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For Sale · Specialty

11920 100 Street, Grande Prairie

11920 100 Street, Grande Prairie, AB T8V4H5

$5.9M total

32,754 SF

Asset Class

Specialty

Size

32,754 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$180

Occupancy

83%

Year Built

1980

Lot Size

3.06 ac

About this property

11920 100 Street, A piece of Grande Prairie retail history, the original Canadian Tire location in Grande Prairie, directly across from Prairie Mall.The 33,754 sq ft building has a new roof (2019) and extensive renovations over the past 10 years. It comes with several long-term tenants already in place, so you start with income from day one and skip the big capital projects. CA - Arterial Commercial zoning supports a wide range of retail, showroom, service and multi-tenant uses.This is one of the city's busiest commercial corridors. Your signage faces a steady flow of shoppers, commuters and transit riders every day, with approximately [27,897] vehicles passing daily (City of Grande Prairie traffic counts, [2024]).It's a strong fit for an investor looking for stable income, or an owner-user who wants a landmark address locals already know. If your business needs to be seen, this is the address.Call your favorite commercial REALTOR® to book your private showing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$5.89M
Down payment30% · $1.77M
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$27K

Projected NOI

$364K

Annual cash flow

$37K

Cash-on-cash

2.11%

DSCR

1.11

Going-in cap

6.17%

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
Prairie Coffee Roasters10,594 SF2033-06
Prairie Coffee Roasters6,450 SF2033-06
Prairie Coffee Roasters10,207 SF2033-05

Area demographics

Trade area within 3 miles of the property.

Population

62,688

Households

27,787

Median income

$103,000

Median age

32.7

Daytime population

71,143

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 11920 100 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.