Grande Prairie, AB T8V 6Z1,11625 &  11601 99 ST
Grande Prairie, AB T8V 6Z1,11625 &  11601 99 ST
Grande Prairie, AB T8V 6Z1,11625 &  11601 99 ST
Grande Prairie, AB T8V 6Z1,11625 &  11601 99 ST
Grande Prairie, AB T8V 6Z1,11625 &  11601 99 ST
Grande Prairie, AB T8V 6Z1,11625 &  11601 99 ST
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$4,000,000

$4,125,000

3.0%
Est.Price: ?

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Est. payment /mo

1.87 Acres Lot


SOLD DATE : 08/21/2023

Key Details

Sold Price $4,000,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Northgate

MLS® Listing ID A2037047

Sold Date 08/21/23

Originating Board Grande Prairie

Year Built 1995

Annual Tax Amount $95,068

Tax Year 2022

Lot Size 1.866 Acres

Acres 1.87

Property Description

This is a must see for any investor looking for a 10% cap rate to earn a stable return on a multi-tenant business center in the heart of Grande Prairie. This property offers 26,722 SF of leasable space directly across from the Prairie Mall and backing onto 116 Ave which offers exposure to a traffic count of over 25,000 vehicles per day. Currently with only 2,784 square feet available for lease and affordable retail locations in short supply, this location is ideal for any investor or owner/operator in the market. Call the listing Realtor© for more information or to book a showing today.

Location

Province AB

County Grande Prairie

Zoning CA

Others

Restrictions None Known

Tax ID 75909817

Ownership Private

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Listed by RE/MAX Grande Prairie

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Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS & TESTIMONIALS

Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.

Dean Hunter

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