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Price on request
4,160 SF
Asset Class
Office
Size
4,160 SF
Building class
C
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
90%
Year Built
1981
Professional office space available for lease in the heart of downtown Grande Prairie in the 101 Executive Place - Schubert Building. Located on the second floor of this professionally managed building, the space offers elevator access, ample FREE parking, and an exceptional opportunity for medical, legal, accounting, administrative, wellness, creative, or other professional services seeking a central and highly accessible business location.The layout is thoughtfully designed to accommodate a variety of business operations, featuring a welcoming reception and foyer area, 10 private offices, spacious common work areas, a meeting room with kitchenette, washroom facilities, and additional storage space. Large windows throughout the unit provide abundant natural light, creating a bright and comfortable working environment for both staff and clients.This professionally managed downtown property offers excellent accessibility and exposure, surrounded by established businesses, restaurants, and amenities. The functional floor plan combined with the convenient central location makes this an ideal setting for businesses looking to establish or expand their professional presence in Grande Prairie.Base rent is $4,160/month, Triple net is $3,293.33/month. Total rent is $7,453.33/month + GST. Rent includes property management, all utilities, air conditioning, and access to fibre internet in the building (tenant is responsible for internet access). Check out the virtual tour! https://unbranded.visithome.ai/PSpFnTQQSk4iagZZ9HbAWz?mu=ft (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$76K
Annual cash flow
$-7K
Cash-on-cash
-1.54%
DSCR
0.92
Going-in cap
5.08%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 1,174 SF | 2032-10 |
| Vector Robotics | 803 SF | 2032-10 |
| Vector Robotics | 562 SF | 2032-10 |
| Vector Robotics | 1,217 SF | 2032-10 |
Trade area within 3 miles of the property.
Population
66,982
Households
30,960
Median income
$108,500
Median age
33
Daytime population
76,534
5-yr growth
3.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 208, 10006 101 Avenue, Grande Prairie.
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.