$3,400,000.00 12,670 Sq.ft

9 Hawkridge Boulevard, Penhold. T0M 1R0

Description

Great investment opportunity for this busy fully leased strip mall in the thriving town of Penhold. This well constructed strip mall was built in 2014 (HAWKRIDGE MARKET SQUARE) on 1.19 acres the corner of highway 2a and Hawkridge Blvd. ( also one block from highway 42 that accesses highway QE2) in a busy shopping centre with numerous tenants in the surrounding CRU properties including Canada Post, IGA, Dairy Queen, Tim Hortons, Subway, IDA, Dentist, Doctors office etc. Penhold is a booming town located 7 minutes from Red Deer, with the relatively recent addition of a Multiplex, new High school, new residential subdivision. Population in the immediate trading area is close to 3000 people and growing with more than 6000 cars drive by everyday seasonally. The building is divided into 10 separate units each with their own HVAC (some tenants occupy more than one unit). Total building square footage is 12670 sq. ft. Tenants include Antler Hill Veterinarian Clinic, Blair's Liquor Store, Piece By Piece Nutrition Inc. , Mullets Barber Shop, Arashi Do Martial arts, Organic Oasis Spa & Salon Ltd. and SPAWS Pet Grooming. This is the only strip mall in the immediate shopping district which can operate a liquor store (restrictive covenant for surrounding retail in place).

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A1254751
City:Penhold
Neighbourhood:Hawkridge Estates
Province:Alberta
Building/Unit Size: 12,670 sq.ft
Land Size:1.19 Acre
Listing Price:$3,400,000.00
Lease Rate: $0.00
Business Type: Animal Grooming,Barber/Beauty,Deli/Catering,Fitness,Food & Beverage ,Liquor Store ,Pet Store ,Travel Animal Grooming, Barber/Beauty, Deli/Catering, Fitness, Food & Beverage , Liquor Store , Pet Store , Travel
Property Subtype:Mixed Use
Transaction Type:For Sale
Land Use Code:C2-HIGHWAY COMMERCIAL
Listing Contract Date:2022-09-01

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RCR - Royal Carpet Realty Ltd." listing brokerage.

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