For Lease · Specialty

10014 102 Avenue, Grande Prairie

10014 102 Avenue, Grande Prairie, AB T8V0Z7

$20 Yearly

1,939 SF

Asset Class

Specialty

Size

1,939 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

87%

Year Built

1979

About this property

This prime commercial space is professionally built out and nearly turnkey, offering a cost-effective opportunity for a wide range of businesses looking to open quickly without the time and expense of completing major tenant improvements. Featuring high-end finishes throughout, the space provides a polished and inviting atmosphere with a flexible open-concept layout ideally suited for a variety of client-focused retail, service, or professional uses, along with a dedicated staff area. The property also offers the option to add approximately 1,000 SF at the rear, providing flexibility for future expansion, additional workspace, or storage as your business grows. Excellent exposure, ample on-site parking, and generous storage further add to the functionality of this location. Lease Details: Base Rent of $20.00 PSF ($3,231.67/month) plus Additional Rent of $13.00 PSF ($2,100.58/month), which includes gas, power, and water, for a total monthly cost of $5,332.25 plus GST. A great opportunity to move into a professionally finished space and get your business operating quickly—call your Commercial Realtor® today for more information or to arrange a showing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.97%

DSCR

0.79

Going-in cap

4.35%

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
Meridian Health Group1,089 SF2031-06
Meridian Health Group400 SF2031-06
Meridian Health Group400 SF2031-06
Meridian Health Group400 SF2031-06

Area demographics

Trade area within 3 miles of the property.

Population

109,530

Households

46,097

Median income

$117,500

Median age

35.6

Daytime population

152,965

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for 10014 102 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.