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4801 Ochre Park Rd

5,100 SF 100% Leased Retail Building Redwater, AB T0A 2W0 £3,036,026 (£595/SF)

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,100 SF
Building Class
B
Year Built
2020
Price
£3,036,026
Price Per SF
£595
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.07
Lot Size
1.60 AC
Zoning
CC - Commercial Corridor

Amenities

  • Bus Route
  • Air Conditioning

Nearby Major Retailers

Tim Hortons
IGA
  • Listing ID: 33776442

  • Date on Market: 06/11/2024

  • Last Updated:

  • Address: 4801 Ochre Park Rd, Redwater, AB T0A 2W0

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