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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 5N5
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

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