Mike Williamson
(403) 343-3023
Salomons Commercial
403-343-3023
202, 4711 51 Avenue
Red Deer , Alberta T4N 6H8
Red Deer , Alberta T4N 6H8
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202, 4711 51 Avenue For Lease
$18
Brand new office lease opportunity, this subject space represents approx one quarter of the building's 2nd floor and is ready for Tenant improvements. Currently the entire floor is an open shell space, offering flexible demising options for businesses of many sizes. Potential for up to a $40/sf Tenant Improvement Allowance for qualified tenants on a long term lease. The second floor features large windows on three sides, providing an abundance of natural light. Washrooms are to be rebuilt and there are plans for an elevator to be installed, allowing for complete accessibility. Common areas are planned to be styled with a high modern finish that will be completed all throughout the office building. Under new ownership and management, this property is undergoing significant redevelopment to the 2nd floor and north wing. Further improvements include a facelift, and plans for upgraded common areas complete with new flooring treatment, paint & decorative wall trim. Current estimated NNN is $10.00/sf, which includes all utilities. Square footage and unit number are subject to adjustment during finalizing of a Lease and upon completion of the redevelopment in the building. Please note one of the photos is a rendering of the main floor common area.
Transaction Type
For Lease
For Lease
Days On Market
529
529
Lot Size (Acres)
0.96
0.96
Lease Amount
18.00
18.00
Lease Frequency
Annually
Annually
Zoning
C1
C1
Subdivision
Downtown Red Deer
Downtown Red Deer
Structure Type
Office
Office
Property Type
Commercial
Commercial
Property Sub Type
Office
Office
Legal Plan
7920341
7920341
Building Area (Sq. Ft.)
2500.00
2500.00
Building Area (Sq. M.)
232.26
232.26
Lot Size (Sq. Ft.)
41954
41954
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
Call Lister
Call Lister