Tom Shields Realty Inc.

Property Management & Real Estate

Commercial For Sale - Retail - $3,200,000

Contact a Realtor

11402 100 Street
Grande Prairie, Alberta

MLS® Number: A2345605
List Price: $3,200,000
Days on Market: 1 days
Type: Retail
Size: 26,888 sq ft
Subdivision: Avondale
Listing Office: Alliance West Asset and Property Management Ltd.

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.

Details

County / Parish: Grande Prairie
Days on Market: 1
Legal Plan: 2417TR
Year Built: 2004
Restrictions: Call Lister
Zoning: CA-Arterial Commercial Di

Tom Shields Realty Inc.

Property Management & Real Estate

Commercial For Sale - Retail - $3,200,000

Contact a Realtor

11402 100 Street
Grande Prairie, Alberta

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Contact a Realtor

11402 100 Street Grande Prairie, Alberta

11402 100 Street
Grande Prairie, Alberta