For Lease · Specialty

9731 100 Avenue, Grande Prairie

9731 100 Avenue, Grande Prairie, AB T8V0T5

$499,900 per sq ft / yr

1,867 SF

Asset Class

Specialty

Size

1,867 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$268

Occupancy

93%

Year Built

1952

Lot Size

0.14003449588075695 ac

About this property

The ultimate downtown location with a classy twist of fine finishings. Retail or office space with road frontage on 100th Ave! Extensive renovations completed inside and out. DOWNSTAIRS IS SUITED, offering a live-in option or rent generation to offset the mortgage. Hand-scraped hardwood throughout with antique accents of wainscoting lines this professional building. Fire rating between units, all new wiring and HVAC, separate zone furnaces. Main floor features a spacious front entrance ideal for reception, retail or showcase space, oversized office or board room with granite wet bar, half bath and back entry. Showcase stair-well leads to the upper level hosting 3 generous offices, 1 complete with a granite wet bar, and all upper offices offer a fascinating view of the downtown core. Downstairs offers a gorgeous 1-bedroom suite with kitchen, backsplash, bar seating, living room, laundry area and 4 pc ensuite. Massive street-side front patio and staff parking in the rear with electrical plugs. Showcase your business with flair in this high-traffic, updated building. Call your Commercial Realtor® today. ALSO FOR LEASE at MLS A2325431 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$500K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$27K

Annual cash flow

$-1K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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.810 SF2031-02
Cascade Foods Inc.432 SF2031-02
Cascade Foods Inc.400 SF2031-02
Cascade Foods Inc.400 SF2031-02

Area demographics

Trade area within 3 miles of the property.

Population

81,824

Households

31,792

Median income

$101,000

Median age

45.9

Daytime population

131,801

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for 9731 100 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.