9124 111 Street, Grande Prairie9124 111 Street, Grande Prairie — photo 29124 111 Street, Grande Prairie — photo 39124 111 Street, Grande Prairie — photo 49124 111 Street, Grande Prairie — photo 59124 111 Street, Grande Prairie — photo 69124 111 Street, Grande Prairie — photo 79124 111 Street, Grande Prairie — photo 89124 111 Street, Grande Prairie — photo 99124 111 Street, Grande Prairie — photo 109124 111 Street, Grande Prairie — photo 119124 111 Street, Grande Prairie — photo 129124 111 Street, Grande Prairie — photo 139124 111 Street, Grande Prairie — photo 149124 111 Street, Grande Prairie — photo 159124 111 Street, Grande Prairie — photo 169124 111 Street, Grande Prairie — photo 179124 111 Street, Grande Prairie — photo 189124 111 Street, Grande Prairie — photo 199124 111 Street, Grande Prairie — photo 209124 111 Street, Grande Prairie — photo 219124 111 Street, Grande Prairie — photo 229124 111 Street, Grande Prairie — photo 239124 111 Street, Grande Prairie — photo 249124 111 Street, Grande Prairie — photo 259124 111 Street, Grande Prairie — photo 269124 111 Street, Grande Prairie — photo 279124 111 Street, Grande Prairie — photo 289124 111 Street, Grande Prairie — photo 299124 111 Street, Grande Prairie — photo 309124 111 Street, Grande Prairie — photo 31
1/31
For Lease · Office

9124 111 Street, Grande Prairie

9124 111 Street, Grande Prairie, AB T8V4W1

$13 Monthly

6,264 SF

Asset Class

Office

Size

6,264 SF

Building class

A

Zoning

CB2 — Central Business

$ / SF

$0

Occupancy

83%

Year Built

1978

Lot Size

0.7091918178538422 ac

About this property

VERSATILE INDUSTRIAL SPACE FOR LEASE | RICHMOND INDUSTRIAL PARK?? 9124 111 Street | Grande Prairie, ABExcellent opportunity to lease a versatile industrial space with renovated offices in Richmond Industrial Park!Offering approximately 6,264 sq. ft. across two levels, this property provides a functional combination of shop, office, workroom and storage space.The spacious main-floor shop features approximately 18-foot ceilings, three oversized overhead doors measuring 14’ wide by 16’ high, and a certified 4-ton overhead bridge crane.The building also offers five designated office spaces, a renovated reception area, two 2-piece bathrooms and ample storage. The flexible layout allows businesses to adapt the space to suit their operational needs.Additional features include metal roofing and siding, municipal services, on-site parking and a secure, gated shared gravel yard.LEASE DETAILS* Main Floor: Approx. 4,800 sq. ft.* Upper Level: Approx. 1,464 sq. ft.* Basic Rent: $6,786/month* Additional Rent: $2,100/month* GST (5%): $444.30/month* Total Monthly Rent: $9,330.30* Lease Term: 5 Years* Triple NetAn excellent opportunity for industrial, trades, fabrication or service-based businesses looking to establish or expand their operations in Grande Prairie! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$13
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

2.81%

DSCR

1.15

Going-in cap

6.38%

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
Vector Robotics2,535 SF2032-05
Vector Robotics2,633 SF2032-05

Area demographics

Trade area within 3 miles of the property.

Population

40,421

Households

16,923

Median income

$72,500

Median age

39.6

Daytime population

59,207

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 9124 111 Street, 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.