4806 Av 51 - Office FOR SALE


Red Deer, AB T4N 4H3
$1,350,000 CAD
587-802-0701
4806 Av 51, Red Deer, AB for Sale
$1,350,000 CAD
Office - FOR SALE
1/11
null | 7.18% Cap Rate

4806 Av 51
Red Deer, AB T4N 4H3


OVERVIEW

Opportunity to acquire a turnkey investment in the heart of Red Deer’s vibrant downtown core Well maintained office building is located on Hwy 2A, offering excellent visibility and accessibility 100% leased with true NNN leases, ensuring that tenants cover all operating costs Largest tenant has been in place for over 20 years, adding stability to this exceptional asset Recent upgrades include 4 new HVAC systems and new LED lighting with electrical work , completed in 2022, reducing operating expenses and enhancing energy efficiency

FOR SALE DETAILS

PRICE

$1,350,000 CAD

PRICE/SF

$169 CAD /SF

CAP RATE

7.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rohit BrarRoyal LePage SolutionsMore Info
587-802-0701

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Rohit BrarRoyal LePage SolutionsMore Info
587-802-0701

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