DESCRIPTION: This building is on a bare land condo lot with a site area of 1.4 Acres. The subject site shared by the whole complex is an irregular site with a size of 2.41-acre, located along xxxxxxxxxxx in the community of xxxxxx in Calgary new community.
SITE AREA: 1.4 Acres
SIZE OF BUILDING: Gross building size 14,850 square feet
AGE: Constructed end of 2016
REVENUE: $629,134 (Basic rent: $411,802, Common Area: $217,332)
NOI: $391,212 =$411,802- $12,354 (Vacancy &collection loss 3%)-$8,236 (Structural maintenance allowance 2 %)