Transaction
Size
▪ Site Area: Lot 2: 1.92 Acres
Lot 3: 12.08 Acres
Features
▪ Municipal: 8010-8038, 100 Street, Grande Prairie, AB
▪ Legal: Plan 832-1251, Lot 2 & 3
▪ Site Area: Lot 2: 1.92 Acres
Lot 3: 12.08 Acres
▪ Zoning: Shopping Centre: CL (Local Commercial)
Mobile Home Park: MHC Manufacturing Home Community
FINANCIALS - CURRENT
▪ Shopping Centre Current Net Income: $151,757
▪ Mobile Park Current Net Income: $137,378
▪ Net Income: $289,135
Highlights
▪ REDEVELOPMENT OPPORTUNITY WITH SUPPORTING INCOME
▪ Shadow anchored by Safeway, surrounded by mature residential neighborhood
▪ Upside potential from lease up, additional development and under market rental rates
▪ Grand Prairie expecting Alberta’s largest population growth outside of Edmonton and Calgary
