For Lease · Specialty

205, 10605 West Side Drive, Grande Prairie

205, 10605 West Side Drive, Grande Prairie, AB T8V8E6

$23 Yearly

1,275 SF

Asset Class

Specialty

Size

1,275 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$0

Occupancy

98%

Year Built

2005

About this property

Position your business for success in this professional 1,275 sq. ft. office space located in the highly desirable West Side Plaza. This upscale, exceptionally well-maintained building offers elevator access, ample on-site parking, and a prime location with excellent visibility and convenient access to 108 Street (Highway 40 Bypass) and 100 Avenue. Designed for functionality and professionalism, the space features a bright and welcoming reception and lobby area, five private offices, a dedicated file storage room, a coffee bar/kitchenette, and a private washroom. The efficient layout is ideal for a wide range of professional, medical, administrative, or service-based businesses.Take advantage of this outstanding leasing opportunity in one of the city's most sought-after commercial locations. Available for November 1st occupancy. Base rent is $23/ft=$2,443.75+ GST & additional rents estimated at $15.52/ft including management, insurance, taxes, op costs and utilities. Janitorial is extra but available =$1,649/mo + GST. Total monthly cost $4,092.75+ GST (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$23
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.27%

DSCR

0.77

Going-in cap

4.26%

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
Cascade Foods Inc.508 SF2031-09
Cascade Foods Inc.739 SF2031-09

Area demographics

Trade area within 3 miles of the property.

Population

99,318

Households

38,237

Median income

$119,500

Median age

38.3

Daytime population

106,963

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 205, 10605 West Side Drive, 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.