11402 100 Street, Grande Prairie, Alberta T8V 2N5
- $3,200,000
- List Price
- $3,200,000
- Status
- ACTIVE
- MLS® #
- A2345605
- Days on Market
- 14
- Year Built
- 2004
- Area
- Grande Prairie
- Community
- Avondale
- Building Name
- Aurora Plaza
Property 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..
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