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Vacant-User

8502 Resources Road

8502, Grande Prairie, AB T8V 7Y2

Listing Price: $2,500,000

Cap Rate
6.25%
Gross SF
2,850
Rentable SF
2,850
Price/Gross SF
$877.19
Lot Size
0.49 acres
Year Built
2018

Investment Overview

The Vendor has exclusively retained Marcus & Millichap REIS Canada, Inc. to facilitate the sale of 8502 Resources Road, Grande Prairie, Alberta (the "Subject Property"). The Subject Property is a newly built, single-tenant, carefree NNN asset, secured by a long-term lease with a multi-store franchisee, under a well-known national banner.

Investment Highlights

  • Leased on a long-term, NNN and carefree basis to a multi-store franchisee, operating under a well-known national banner
  • Being offered free and clear of debt - allowing investors to take advantage of attractive financing
  • Positioned within a recently completed bare-land condo/strata development with a strong cross-section of daily needs service retailers inclusive of Starbucks, Circle K, and Subway

Exclusively Listed By

Listing Price: $2,500,000

Cap Rate
6.25%
Gross SF
2,850
Rentable SF
2,850
Price/Gross SF
$877.19
Lot Size
0.49 acres
Year Built
2018

Investment Highlights

  • Leased on a long-term, NNN and carefree basis to a multi-store franchisee, operating under a well-known national banner
  • Being offered free and clear of debt - allowing investors to take advantage of attractive financing
  • Positioned within a recently completed bare-land condo/strata development with a strong cross-section of daily needs service retailers inclusive of Starbucks, Circle K, and Subway

Investment Overview

The Vendor has exclusively retained Marcus & Millichap REIS Canada, Inc. to facilitate the sale of 8502 Resources Road, Grande Prairie, Alberta (the "Subject Property"). The Subject Property is a newly built, single-tenant, carefree NNN asset, secured by a long-term lease with a multi-store franchisee, under a well-known national banner.

Exclusively Listed By

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