1/278502 115 Street, Grande Prairie
8502 115 Street, Grande Prairie, AB T8V2P5
$18 Yearly
6,000 SF
Asset Class
Industrial
Size
6,000 SF
Building class
A
Zoning
IL — Light Industrial
$ / SF
$0
Occupancy
89%
Year Built
2017
Lot Size
1.01 ac
Clear height
26 ft
Loading docks
6
About this property
Richmond Industrial Park. The property offers approximately 6,000 sq. ft. of functional shop and office space, plus an additional 1,500 sq. ft. mezzanine. Offered at $18/sq ft with additional rent at $4.25/sq ft. The modern front office area features a welcoming reception, boardroom, kitchenette, washroom and four generously sized private offices. The shop is equipped with three overhead doors—two 10' x 16' and one measuring 10' x 10'—allowing convenient access for a variety of vehicles and equipment.Additional shop amenities include a kitchenette with washer hookups, a private office, a washroom and multiple storage rooms. Situated on a one-acre lot, the property also features a fully fenced and gated yard, offering valuable outdoor storage and added security.Contact your Commercial REALTOR® for additional information or to arrange a private viewing. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-1.99%
DSCR
0.89
Going-in cap
4.94%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Prairie Coffee Roasters | 5,346 SF | 2029-11 |
Area demographics
Trade area within 3 miles of the property.
Population
71,074
Households
31,652
Median income
$65,000
Median age
40.5
Daytime population
81,500
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 8502 115 Street, Grande Prairie.
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.