,000 plus base building and TIA Costs (estimated) @ 10/ s.f. or $150,000 - plus Leasing, Legal & General costs gives total investment $1,1,00,0000. End Cap Rate estimated at 10% minimum Please see attached Brochure

FOR SALE DETAILS

PRICE

$899,000 CAD

PRICE/SF

$53 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

HINTON COMMERCIAL - INVESTOR / OWNER

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,074 SF

ZONING

C-NOD

APN/PARCEL ID

LOTS 1 & R; Block 1; Plan 1791 KS

ASK ABOUT THIS PROPERTY

Phil StephenNorth American Realty Corp.More Info
587-416-5898

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Phil StephenNorth American Realty Corp.More Info
587-416-5898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.