For Sale · Industrial

14410 102 Street, Rural Grande Prairie No. 1, County of

14410 102 Street, Rural Grande Prairie No. 1, County of, AB T8X1M1

Price on request

7,760 SF

Asset Class

Industrial

Size

7,760 SF

Building class

B

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

90%

Year Built

1998

Lot Size

5.02 ac

Clear height

20 ft

Loading docks

10

About this property

This Industrial Coatings Facility is located just north of Grande Prairie in the Highway 43 North Industrial Subdivision. It is 7,760 SF situated on 5.02 acres and offers excellent access to Highway 43. The building consists of approximately 7,000 SF of functional shop space and 760 SF of office area, featuring three bays including two 100-foot drive-through bays and one stub bay complete with a parts room and mezzanine for additional storage. The shop offers in-floor heat, with a full HVAC system, and is accessed through five 16'W x 18'H manual overhead doors, making it extremely versatile. The fully graveled 5.02 Ac yard is secured with chain link fencing, providing ample room for equipment, trailers, and outdoor storage. Services include a holding tank for water and a septic tank for sewer. A functional industrial property with an excellent yard and highway access at an extremely attractive price point. Call your Commercial Realtor® today for more information or to arrange a private tour. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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 Group3,099 SF2032-09
Meridian Health Group1,722 SF2032-09
Meridian Health Group2,124 SF2032-09

Area demographics

Trade area within 3 miles of the property.

Population

101,823

Households

41,896

Median income

$66,500

Median age

40.8

Daytime population

118,689

5-yr growth

2.4%

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

Secure deal room

Confidential diligence documents for 14410 102 Street, Rural Grande Prairie No. 1, County of.

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.