Courtesy Of Dane Phaneuf Of Exp Realty.

12102 97 Vision West Business Park Av. Grande Prairie, AB T8W 0J7

$7,500,000

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Description

Don't miss out on this investment opportunity! Minimal Landlord responsibilities with a triple net lease in place.Currently tenanted by Wesco with 5 years remaining on the lease, this property guarantees stable cash flow. Built in 2020, the building is in exceptional condition, ensuring peace of mind for investors seeking a reliable asset. NOI = 465,476 until May 31st,2024. NOI =486,634 June 1,2025-May31st, 2030. CAP Rate Yr 1 6.2% Cap Rate Yr 2 6.48%

12102 97 Vision West Business Park Av - Subdivision Statistics

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Price per sq. ft. N/A
Median price N/A
Number of homes for sale in Centre West Business Park N/A
Number of homes for sale in Grande Prairie N/A
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Essential Information

  • MLS® #E4384151
  • Price$7,500,000
  • Square Footage21,158
  • Acres1.92
  • Year Built2020
  • TypeIndustrial

Address

12102 97 Vision West Business Park Av

Community Information

  • AreaGrande Prairie
  • SubdivisionCentre West Business Park
  • CityGrande Prairie
  • ProvinceAB
  • Postal CodeT8W 0J7

Exterior

  • ConstructionConcrete, Metal, Steel Frame

Listing information last updated on May 24th, 2024 at 11:01pm MDT.