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403.253.1901
4, 1370 Robinson Avenue Penhold

4, 1370 Robinson Avenue, Penhold, Alberta

$1

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.
  • Listing ID: A1055995
  • Property Type: Commercial
  • Year Built: 2013
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Listing provided courtesy of Century 21 Maximum

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    This property for sale located at 4, 1370 Robinson Avenue in Penhold was last modified on April 19th 2024. Let us connect you with one of our real estate agents to schedule a viewing or subscribe to other properties for sale in Penhold.

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              Are you under contract with a real estate agent or REALTOR®?YesNo

              You've indicated that you are currently working with a REALTOR®. Please be advised that supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

              Are you a real estate agent or REALTOR®?YesNo

              You've indicated that you are a REALTOR® looking to schedule an appointment. This is not a Royal LePage Benchmark Realty property and we cannot schedule showing requests. Please contact the listing agent.