2
$3,200,000 Sale
Listed 42 days ago
11402 100 Street
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Key Facts
Key facts for 11402 100 Street
Property Type
Commercial
Parking
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MLS #
A2345605
Size
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Basement
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Listed on
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Lot size
-
Days on Market
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Year Built
2004
Maintenance Fee
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Description
Aurora Plaza presents an opportunity to acquire a 26,888 SF multi-tenant retail and office investment property on Grande Prairie's primary commercial corridor. Offered at $3,200,000, the property is 87% occupied and generates a current NOI of $265,198, representing an 8.29% cap rate. The diversified... tenant mix and long-term leases provide stable cash flow, with additional upside through the lease-up of approximately 3,188 SF of vacant space. An even shorter version for tighter MLS character limits: Aurora Plaza is a 26,888 SF multi-tenant retail and office investment property located on a high-exposure commercial corridor in Grande Prairie. Offered at $3,200,000, the property is 87% occupied and generates a current NOI of $265,198, reflecting an 8.29% cap rate, with additional upside through lease-up of vacant space
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Courtesy of: Alliance West Asset and Property Management Ltd. O/A Alliance West
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