Average square foot calculated using Size range provided by listing agent.
Description
Very visible and desirable location on the highway between Red Deer and Penhold. Newer well maintained attractive building with ample ground level parking for customers. Current tenants are Canada Post and a retail Cannabis Store creating strong pedestrian traffic. Building is located adjacent to new commercial center with Tim Horton's, Subway, pharmacy, grocery store, doctor & dentist offices, liquor store, gas station, child care etc. Space suitable for yoga/fitness studio, pub &/or restaurant. Penhold is a growing area located 7 minutes South of Red Deer with a population of approximately 3, 854 (2024) and a trading area of 130, 000. Current NNN is approximately $7.60 per sq. Ft. Prefer a 5 year lease with escalations to be negotiated. Landlord open to completing improvements for qualified tenant. Property taxes are included in NNN costs. Basic Rent free (Base Rent) for the 1st 6 months of a 5 year lease. This unit can be combined with unit #4 for a total sq. Footage of 3, 710 sq. Ft. Landlord prepared to provide lease and improvement inducements for the right tenant.Show Description
MLS® NumberA1055971
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2013
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/C
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing