Unit #300, 305, 312 301 Shoppers PK Mall , Grande Cache, T0E 0A6 MLS® A2245787
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE $3,400,000.00
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FOR SALE: Shoppers Park Mall – Fully Leased Retail Asset Anchored by Clasik Home Hardware
List Price: $3,500,000
Address: 300, 305 & 312 Shoppers Park Mall, Grande Cache, Alberta
Now fully occupied by Clasik Home Hardware, this enclosed retail centre offers a rare opportunity to acquire a stabilized, income-producing commercial investment in the heart of Grande Cache’s main commercial corridor. With approximately 20,992 square feet of main floor retail space and an additional 2,229 square feet of finished mezzanine office space, the property provides functionality, excellent visibility, and long-term income security. The building sits on an approximately 27,903 square foot site and is zoned C1 (Commercial Town Centre), allowing for a wide range of permitted uses.
The property underwent a substantial renovation and expansion in 2013/2014, with a major roof upgrade completed in 2019/2020 at a cost of $210,000. The asset is in good overall condition, with an effective age of approximately 15 years and an estimated remaining economic life of 35 to 40 years. Clasik Home Hardware occupies 100% of the space under a triple net lease, covering all operating costs including taxes, insurance, and maintenance. The current net operating income is estimated at $285,613, which reflects a cap rate of approximately 8.16% based on the asking price.
Located in the high-traffic Pine Plaza area, the property benefits from direct access to Highway 40 and is surrounded by other retail, hotel, and service-oriented developments. The adjacent parking lot is owned by the municipality, providing convenience to customers without additional maintenance obligations for the owner.
This is an excellent opportunity for investors seeking a fully leased, low-maintenance retail asset with a strong national tenant and reliable cash flow in a stable Alberta market.
DOWNLOAD Feature sheet
ESSENTIAL
| MLS®: | A2245787 |
| Price: | 3,400,000.00 |
| Type: | Commercial |
| Sub Type: | Retail |
| Restrictions | None Known |
| DOM | 131 |
INTERIOR SNAPSHOT
| Sq Ft: | 23,221 |
COMMUNITY DETAILS
| Address: | Unit #300, 305, 312 301 Shoppers PK Mall , Grande Cache, Alberta T0E 0A6 |
| City: | Grande Cache |
| County: | Greenview No. 16, M.D. of |
| Province: | Alberta |
| Postal Code: | T0E 0A6 |
| School: | Schools |
| Housing: | Housing Market |
| Statistics: | Real Estate Statistics |
EXTERIOR
| Year Built: | 1969 |
| Structure Type: | Retail |
| Zoning: | C1 |
ROOM DIMENSIONS
Courtesy: RE/MAX Grande Prairie
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December 20th 10:00am
Property Overview Unit #300, 305, 312 301 Shoppers PK Mall , Grande Cache, Alberta, T0E 0A6
This new listing is a Commercial located at Unit #300, 305, 312 301 Shoppers PK Mall , Grande Cache MLS® A2245787 in Grande Cache has 0 bedrooms, 0 bathrooms, approximately 0 Sq. Ft. priced at $3,400,000. View location on Google maps, compare real estate statistics, Open Houses, just listed, crime statistics, golf course homes, local parks more information on community of Grande Cache real estateFAQs Unit #300, 305, 312 301 Shoppers PK Mall , Grande Cache, Alberta, T0E 0A6
Unit #300, 305, 312 301 Shoppers PK Mall MLS® A2245787 has an approximate size of 0 Sq. Ft. located in Grande Cache.
Nearby schools include read Schools & resources
There are 0 bedrooms and 0 bathrooms in this Commercial listing at Unit #300, 305, 312 301 Shoppers PK Mall , MLS® A2245787.
This Commercial listings is priced at $3,400,000.
This property is located at Unit #300, 305, 312 301 Shoppers PK Mall , Grande Cache, Alberta, T0E 0A6 in the Grande Cache community on the market for 131 days. View location on Google maps.
You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Grande Cache community resources page.
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