4801 Ochre Park Rd - Freestanding FOR SALE


Redwater, AB T0A 2W0
$5,500,000 CAD
587-407-2640
4801 Ochre Park Rd, Redwater, AB for Sale
$5,500,000 CAD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

4801 Ochre Park Rd
Redwater, AB T0A 2W0


HIGHLIGHTS

  • The retail centre enjoys significant exposure to Highway 38.
  • Ample on site parking.
  • This strategic location not only enhances visibility but also positions the centre as a vital hub for the community and travelers alike.

OVERVIEW

The impressive building encompasses 5,100 square feet and is set on a generous 1.60 acres of prime land is available for sale. This asset is leased to two long-term tenants, providing a reliable and robust cash flow stream, making it an attractive investment. Anchored by the reputable Petro-Canada gas station and convenience store, the site is also complemented by the beloved Tim Hortons Café & Restaurant. With convenient drive-through capabilities, the centre caters to high volumes of traffic, ensuring prompt service for both local customers and those on the go.

FOR SALE DETAILS

PRICE

$5,500,000 CAD

PRICE/SF

$1,078 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

CC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mark BasiColliersMore Info
587-407-2640

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Mark BasiColliersMore Info
587-407-2640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.