4, 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 and well maintained attractive building with ample ground 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 Hortons, Subway, pharmacy, grocery store doctor & dentist offices, liquor store, gas station, child care, etc. Space is suitable for a Thrift Store, Retail Store, Yoga/Fitness Studio or a Pub &/or Restaurant. Penhold is a growing area located 7 minutes south of Red Deer with a population of approximately 3,500 and a trading area of 130,000. Current NNN is approximately $5.48 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 the NNN costs. Basic rent is free (Base Rent) for the 1st 6 months of a 5 year lease. This unit can be combined with unit #3 for a total sq. footage or 3,710 sq. ft. Landlord is prepared to provide lease and improvement inducements for the right tenant. (id:51018)

Property Details

MLS® Number A1055995
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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