Property Description

Very visible and desirable corner unit on highway between Red Deer and Penhold. Newer and well maintained attractive building with ample ground level parking for customers. Current tenants are Canada Post and Lux Leaf. Building is located adjacent to new commercial center with Tim Hortons, Subway, pharmacy, grocery store, etc. Penhold is a growing area located 7 minutes south of Red Deer with a population of approximately 3,916 (2022) in the immediate trading area. Current NNN is approximately $7.60 per SQ FT. Prefer a 5 year lease with escalations to be negotiated. Property Taxes are for the whole building. Landlord prepared to provide lease and improvement inducements for the right tenant.

Address Map
Alberta
Red Deer County
Penhold
T0M 1R0
Robinson
1370
Avenue
0
W114° 7' 44.2''
N52° 8' 22.2''
MLS Addon
Century 21 Maximum
Split Level
$0
Monthly
Carpet,tile,vinyl
Active
Retail
E
Sw
02/11/2023 14:02:31

Commercial For Lease

1370 Robinson Avenue, Penhold, Alberta T0M 1R0

$18
Listing ID #A1230878
Basic Details
Property Type : Commercial
Listing Type : For Lease
Listing ID : A1230878
Price : $18
Building Area Total SF : 1,260 Sqft
Year Built : 2013
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