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Penhold,AB T0M1R0
$ 1
- Bed
- Bath
1855 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 1,855 sqft
Subdivision Hawkridge Estates
MLS Listing ID A1055995
Originating Board Central Alberta REALTORS® Association
Year Built 2013
Property Description
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. Free rent (Base Rent & Triple Nets) 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:24570)
Location
Province AB
Exterior
Garage No
Waterfront No
View Y/N No
Others
Acceptable Financing Monthly
Listing Terms Monthly