Located in a prime, high-traffic area, this CORNER UNIT offers 1323 square feet boasting unmatched visibility with double exposure on the North and East sides of the building. Situated on a prominent lot at a busy intersection, this property benefits from constant foot and vehicle traffic. With two convenient entrances and an abundance of natural light, this space provides a bright and welcoming atmosphere perfect for any business. The previous long-term tenant is retiring after decades of success in this location, offering an excellent opportunity for the next business. Ample parking is available, and the space is ready for immediate occupancy. Offered at $11/sqft with scheduled escalations annually plus $3.50/sqft occupancy costs of $1,599/month plus GST and separately metered utilities. Don’t miss the opportunity to lease this standout property in a highly desirable location!
Essential information
MLS® number
A2205194
Status
Active
Lease rate
$9/sq ft/yr
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
None Known
Building area
1,323 sq ft
Year built
1988
Structure
Mixed Use
Listing brokerage
RE/MAX MEDALTA REAL ESTATE
Source
Pillar 9™ MLS® System
Exterior and construction
Zoning
MU
Community
Subdivision
SWID
City
Medicine Hat
Province
AB
Postal code
T1A 2W3
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
SDE—
EBITDA—
Gross profit
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Pre-tax profit as the books show it
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Value at that multiple SDE × multiple
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Asking price as a multiple of SDE
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.
What this space costs per month
Commercial rent is quoted per square foot per year. This turns it into the cheque you actually write — and adds the operating costs, which are quoted separately and routinely add a third again.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
Per month—
All in, per sq ft—
Base rent monthly
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Operating costs monthly
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Anything else monthly
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Total each month before GST
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Total each year
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Base rent per year
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An estimate from the figures above, not a quote and not financial advice. Confirm the rent, the operating costs and what is included with the listing brokerage before you rely on any of it — GST, utilities and tenant improvements are not in here. Nothing typed is sent anywhere or saved.
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8 photos$10/sq ft/yrFor lease9, 4000 Landry Avenue, Rural Red Deer County
