For Lease · Specialty

12221 100 Street, Grande Prairie

12221 100 Street, Grande Prairie, AB T8W4H1

$20 Yearly

3,847 SF

Asset Class

Specialty

Size

3,847 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

96%

Year Built

1990

Lot Size

0.5188246097337006 ac

About this property

Prime Commercial Space Available for Lease on 100 Street! Excellent exposure and easy access with this 3800 sqft commercial building. The property offers a versatile combination of retail and shop space, along with a secure fenced yard. The front of the building features an open retail area ideal for reception area, showroom, or office space. At the rear there are two separate shop bays each equipped with two 10x12 overhead doors, providing excellent functionality for a variety of business and industrial uses. The fenced yard offers added flexibility for secure outdoor storage, equipment or fleet parking. The property also has ample on site parking for staff and customers. A highly visible and functional commercial space with a great mix of retail, shop, yard and parking areas. Base rent $6411.66 plus $2025.00 taxes and insurance = $8436.66 plus GST per month. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-2.47%

DSCR

0.87

Going-in cap

4.80%

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
Vector Robotics3,709 SF2028-06

Area demographics

Trade area within 3 miles of the property.

Population

44,583

Households

20,687

Median income

$79,500

Median age

42.8

Daytime population

66,328

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 12221 100 Street, 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.