Overview
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 3,854 (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 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.
Details
Available Space:
1855ft²
Price:
$1/ft²/month
Base Rent:
$1/ft²/month
Location Street Address:
4, 1370 Robinson Avenue
Lease Type:
direct
Space Year Built:
2013
Property Types:
Retail
Infrastructure Details
Note: distances are in straight line, rather than driving distances
Note: distances are in straight line, rather than driving distances
Nearest highways:
- Highway 2A - Less than 1 km (High Load Corridor)
- Highway 42 - Less than 1 km
- Highway 592 - Less than 1 km
- Highway 2 - 4.97 km (High Load Corridor)
- Highway 791 - 4.84 km (High Load Corridor)
Nearest hospital:
- Red Deer Regional Hospital Centre - 13.99 km
Nearest airports:
- International: Calgary International Airport - 112.69km
- Regional: Red Deer Regional Airport - 4.27km
Nearest powerlines:
- AltaLink - 1082L 240kv, Double Circuit w/ 925L - 1.49 km
Nearest substations:
- HAZELWOOD - 287S , AltaLink - 10.36 km
Nearest irrigation systems:
- Within 109.99 km
Nearest railways:
- Canadian Pacific, Class : Main - 0.28 km
Nearest gas franchise area:
- ATCO Gas - Town Of Penhold
Nearest Power Plant:
-
Innisfail (INF1), Innisfail Solar Limited Partnership - 12.57 km
Solar, 22 MW
Fibre Internet Availability:
- Ready/Available
- Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
| Type | Name | Operated By | Types of Products Shipped | Distance |
|---|---|---|---|---|
| Transload | CP Penhold | Custom Bulk Services |
|
0.64 KM |
| Yard | CP Red Deer Yard | Canadian Pacific |
|
16.86 KM |
| Transload | CN Red Deer | TRANSX |
|
19.14 KM |
| Grain | CP Bowden | Paterson Grain |
|
25.11 KM |
| Grain | CP Lacombe | Richardson Pioneer |
|
37.28 KM |
Highways
Airports
Railways
Rail Stations
Powerlines
Substations
Irrigation
Community Economic Highlights: Penhold, AB
Penhold is 3.67km from Red Deer Regional Airport.
Penhold had a 5-year population growth rate of 19.5%, among the highest in Alberta.
CP Penhold rail terminal is located in Penhold.
Community Economic Details: Penhold, AB
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| Site Data Provided by: | Pillar9 ™ |
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