4806 Av 51
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
4806 Av 51
7,985 SF 100% Leased Office Building Red Deer, AB T4N 4H3 £747,408 (£94/SF) 7.18% Net Initial Yield
Executive Summary
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
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
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
7,985 SF
Building Class
B
Year Built
1980
Price
£747,408
Price Per SF
£94
Net Initial Yield
7.18%
NOI
£53,664
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,993 SF
Building FAR
1.41
Lot Size
0.13 AC
Zoning
C1
Parking
4 Spaces (0.5 Spaces per 1,000 SF Leased)
1 of 1
Walk Score ®
Walker's Paradise (90)
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
4806 Av 51
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.