3, 1370 Robinson Avenue Penhold, Alberta T0M 1R0

1855 sqft

$1 / ft2

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, Insurance Broker and a retail Cannabis Store creating strong pedestrian traffic. Building is located adjacent to new commercial center with Tim Horten, 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 3.300 and a trading area of 130,000. Current NNN is approximately $5.48 per sq. ft. for 2021. 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. (id:51018)

Property Details

MLS® Number A1055971
Property Type Retail
Community Name Hawkridge Estates
Plan 1323889


Basement Type Unknown
Constructed Date 2013
Size Exterior 1855 Sqft
Size Interior 1855 Sqft
Total Finished Area 1855 Sqft
Type Retail


Acreage No
Size Total Text Unknown
Zoning Description C2



Contact us for more information

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Dale Devereaux

(403) 506-2121

Century 21 Maximum
3617f - 50 Avenue
Red Deer, Alberta T4N 3Y5

(587) 272-0221

Bill Hogg

(403) 872-3670

Century 21 Maximum
3617f - 50 Avenue
Red Deer, Alberta T4N 3Y5

(587) 272-0221

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