4303 - 11th Street NE - Altus InSite

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FOR

SALE

INDUSTRIAL FREESTANDING BUILDING

4303 - 11th Street NE Calgary, Alberta

15,018sf on 1.53 ac.

PROPERTY INFORMATION

N

TOTAL BUILDING SIZE:

15,018 square feet

LEASED TO STORAGE TENANT:

5,957 square feet

AVAILABLE TO OCCUPY: Office/Lunchroom: 2,475 square feet

Subject Property



Main Shop: Welding Shop: TOTAL:

PURCHASE PRICE:

$3,600,000 ($239 per sq.ft.)

PROPERTY TAX:

$38,898.52 (for 2015)

COMMENTS:

- Tenant storage income of $120,000 per annum ($20 per sq.ft.); - Heavy crane service facility; - Pre-engineered steel structure; - Make-up air; Radiant heat; - Compressed Air lines throughout; and - Hard piped for oxy-acetalene.



LOCAL EXPERTISE

MATTERS

FOR MORE INFORMATION OR TO VIEW, PLEASE CONTACT:

Casey Stuart • [email protected] • c: 403-828-8669 Jon C. Mook • [email protected] • c: 403-616-5239 117, 4950 106 Avenue SE, Calgary, Alberta T2C 5E9

6,586 square feet 629 square feet 9,061 square feet

LEASED

LEASED

LEASED

AVAILABLE:

Immediately

DISTRICT:

McCall

ZONING:

I-G (Industrial General)

YEAR BUILT:

1973

CEILING HEIGHT:

28’ clear

ELECTRICAL:



800 amp, 600 volt 3 phase (Brand new service)

HEATING/HVAC:

Radiant tube

LIGHTING:

T5 Fluorescent

AVAILABLE SHOP

AVAILABLE LOADING: 4 - 20’ x 20’ drive-in doors



(2 drive-thru bays)

AVAILABLE CRANES: 1 - 15 TON



18’9” hook height 1 - 5 TON 18’4” hook height

LEASED LOADING:

4 - 24’ x 20’ drive-in doors (2 drive-thru bays) 1 - 18’ x 18’ drive-in door

LEASED CRANES:

1 - 20 TON 20’4” hook height 1 - 10 TON 21’8” hook height



AVAILABLE OFFICE

TENANT Term: 2 years

LEASED

Lunch Room

Option to Extend for 1 Year (Call for details)

FINANCING EXAMPLE Competitive financing options available through our financial partners, see below for example:

Purchase Price: Down Payment (15%) Total Mortgage

$3,600,000 $ 540,000 $3,060,000

Example Monthly Mortgage Payment Estimated Monthly Operating Costs Estimated Monthly Costs (excluding utilities) Less Tenant Rent Owner Monthly Cost (estimated & excluding utilities)

$ $ $ $ $

17,800 4,200 22,000 10,000 12,000

Actual mortgage payments will be dependent on qualification of buyer OAC. Example above assumes 85% LTV, and an interest rate of 5% with blended principal and interest payments over a 25 year amortization period. All information provided in this example is for information purposes only and no reliance should be placed on this information for any possible legal purpose or any circumstance where loss or damage could arise as a result of reliance on this information.

The information contained herein has been gathered from sources deemed reliable, but is not warranted as such and does not form any part of any future contract. This offering may be altered or withdrawn at any time without notice.

LOCAL EXPERTISE

MATTERS

FOR MORE INFORMATION OR TO VIEW, PLEASE CONTACT:

Casey Stuart • [email protected] • c: 403-828-8669 Jon C. Mook • [email protected] • c: 403-616-5239 117, 4950 106 Avenue SE, Calgary, Alberta T2C 5E9