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7727 50 Av

21,098 SF 48% Leased Retail Building Red Deer, AB T4P 1M7 £800,407 (£38/SF)

Executive Summary

This highly visible strip mall, located along 50th Avenue, is available for sale. The building is 21,098 SF and there are 9 units varying in size, each with their own washrooms. Some units include kitchenettes, as well as storage mezzanines. There are (7) 12' x 14' overhead doors along the rear of the building. The fully paved property is 1.41 acres with ample parking available on site and pylon signage for tenants. This is an excellent value added opportunity to own a commercial mixed-use property with great visibility.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
21,098 SF
Building Class
B
Year Built
1978
Price
£800,407
Price Per SF
£38
Percent Leased
48%
Tenancy
Multiple
Number of Floors
1
Loading Docks
10 Exterior
Building FAR
0.34
Lot Size
1.41 AC
Zoning
C4
Parking
51 Spaces (2.42 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2
  • 2,545 SF
  • Industrial
  • -
  • Now

Located along 50th Avenue, this 2,545 SF rear facing end unit is available for lease. There is a front reception area, one washroom, and an additional storage space with a 12' x 14' overhead door. The separate shop space includes a second 12' x 14' overhead door and a storage mezzanine. The entire property is fully paved with ample parking and pylon signage available. Additional Rent is estimated at $6.00 per square foot for the 2024 budget year.

  • 3
  • 4,975 SF
  • Industrial
  • -
  • Now

This highly visible 4,975 SF unit, located along 50th Avenue, is available for lease. There is a front reception area, showroom, and a front office, as well as two washrooms, additional private offices, and a staff kitchen/lunchroom. The large shop space includes (1) 12' x 14' overhead door and a storage mezzanine. The entire property is fully paved with ample parking and pylon signage available. Additional Rent is estimated at $6.00 per square foot for the 2024 budget year.

  • 5
  • 3,392 SF
  • Industrial
  • -
  • Now

This highly visible 3,392 SF unit, located along 50th Avenue, is available for lease. The unit features a front reception area and showroom, front office, one washroom, and a storage area with a 12' x 14' overhead door. There is a separate shop bay with a second 12' x 14' overhead door and a mezzanine with a kitchenette. The entire property is fully paved with ample parking and pylon signage available. Additional Rent is estimated at $6.00 per square foot for the 2024 budget year.

Space Size Space Use Position Available
2 2,545 SF Industrial - Now
3 4,975 SF Industrial - Now
5 3,392 SF Industrial - Now

2

Size
2,545 SF
Space Use
Industrial
Position
-
Available
Now

3

Size
4,975 SF
Space Use
Industrial
Position
-
Available
Now

5

Size
3,392 SF
Space Use
Industrial
Position
-
Available
Now

2

Size 2,545 SF
Space Use Industrial
Position -
Available Now

Located along 50th Avenue, this 2,545 SF rear facing end unit is available for lease. There is a front reception area, one washroom, and an additional storage space with a 12' x 14' overhead door. The separate shop space includes a second 12' x 14' overhead door and a storage mezzanine. The entire property is fully paved with ample parking and pylon signage available. Additional Rent is estimated at $6.00 per square foot for the 2024 budget year.

3

Size 4,975 SF
Space Use Industrial
Position -
Available Now

This highly visible 4,975 SF unit, located along 50th Avenue, is available for lease. There is a front reception area, showroom, and a front office, as well as two washrooms, additional private offices, and a staff kitchen/lunchroom. The large shop space includes (1) 12' x 14' overhead door and a storage mezzanine. The entire property is fully paved with ample parking and pylon signage available. Additional Rent is estimated at $6.00 per square foot for the 2024 budget year.

5

Size 3,392 SF
Space Use Industrial
Position -
Available Now

This highly visible 3,392 SF unit, located along 50th Avenue, is available for lease. The unit features a front reception area and showroom, front office, one washroom, and a storage area with a 12' x 14' overhead door. There is a separate shop bay with a second 12' x 14' overhead door and a mezzanine with a kitchenette. The entire property is fully paved with ample parking and pylon signage available. Additional Rent is estimated at $6.00 per square foot for the 2024 budget year.

Nearby Major Retailers

Boston Pizza
Jazzercise
Joey's Restaurant
Hertz Equipment Rental
Tim Hortons
Cora
  • Listing ID: 33138851

  • Date on Market: 11/09/2024

  • Last Updated:

  • Address: 7727 50 Av, Red Deer, AB T4P 1M7

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