$1.00 1,855 Sq.ft

3, 1370 Robinson Avenue , Penhold. T0M 1R0

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 3,706 (2023) 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.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A1055971
City:Penhold
Neighbourhood:Hawkridge Estates
Province:Alberta
Building/Unit Size: 1,855 sq.ft
Land Size:0.00 Acre
Listing Price:$1.00
Lease Rate: $1.00
Business Type:
Property Subtype:Retail
Transaction Type:For Lease
Land Use Code:C2
Listing Contract Date:2020-12-22

For fast response, please email us via the “Inquiry Via Email” button with your contact information.

To purchase a business or property, please visit "Our People", to find a commercial expert who specializes in the type of business or property you are looking for, speaks your language, and has an office in your city.

This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Century 21 Maximum" listing brokerage.

Google map