For Lease · Specialty

102 & 103, 10136 128 Avenue, Grande Prairie

102 & 103, 10136 128 Avenue, Grande Prairie, AB T8V1E9

$14 Yearly

4,500 SF

Asset Class

Specialty

Size

4,500 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$0

Occupancy

94%

Year Built

2008

About this property

Mixed Use Commercial Condo unit For Lease in Northridge. This double unit offers 4500sq.ft. Of floor space with another 400sq.ft. Of mezzanine space. This property has very high quality finishings in the front showroom & office area, high ceilings allow for a variety of options suited for retail, showroom, future office space to suit the needs of your business. Currently offering 4 offices, one bathroom, high end kitchen area plus approx. 2000sq.ft. Of shop space with two 12' overhead doors. Great location on the north end of Grande Prairie very close to large residential areas, shopping plazas and many high traffic businesses along the 100st. Corridor. Good parking options in both front & rear of the property are a big plus. Well managed condo association provides peace of mind on your investment. Double bays offering this type of square footage are hard to find. Competitively Priced at only $193/sq.ft. Flexible occupancy dates available. Call a commercial realtor today to arrange a property tour and obtain additional information on this great opportunity. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

3.91%

DSCR

1.21

Going-in cap

6.71%

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 Design2,648 SF2029-04
Blue Harbour Design991 SF2029-04
Blue Harbour Design400 SF2029-04
Blue Harbour Design400 SF2029-04

Area demographics

Trade area within 3 miles of the property.

Population

131,370

Households

49,654

Median income

$75,000

Median age

39.7

Daytime population

194,525

5-yr growth

6.1%

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

Secure deal room

Confidential diligence documents for 102 & 103, 10136 128 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.