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Overview

Very visible and desirable corner unit on highway between Red Deer and Penhold. Newer and well maintained attractive building with ample ground level parking for customers. Current tenants are Canada Post and Lux Leaf. Building is located adjacent to new commercial center with Tim Hortons, Subway, pharmacy, grocery store, Dairy Queen, etc. Penhold is a growing area located 7 minutes south of Red Deer with a population of approximately 3,854 (2024) in the immediate trading area. Current NNN is approximately $7.60 per SQ FT. Prefer a 5 year lease with escalations to be negotiated. Property Taxes are for the whole building. Landlord prepared to provided lease and improvement inducements for the right tenant.

Details
Available Space: 1260ft²
Price: $18/ft²/month
Base Rent: $18/ft²/month
Location Street Address: 1, 1370 Robinson Avenue
Lease Type: direct
Space Year Built: 2014
Property Types: Retail

Infrastructure Details
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 - 14 km
Nearest airports:
  • Regional: Red Deer Regional Airport - 4.28km
  • International: Calgary International Airport - 112.68km
Nearest powerlines:
  • AltaLink - 1082L 240kv, Double Circuit w/ 925L - 1.5 km
Nearest substations:
  • HAZELWOOD - 287S , AltaLink - 10.35 km
Nearest irrigation systems:
  • Within 109.98 km
Nearest railways:
  • Canadian Pacific, Class : Main - 0.27 km
Nearest gas franchise area:
  • ATCO Gas - Town Of Penhold
Nearest Power Plant:
  • Innisfail (INF1), Innisfail Solar Limited Partnership - 12.56 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
  • Steel
  • frac sand
  • bulk
  • grain
0.62 KM
Yard CP Red Deer Yard Canadian Pacific
16.87 KM
Transload CN Red Deer TRANSX
  • Metals and minerals
  • forest products
19.15 KM
Grain CP Bowden Paterson Grain
  • Grain
25.09 KM
Grain CP Lacombe Richardson Pioneer
  • Grain
37.29 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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