8801 Resources Rd., Grande Prairie
$2,500,000
MLS® # A2338393
Tom Shields Realty Inc.
11402 100 Street , Grande Prairie
$3,200,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Aurora Plaza presents an opportunity to acquire a 26,888 SF multi-tenant retail and office investment property located at 11402-11408 100 Street in Grande Prairie, Alberta. The property is strategically positioned along one of the city's primary commercial corridors, benefiting from excellent exposure to over 42,000 vehicles per day and strong surrounding retail amenities. Currently 87% occupied, the asset generates a current NOI of approximately $234,605 and is offered at $3,200,000, representing an 8.19% cap rate. The tenant mix includes retail, office, restaurant, financial, and professional service users, with several long-term leases extending through 2035. Investors also benefit from value-add potential through the lease-up of approximately 3,188 SF of vacant space and future rental growth opportunities.
Essential Information
MLS® #A2345605
Price$3,200,000
Year Built2004
TypeCommercial
Sub-TypeRetail
StatusActive
Community Information
Address11402 100 Street
SubdivisionAvondale
CityGrande Prairie
CountyGrande Prairie
ProvinceAlberta
Postal CodeT8V 2N5
Additional Information
ZoningCA-Arterial Commercial Di
Office
Alliance West Asset and Property Management Ltd.
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