For Lease · Retail

A, 9813 116 Avenue, Grande Prairie

A, 9813 116 Avenue, Grande Prairie, AB T8V4B4

$2,700 Monthly

1,600 SF

Asset Class

Retail

Size

1,600 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

$2

Occupancy

85%

Year Built

1984

About this property

Bright and versatile 1,600 sq. ft. main-floor commercial space available for lease at $2,700 per month, including all utilities. The functional layout features a spacious open area, one private office, a private washroom, and built-in cabinet storage. Large windows provide plenty of natural light, creating a bright and welcoming environment for employees and clients. With ample parking and excellent visibility, this space would be well suited for a variety of professional, retail, or service-based businesses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3K
Down payment30% · $810
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$12

Projected NOI

$126

Annual cash flow

$-24

Cash-on-cash

-2.96%

DSCR

0.84

Going-in cap

4.65%

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
Northbridge Logistics496 SF2029-03
Northbridge Logistics400 SF2029-03
Northbridge Logistics400 SF2029-03
Northbridge Logistics400 SF2029-03

Area demographics

Trade area within 3 miles of the property.

Population

52,846

Households

19,109

Median income

$131,500

Median age

37.8

Daytime population

58,378

5-yr growth

7.4%

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

Secure deal room

Confidential diligence documents for A, 9813 116 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.