Property view at 11706 104 Avenue  , Grande Prairie - Commercial investment property with 19,784 sqft - Photo 1 of 2 | Calgary real estate investment
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11706 104 Avenue

Grande Prairie, Alberta T8V 6K3
MLS® A2215898167 days on marketListed May 9, 2025
Exclusive Offering
$4,850,000
19,784Living Space
2018Year Built

Property Overview

Seize the opportunity to own a stable, income-generating investment in the bustling Westgate area of Grande Prairie. 'Westgate Landing' is a multi-tenant commercial building is fully leased to an excellent mix of professional, office, health and beauty tenants.

Situated in a high-visibility, high-traffic location just across from Canadian Tire, built in 2020, this property delivers immediate and consistent cash flow for investors.

Whether you're a seasoned investor or looking to diversify your portfolio, this turnkey property offers everything you need: stability, cash flow, and upside potential.

Priced at approx. 7.5% cap rate.

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft
$245/sqft
Below Calgary average - potential value opportunity

Investment Considerations

Modern Property: Good balance of modern amenities and reasonable pricing. Typically lower maintenance.
Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Commercial Investment: Evaluate rental demand and property management requirements for this property type.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.