4, 1370 Robinson Avenue, Penhold, Alberta

About 4, 1370 Robinson Avenue

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 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 3,916 (2022) 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 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.

Features of 4, 1370 Robinson Avenue

MLS® # A1055995
Price $1
Bathrooms 0.00
Acres 0.00
Year Built 2013
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 4, 1370 Robinson Avenue
Subdivision Hawkridge Estates
City Penhold
County Red Deer County
Province Alberta
Postal Code T0M 1R0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed December 22nd, 2020
Days on Market 1449
Zoning C2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Maximum

Listing Map

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