For Lease · Specialty

12703 & 12707 101 Street, Grande Prairie

12703 & 12707 101 Street, Grande Prairie, AB T8V5S1

$16.5 Yearly

6,300 SF

Asset Class

Specialty

Size

6,300 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

94%

Year Built

2011

Lot Size

0.41 ac

About this property

LATE FALL POSSESSION. Affordable working shops with yard like this one are almost IMPOSSIBLE TO FIND!  With 6,300 s.f. of usable space, this steel-frame industrial shop with secure yard was designed with contractors, equipment operators, supply businesses, mechanical services and maintenance companies in mind and is ideally located on the North-end of Grande Prairie for easy highway access or city-wide movement.Some features this unique property has to offer are a 4,100 sq. ft. shop with 22’ ceilings, dual floor drains, (2)14’ x 18’ overhead doors,  wash bay curtain, pressure wash system, a locker room & 3-pce washroom. Main floor is complete with a professional, well-appointed 700 sf reception/showroom with room for additional offices. The 1500 s.f. mezzanine level's layout offers 2 large offices, a full kitchen & lunchroom, driver sleep area, 3-piece bath, staff lounge, and 550 s.f. of forklift-accessible storage—ideal for parts, tools, or boardroom.Outside, the fully fenced yard with 3 gated access points allows for secure equipment storage & easy flow-through access. An extra large, 27’ concrete apron supports heavier traffic & staging, with yard lighting for early morning & late evening work.Give your business the room you need to expand and stay warm this winter. Call now or contact your commercial realtor to view before it's gone. Also, available for sale. (id:66811)

Financial sandbox

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Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.52%

DSCR

1.03

Going-in cap

5.70%

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
Summit Trades Supply2,601 SF2034-05
Blue Harbour Design1,447 SF2034-05
Blue Harbour Design1,842 SF2034-05

Area demographics

Trade area within 3 miles of the property.

Population

65,946

Households

29,621

Median income

$92,000

Median age

44.9

Daytime population

99,072

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for 12703 & 12707 101 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.