11230 Westgate Dr - Retail FOR SALE


Grande Prairie, AB T8V 7H1
$4,300,000 CAD
780-428-7850
11230 Westgate Dr, Grande Prairie, AB for Sale
$4,300,000 CAD
Retail - FOR SALE
1/1
null | Request Cap Rate

11230 Westgate Dr
Grande Prairie, AB T8V 7H1


HIGHLIGHTS

  • List Price: $4,300,000
  • Building Size: 7,395 SF on 0.79 acres
  • Occupancy: 100% leased to Five Guys and Ace Liquor
  • Weighted Average Lease Term: 8.3 years
  • Built: 2011 | Zoning: CA (Arterial Commercial)
  • Traffic Exposure: 16,583 AADT along 108 Street

OVERVIEW

Westgate Plaza presents an exceptional NNN investment opportunity with a list price of $4,300,000. The asset is 100% occupied with two established tenants—Five Guys and Ace Liquor—providing a reliable income stream and strong corporate covenants. The plaza encompasses 7,395 square feet of leasable area on a 0.79-acre site, offering approximately 36 surface parking stalls. Built in 2011 and zoned CA (Arterial Commercial), the property is well-positioned to serve both local residents and regional visitors. The location offers exceptional visibility along 108 Street and convenient access to Highway 43, connecting to major retail and service destinations in Grande Prairie. With a 2025 tax levy of $58,939 and stable tenancy, Westgate Plaza represents a turnkey investment with strong fundamentals in a growing market.

FOR SALE DETAILS

PRICE

$4,300,000 CAD

PRICE/SF

$581 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westgate Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

CA

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jacob McIntyreAvison YoungMore Info
780-428-7850

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Jacob McIntyreAvison YoungMore Info
780-428-7850

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.