11402-11408 100 St - Storefront Retail/Office FOR SALE


Grande Prairie, AB T8V 2N5
$3,200,000 CAD
825-425-0046
11402-11408 100 St, Grande Prairie, AB for Sale
$3,200,000 CAD
Storefront Retail/Office - FOR SALE
1/5
null | 8.29% Cap Rate

11402-11408 100 St
Grande Prairie, AB T8V 2N5


HIGHLIGHTS

  • Located on a high-traffic section of 100 Street with exposure to approximately 42,635 vehicles per day and surrounded by major retailers and services.
  • Prime commercial corridor location along 100 Street, one of Grande Prairie's busiest arterial routes
  • 26,888 SF mixed-use investment property featuring a blend of retail, office, restaurant, financial, and professional service tenants.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,200,000 CAD

PRICE/SF

$160 CAD /SF

CAP RATE

8.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aurora Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Showroom, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

CA

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Shane OlinBlackstone Commercial Real Estate Services Inc.More Info
825-425-0046

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Shane OlinBlackstone Commercial Real Estate Services Inc.More Info
825-425-0046

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