For Lease · Industrial

#16, 8802 112 Street, Grande Prairie

#16, 8802 112 Street, Grande Prairie, AB T8V5X4

$14 Yearly

1,488 SF

Asset Class

Industrial

Size

1,488 SF

Building class

A

Zoning

IM — Medium Industrial

$ / SF

$0

Occupancy

88%

Year Built

1979

Lot Size

3.7065774452291405 ac

Clear height

28 ft

Loading docks

3

About this property

Excellent office space with a storage bay at the back. 1,488 square feet of office space, plus a bonus area, of approximately 400 square feet, on the mezzanine with extra office space. Bay has an overhead door. Basic Rent is $14.00 PSF = $1,736.00 + $86.80 GST = $1,822.80 Total Monthly Basic Rent Payment. Additional Rent is $4.20 PSF = $520.80 + $26.04 GST = $546.84 Total Monthly Additional Rent Payment. Total Monthly Payment = $2,369.64. Tenant is responsible for utilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

2.48%

DSCR

1.13

Going-in cap

6.29%

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 Supply1,314 SF2029-09

Area demographics

Trade area within 3 miles of the property.

Population

87,937

Households

40,627

Median income

$79,500

Median age

41.7

Daytime population

120,568

5-yr growth

8.4%

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

Secure deal room

Confidential diligence documents for #16, 8802 112 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.