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For Lease · Office

107, 11706 104 Avenue, Grande Prairie

107, 11706 104 Avenue, Grande Prairie, AB T8V6K3

$24 Yearly

1,940 SF

Asset Class

Office

Size

1,940 SF

Building class

C

Zoning

CO — Commercial Office

$ / SF

$0

Occupancy

99%

Year Built

2018

About this property

Position your business for success in this bright and professional 1940sq. ft. office space, ideally situated in a growing commercial, retail, and industrial area with excellent exposure and convenient access to nearby restaurants, shopping, and other amenities. This well-designed office features a welcoming reception and waiting area, multiple private offices, a kitchenette, and a private washroom, offering a functional layout to accommodate a variety of business needs. Modern finishes throughout create a polished and inviting environment for both clients and staff. Perfect for counsellors, therapists, accountants, consultants, and other professional service providers, this turnkey space is ready for immediate occupancy. Ample on-site parking is available for employees and visitors. Base Rent: $4074/month + GST. Additional Rent: approximately $1,374.17/month + GST. Total Monthly Lease Cost: $5,254.17/month + GST. Vacant possession available November 16. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$24
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.72%

DSCR

0.74

Going-in cap

4.13%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design1,928 SF2030-01

Area demographics

Trade area within 3 miles of the property.

Population

143,062

Households

60,178

Median income

$101,500

Median age

33

Daytime population

232,051

5-yr growth

6.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 107, 11706 104 Avenue, Grande Prairie.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.