Property Details

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Featured in:

Winners:

3, 1370 Robinson Avenue
Penhold (A1055971)

$1 per sq.ft.
1,855 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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 3,916 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.

Property details

Basic Info

MLS® #
A1055971
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Hawkridge Estates
Price
$1 per sq.ft.
Sale/Lease:
For Lease
Size:
1,855 sq.ft.
Year Built:
2013 (11 years old)

Building Info

Structure Type:
Multi Unit
Garage:
No
Fence:
Basement:
No

Lot / Land Info

Zoning:
C2

Listing Info

Possession:
Immediate,Negotiable
Days on Market:
1,210
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Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

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