For Lease · Office

101 & 201, 9505 Resources Road, Grande Prairie

101 & 201, 9505 Resources Road, Grande Prairie, AB T8V8C2

$20 Yearly

2,963 SF

Asset Class

Office

Size

2,963 SF

Building class

B

Zoning

CO — Commercial Office

$ / SF

$0

Occupancy

90%

Year Built

2007

Lot Size

0.08203891412107164 ac

About this property

Executive office space available for lease in Tuscan Square, located in the Railtown subdivision with excellent visibility from Resources Road! This end cap unit offers a professional and welcoming atmosphere, plenty of natural light and a flexible layout suitable for a variety of businesses. The main floor features an inviting reception area complete with a reception desk, waiting area and signature built-in fish tank. There are 3 generously sized offices with large windows, 3 additional interior offices, a secure file storage room that could serve as another office, 2 washrooms and a kitchenette. The second floor offers 6 offices with large windows, several large enough to accommodate multiple workstations or function as boardrooms or meeting rooms. There are also 2 smaller offices that could be removed to create an additional reception area, along with a kitchenette, dining area and 2 washrooms. One of the property's greatest features is its flexibility! The layout offers the potential to separate the main and upper levels with independent entrances, creating opportunities for businesses requiring separate workspaces or room for future growth. With excellent exposure, plenty of paved parking surrounding the unit and a convenient location, this property presents an outstanding opportunity for businesses looking for a professional office location. Monthly base rent is $4,938.33 plus GST, with estimated additional rent of $3,086.46 plus GST, for a total monthly lease cost of $8,024.79 plus GST and utilities. The property is also available for sale, with the possibility of negotiating a lease with an option to purchase. Whether you're looking for a long-term lease or a future ownership opportunity, this versatile office space is worth a look! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.47%

DSCR

0.81

Going-in cap

4.50%

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 Robotics1,236 SF2027-01
Vector Robotics665 SF2027-01
Vector Robotics400 SF2027-01
Vector Robotics413 SF2027-01

Area demographics

Trade area within 3 miles of the property.

Population

140,816

Households

50,521

Median income

$69,000

Median age

41.1

Daytime population

167,583

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for 101 & 201, 9505 Resources Road, 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.