For Lease · Industrial

9825 38 Avenue, Rural Grande Prairie No. 1, County of

9825 38 Avenue, Rural Grande Prairie No. 1, County of, AB T0H0W3

$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

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$10K
Down payment30% · $3K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics696 SF2027-01
Vector Robotics448 SF2027-01
Vector Robotics820 SF2034-01

Area demographics

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.

Secure deal room

Confidential diligence documents for 9825 38 Avenue, Rural Grande Prairie No. 1, County of.

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.