Property Details

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8, 4622 61 Street
Red Deer (A2292035)

$9 per sq.ft.
6,556 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

A multi-tenant building in the central and desirable location of Riverside Light Industrial Park. Parking at the front of the building is paved with 2 loading docks on the side of the building. Unit consists of 2 offices, front retail space, 2 washrooms and the rest is warehouse/open space. Open/warehouse space offers flexibility for use/operations. Electrical consists of Phase 3 – 100 amp-power. Heating for the warehouse is supplied by a suspended gas fired unit heater. Front retail space and office are heated with a gas furnace. Base Rent is $9.00 per sq. ft. per year with escalations assuming 5-year lease. For a qualified Tenant the 1st year of a 5-year lease will be $6.00 per sq. ft. NNN is $4.80 per sq. ft. for 2026. Property taxes are included in Triple Net Costs.

Property details

Basic Info

MLS® #
A2292035
Property Type:
Commercial
Subtype:
Industrial
Subdivision:
Riverside Light Industrial Park
Price
$9 per sq.ft.
Sale/Lease:
For Lease
Size:
6,556 sq.ft.
Year Built:
1980 (46 years old)

Building Info

Structure Type:
Industrial
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A

Lot / Land Info

Lot Size:
2.50 acres
Zoning:
I-C

Listing Info

Possession:
Immediate
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Grassroots Realty Group Ltd.
1-833-477-6687

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