












1/141800 Pine Plaza, Grande Cache, AB T0E0Y0
$2.6M total
15,880 SF
Asset Class
Specialty
Size
15,880 SF
Building class
A
Zoning
US — Urban Services
$ / SF
$164
Occupancy
95%
Year Built
1970
What an opportunity to own a Commercial building in a growing town of Grande Cache. This downtown Office / multi purpose building is available. This property can be The business you are looking for. Owner Operator, take note! This property boasts an ideal location in the heart of Grande Cache, with ample parking in front for clients and all occupied units. The building has been well-maintained and presents an excellent opportunity for an investor or owner/operator. It presently has some anchor tenants. There is a restaurant on the main floor, Real Estate Company, Cannabis Store, and up stairs there is already a Tattoo shop with Hair Salon, and 3 other spots currently rented as office space along with a contracting business. There is also unfinished space available upstairs for new tenants build to suit. Also on the lower level of this building is a large Room used for banquets, Dances and there is also rentable inside storage units. . Over the years the common areas have been updated and the exterior of the building is very attractive and has also been updated over the past 10 years. Additionally, an elevator could potentially be installed int this building as there is space to do so. . Don't miss out on this great opportunity, Call your Commercial Realtor© for more information or to book a showing today. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$12K
Projected NOI
$162K
Annual cash flow
$18K
Cash-on-cash
2.30%
DSCR
1.12
Going-in cap
6.23%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Summit Trades Supply | 7,268 SF | 2030-06 |
| Summit Trades Supply | 7,866 SF | 2030-05 |
Trade area within 3 miles of the property.
Population
73,985
Households
28,644
Median income
$91,000
Median age
45.6
Daytime population
106,553
5-yr growth
3.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1800 Pine Plaza, Grande Cache.
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.