Bill Hogg
(403) 872-3670
Century 21 Maximum
587-272-0221
3, 1370 Robinson Avenue
Penhold , Alberta T0M 1R0
Penhold , Alberta T0M 1R0
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3, 1370 Robinson Avenue For Lease
$1
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 3,854 (2024) 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.
Transaction Type
For Lease
For Lease
Days On Market
1589
1589
Lease Amount
1.00
1.00
Lease Frequency
Monthly
Monthly
Zoning
C2
C2
Subdivision
Hawkridge Estates
Hawkridge Estates
Building Type
Strip Mall
Strip Mall
Year Built
2013
2013
Structure Type
Multi Unit
Multi Unit
Property Type
Commercial
Commercial
Property Sub Type
Retail
Retail
Legal Plan
1323889
1323889
Building Area (Sq. Ft.)
1855.00
1855.00
Building Area (Sq. M.)
172.33
172.33
Restrictions
None Known
None Known
Reports
Site Plans
Site Plans