HINTON COMMERCIAL - INVESTOR / OWNER | 101 Government Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
HINTON COMMERCIAL - INVESTOR / OWNER 101 Government Rd
16,816 SF 100% Leased Retail Building Hinton, AB T7V 2A6 $622,693 USD ($37 USD/SF)
Investment Highlights
- Extremely attractive price per square foot
- Solid building construction - recent Roof upgrades
- Hands on Owner / Investor best to maximize performance of the Property
Executive Summary
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
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
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
16,816 SF
Year Built/Renovated
1977/2018
Price
$622,693 USD
Price Per SF
$37 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.76
Lot Size
0.51 AC
Zoning
C-NOD - Urban Nod Commercial District
Uses: Retail; Medical; Personal Service; Offices; Liquor; Grocery; Day Care; Veterinarian (See Brochure)
Frontage
200 FT on Government Road
Amenities
- Corner Lot
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Chylin Safety
- Administrative and Support Services
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Chylin Safety | Administrative and Support Services | - | - | - |
Nearby Major Retailers
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
North American Realty Corp.
HINTON COMMERCIAL - INVESTOR / OWNER | 101 Government Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.