For Lease · Specialty

101, 11706 104 Avenue, Grande Prairie

101, 11706 104 Avenue, Grande Prairie, AB T8V6K3

$24 Yearly

2,000 SF

Asset Class

Specialty

Size

2,000 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

91%

Year Built

2018

About this property

Position your business in this newer, modern 2,000 sq. ft. office space, ideally located in a growing and highly desirable commercial/industrial/retail area in Grande Prairie's Westside, offering excellent exposure, ample on-site parking for clients/customers and gated secure rear parking. There is convenient access to a wide range of nearby amenities including restaurants, shopping, and professional services. A bright, professional layout that includes a spacious reception and waiting area, 5 private offices, a boardroom, two washrooms, lends an inviting environment for clients and staff. This space is well suited for a variety of professional uses including counsellors, therapists, accountants, consultants, healthcare practitioners, or other office-based businesses seeking a turnkey space with room to grow. Whether you're expanding an existing practice or establishing a new location, this versatile office provides the ideal combination of accessibility, visibility, and professionalism in a high-demand area. Base Rent: $4,000.00/month + GST. Additional Rent approx. $1,416.67/month + GST. Total Monthly Lease Cost: $5,416.67 + GST. Some photos are from previous listing. Tenant and business are currently operating in this space, occupancy available Immediately! (id:66811)

Financial sandbox

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Estimate
Purchase price$24
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-5.83%

DSCR

0.68

Going-in cap

3.79%

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
Northbridge Logistics891 SF2027-07
Northbridge Logistics933 SF2027-07

Area demographics

Trade area within 3 miles of the property.

Population

50,643

Households

18,428

Median income

$103,000

Median age

34.9

Daytime population

60,393

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 101, 11706 104 Avenue, 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.