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$10,000 Monthly
2,000 SF
Asset Class
Industrial
Size
2,000 SF
Building class
A
Zoning
IL — Light Industrial
$ / SF
$5
Occupancy
98%
Year Built
1981
Clear height
20 ft
Loading docks
2
Prime Industrial Lease Opportunity – Approximately 3 Acres of Fenced Yard & 2,000 Sq. Ft. of Office Space!Ready for immediate occupancy! This exceptional leasing opportunity offers approximately 3 acres of fenced yard space along with 2,000 sq. ft. of functional office space, ideally situated in the County Industrial Park just south of Grande Prairie. Enjoy convenient access to Highway 40 heading south, while remaining just minutes from the city.The office space features five private offices, a boardroom, and additional storage, providing an excellent setup for a growing business. With ample fenced yard space for equipment, vehicles, and outdoor storage, this property offers the flexibility to accommodate a variety of industrial and commercial operations.Excellent lease value at $10,000 per month, plus $500 per month for utilities and 40% of the property taxes.Position your business in a strategic location and take advantage of the anticipated growth and development in the Grande Prairie region over the next 5–10 years. An outstanding opportunity to establish or expand your operations in one of the area's key industrial corridors! (id:66811)
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Monthly debt service
$46
Projected NOI
$576
Annual cash flow
$22
Cash-on-cash
0.74%
DSCR
1.04
Going-in cap
5.76%
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 | 696 SF | 2027-01 |
| Vector Robotics | 448 SF | 2027-01 |
| Vector Robotics | 820 SF | 2034-01 |
Trade area within 3 miles of the property.
Population
130,073
Households
52,405
Median income
$90,500
Median age
45.3
Daytime population
143,436
5-yr growth
0.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 9825 38 Avenue, Rural Grande Prairie No. 1, County of.
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.