
List Price: $2,700,000
9620 112 Street, Grande Prairie , Alberta, T8V 5N5
Industrial|MLS - #|Sold
Bed
Bath
23408.00 Sqft.
Client Remarks
Investment opportunity with near 10% CAP rate with great long term tenants. This property has 2 buildings on the property with Triple "A" tenants, located in a high traffic area. Building One has a 4 year lease in place and a new roof in 2024, 10,010 sq. ft., office mezzanine - 3,360 sq. ft. and parts mezzanine 1,787 sq. ft. for a total of 15,157 sq. ft., private fenced yard and 600 amp main service. This building is currently leased to one tenant occupying 4 spaces with 4 services which can easily be reverted for multiple tenants in the future. Building Two - 12,348 sq. ft. on main floor with 896 sq. ft. of mezzanine storage. Roof is metal, 200 amp electric service. 4 - 16 ft. x 14 ft. O.H. doors. paved front yard, and private graveled yard with chain link fencing. Building 2 is currently leased to one tenant but has 3 separate leasable spaces, with 3 services for future tenants if required. Both buildings of steel and concrete block construction. Both building are in very good condition and been well maintained with upgraded HVAC in both buildings. Excellent return with annual gross income of $373,920 per year.
Property Description
9620 112 Street, Grande Prairie, Alberta, T8V 5N5
Property type
Industrial
Lot size
N/A acres
Style
N/A
Approx. Area
23408.00 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
None
Building size
23408.00
Status
In-Active
Property sub type
Maintenance fee
$0
Year built
--

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9620 112 Street, Grande Prairie, Alberta, T8V 5N5Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
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