206, 11601 101 Avenue, Grande Prairie206, 11601 101 Avenue, Grande Prairie — photo 2206, 11601 101 Avenue, Grande Prairie — photo 3206, 11601 101 Avenue, Grande Prairie — photo 4206, 11601 101 Avenue, Grande Prairie — photo 5206, 11601 101 Avenue, Grande Prairie — photo 6206, 11601 101 Avenue, Grande Prairie — photo 7206, 11601 101 Avenue, Grande Prairie — photo 8206, 11601 101 Avenue, Grande Prairie — photo 9206, 11601 101 Avenue, Grande Prairie — photo 10206, 11601 101 Avenue, Grande Prairie — photo 11206, 11601 101 Avenue, Grande Prairie — photo 12206, 11601 101 Avenue, Grande Prairie — photo 13206, 11601 101 Avenue, Grande Prairie — photo 14
1/14
For Lease · Office

206, 11601 101 Avenue, Grande Prairie

206, 11601 101 Avenue, Grande Prairie, AB T8V0Z1

$30 Yearly

5,390 SF

Asset Class

Office

Size

5,390 SF

Building class

C

Zoning

DC1 — Direct Control

$ / SF

$0

Occupancy

92%

Year Built

2014

About this property

AAA Office / Medical space located at the high-traffic intersection of 100 Avenue (Highway 43) and 116 Street on Grande Prairie’s desirable west side. This exceptional location offers outstanding visibility and exposure, directly across from major commercial anchors including Costco and Canadian Tire. The high end professionally managed building features ample on-site parking and large welcoming lobby and elevator providing convenience and accessibility for both customers and staff. Building is shared with medical offices, Service Canada and a pharmacy. The property benefits from strong daily vehicle traffic and a growing nearby customer base. Setup with large reception / waiting room 19 offices many with sinks, staff and public bathrooms, Lunch and storage room . An excellent opportunity to establish your business in one of Grande Prairie’s prominent commercial buildings. Base Rent is $13,475.00/month plus Additional Rent of $7541.51/month for a Total of $21,016.51 plus GST. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$30
Down payment30% · $9
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

0.81%

DSCR

1.04

Going-in cap

5.78%

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 Logistics2,892 SF2033-05
Northbridge Logistics1,202 SF2033-05
Northbridge Logistics502 SF2033-05
Northbridge Logistics400 SF2033-05

Area demographics

Trade area within 3 miles of the property.

Population

104,978

Households

43,700

Median income

$65,000

Median age

40.1

Daytime population

173,656

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 206, 11601 101 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.