For Lease · Land

10002 94 Avenue, Grande Prairie

10002 94 Avenue, Grande Prairie, AB T8V0K5

$26 Yearly

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Asset Class

Land

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

94%

Lot Size

0.46143250688705234 ac

About this property

4 BAY BUILD TO SUIT LEASE SPACE . CENTRAL Location! Close to DOWNTOWN, TRIALS and AMENITIES! This could be a great OPPORTUNITY right in the heart of GP. Plans for 4640 sqft building - BUILD TO SUIT!! CAN DO SEVERAL OPTIONS FOR YOUR BUSINESS NEEDS - Permitted uses - Business Support Service, Commercial Business Centre, Boarding House - Discretionary uses - Supermarket, Vehicle Wash, Multi-Attached Dwelling, Gas Bar. Drive by today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$26
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

4.54%

DSCR

1.25

Going-in cap

6.90%

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.

Area demographics

Trade area within 3 miles of the property.

Population

125,796

Households

55,202

Median income

$71,000

Median age

41.4

Daytime population

110,242

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 10002 94 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.