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