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$ 3,200,000
Est. payment | /mo
26,888 SqFt
$ 3,200,000
Est. payment | /mo
26,888 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 26,888 sqft
Price per Sqft $119
Subdivision Avondale
MLS Listing ID A2345605
Year Built 2004
Property Sub-Type Retail
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
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
Location
Province AB
County 0132
Zoning CA-Arterial Commercial Di
Interior
Inclusions Contact Lister
Fireplace No
Exterior
Garage No
Building
Dwelling Type Mixed Use
Others
Restrictions Call Lister
Listed by Alliance West Asset and Property Management Ltd.
Schools and Properties Nearby
Simon Francis
Agent License ID: CON-00136008
+1(306) 830-2227 | simon.francis@dk-realestategroup.com