For Lease · Industrial

105, 8439 111A Street, Grande Prairie

105, 8439 111A Street, Grande Prairie, AB T8V5L4

$14 Yearly

2,500 SF

Asset Class

Industrial

Size

2,500 SF

Building class

A

Zoning

IB — Industrial Business

$ / SF

$0

Occupancy

92%

Year Built

1979

Clear height

29 ft

Loading docks

4

About this property

A perfect mix of size, configuration & cost!! 2500sq.ft. Of light industrial shop & office space available for quick occupancy. Front of space offers functional office area with one office plus reception or staff areas. Rear of space offers 2000+ft. Of shop space with 14' OHD. Exterior yard space allows for good storage options such as secure parking, seacans, racking, etc. front customer parking with great exposure just off 84ave. In Richmond Industrial Park. Well managed common costs with all utilities included. Call a commercial realtor today for a tour and get take your business operations to the next level. BASE RENT: $14.00/sq. ft. = $2,916.67/month. ADDITIONAL RENT/COMMON COSTS: $6.50/sq. ft. = $1,354.17/month. TOTAL MONTHLY RENT: $4,270.84 + GST (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

3.43%

DSCR

1.19

Going-in cap

6.57%

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.1,541 SF2030-05
Cascade Foods Inc.767 SF2031-05

Area demographics

Trade area within 3 miles of the property.

Population

96,691

Households

41,160

Median income

$69,000

Median age

38.4

Daytime population

105,119

5-yr growth

6.3%

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

Secure deal room

Confidential diligence documents for 105, 8439 111A 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.