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11230 Westgate Dr
Grande Prairie, AB T8V 7H1
Westgate Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- List Price: $4,300,000
- Occupancy: 100% leased to Five Guys and Ace Liquor
- Built: 2011 | Zoning: CA (Arterial Commercial)
- Building Size: 7,395 SF on 0.79 acres
- Weighted Average Lease Term: 8.3 years
- Traffic Exposure: 16,583 AADT along 108 Street
EXECUTIVE SUMMARY
Westgate Plaza presents an exceptional NNN investment opportunity with a list price of $4,300,000. The asset is 100% occupied with two established tenants—Five Guys and Ace Liquor—providing a reliable income stream and strong corporate covenants. The plaza encompasses 7,395 square feet of leasable area on a 0.79-acre site, offering approximately 36 surface parking stalls. Built in 2011 and zoned CA (Arterial Commercial), the property is well-positioned to serve both local residents and regional visitors.
The location offers exceptional visibility along 108 Street and convenient access to Highway 43, connecting to major retail and service destinations in Grande Prairie. With a 2025 tax levy of $58,939 and stable tenancy, Westgate Plaza represents a turnkey investment with strong fundamentals in a growing market.
The location offers exceptional visibility along 108 Street and convenient access to Highway 43, connecting to major retail and service destinations in Grande Prairie. With a 2025 tax levy of $58,939 and stable tenancy, Westgate Plaza represents a turnkey investment with strong fundamentals in a growing market.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
7,395 SF
Building Class
B
Year Built
2011
Price
$4,300,000 CAD
Price Per SF
$581.47 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.79 AC
Zoning
CA - Arterial Commercial
Parking
38 Spaces (5.14 Spaces per 1,000 SF Leased)
Frontage
257’ on Westgate Drive
AMENITIES
- Signage
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