Curtis Leonhardt Phone: 604-638-1999 Email: [email protected]

For questions about municipal activities such as zoning, land-use, permits, incentives
Ben Young, Director of Investment Attraction, City of Lethbridge 403-331-0022 | [email protected] https://chooselethbridge.ca/

For questions about government programs and investing in Alberta Email: [email protected]

Marcus & Millichap REIS Canada Inc. is pleased to present for acquisition a 100% freehold interest in a Portfolio comprised of three properties, 1201 2A Avenue N, 104 13 Street N, and 225 28 Street N, Lethbridge, Alberta (collectively, the “Portfolio” or the “Properties”; individually the “Subject Property”), located in Lethbridge Alberta. The Portfolio provides an investor the unique opportunity to acquire three stable income producing properties, all within a close proximity to one another providing operational efficiencies and synergies. Located within the heart of Lethbridge, each of the Subject Properties is exceptionally located with convenient access to many major amenities, educational institutions, and major transportation routes. The Portfolio is comprised of 105,332 square feet of retail, industrial, and limited office space, with a combined site size of 7.12 acres.

Building Overview

Strong tenant roster secured on longstanding leases, with nationally recognized tenants including: FedEx, Dollarama, H&R Block, M&M Food Market, Aaron’s, and Day & Ross . The Portfolio combined contains a strategic mix of retail, industrial, and office space. Opportunity to increase the overall cash-flow and realize upside by strategic lease-up of vacant spaces. The Properties are positioned within an 800m radius of one-another, providing operational efficiencies. The Properties are exceptionally located, all with access and exposure to major roadways and thoroughfares such as 2 Avenue N, Highway 3, and 13 Street N.

Details
Available Space: 12398ft²
Price: $17,050,000
Space Parking Spaces: 30
Space Year Built: 1996
Space Zoning: C-G General Commercial
Lot Size Units: SF
Space Types: Office / Retail / Industrial
Suite Floor: 1
Total Floors: 1
Building Size Sf: 12398
Property Types: Retail / Other
Property Parking Spaces: 30
Property Year Built: 1996
Property Zoning: C-G General Commercial

Brochure(s)

Infrastructure Details
Note: distances are in straight line, rather than driving distances
Nearest highways:
  • Highway 3 - Less than 1 km (High Load Corridor)
  • Highway 5 - 2.42 km
  • Highway 4 - 5.39 km (High Load Corridor)
  • Highway 509 - 10.72 km
  • Highway 508 - 13.3 km
Nearest hospital:
  • Chinook Regional Hospital - 2.38 km
Nearest airports:
  • Regional: Lethbridge Airport - 8.06km
  • International: Calgary International Airport - 179.75km
Nearest Historic Site
  • Historic site designation: 5ap
  • HRV(5): high potential to contain a historic resource
  • Category (ap): archaeological, palaeontological
Nearest powerlines:
  • AltaLink - 207L 138kv - 0.76 km
Nearest substations:
  • COALBANKS - 111S , City of Lethbridge - 1.15 km
  • NORTH LETHBRIDGE - 370S , AltaLink - 3.62 km
Nearest irrigation systems:
  • Within 2.75 km
Nearest railways:
  • Canadian Pacific, Class : Main - 0.44 km
Nearest gas franchise area:
  • ATCO Gas - City Of Lethbridge
Nearest Power Plant:
  • Monarch (MON1), Concord Monarch Partnership - 17.93 km
    Solar, 24 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
Grain CP Lethbridge Cargill
  • Grain
0.33 KM
Yard CP Lethbridge Yard Canadian Pacific
4.68 KM
Yard CP Kipp Yard Coalhurst Canadian Pacific
11.23 KM
Grain CP Lethbridge Viterra
  • Grain
18.15 KM
Grain CP Wilson Parrish & Heimbecker Ltd
  • Grain
18.15 KM
Highways
Airports
Railways
Rail Stations
Powerlines
Substations
Irrigation

Community Economic Highlights: Lethbridge, AB
...
Lethbridge had a 5-year population growth rate of 12.43%, among the highest in Alberta.
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Lethbridge's workforce is specialized in Manufacturing, Educational Services and Health Care.
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Cavendish Farms chose Lethbridge to invest $430M in their Frozen Potato Processing Plant Project.

Community Economic Details: Lethbridge, AB
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