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Building Size: ±78,225 SF
Year of Construction: 2014
Number of Storeys: 2
Zoning: DC (3)
Parking: Ample underground & surface parking Titled stall for sale
Price: Contact agent to sign NDA and receive full investment sale package
COMMERCIAL CONDO BUILDING FOR SALE5002 - 55TH STREET, RED DEER, AB
Elements at River’s Edge
Mark Hartum, Principal 780.429.7557 mark.hartum@avisonyoung.com
Alexi Olcheski, Principal 403.232.4332 alexi.olcheski@avisonyoung.com
© 2017, Avison Young Real Estate Alberta Inc. All rights reserved.
E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
Paul McKay, Vice President 587.293.3365 paul.mckay@avisonyoung.com
Comments:
- Walking distance to downtown amenities; 4 blocks to central downtown
- Red Deer’s highest quality “A” Class office condos for sale
- Generous parking for staff and clients
- Office/Medical/Retail opportunities
- River views, signage opportunities, available storage, high-end residential tower adjacent to the site and quick access/egress onto Gaetz Avenue are but a few benefits
FOR SALE
FOR SALE | 5002 - 55 STREET, RED DEER, ABInvestment Opportunities - Fully leased with AAA Covenant Tenants(Government and Multi-National)
Owner/User Opportunities
UNIT SIZE (SF) STATUS
102 1,176 Vacant, base building condition
104 5,525 Vacant, base building condition Units 102 & 104 contiguous for 6,701 sf
130 3,020 Vacant, base building condition
160 2,822 Vacant, base building condition
210 9,465 Vacant, base building condition
230 2,827 Vacant, base building condition
240 3,038 Vacant, base building condition
Units 210, 230 & 240 contiguous for 15,330 sf
260 1,857 Vacant, base building condition
© 2017, Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
Image © 2016 Google
NSUBJECTPROPERTY
Taylor Drive
50 (Gaetz) A
ve
55 Street
50 Avenue G
aetz Avenue
48 Avenue
55 Street
DOWNTOWN
Tenant Size Parking & Parking cost per Year Term Annual NOI
Unit 201 13,179 sf 19 underground stalls August 1 2014 - July 31 2019 $ 363,240.15 35 surface August 1 2019 - July 31 2024 $ 342,654.00
Unit 101A 3,600 sf 9 surface stalls Jan 15 2014 - Jan 14 2019 $ 106,740.00
3 underground stalls Jan 15 2019 - Jan 14 2024 $ 97,200.00 15 surface stalls
Unit 103 1,954 sf 6 surface & 1 underground stall May 1 2015 - April 30 2020 $ 54,156.00
1 underground stall May 1 2020 - April 30 2025 $ 52,758.00
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FOR SALE STAND ALONE COMMERCIAL BUILDING4112 - 4 STREET NW, CALGARY, AB
Main Floor
2nd Floor
Mark Hartum, Principal 780.429.7557 mark.hartum@avisonyoung.com
Alexi Olcheski, Principal 403.232.4332 alexi.olcheski@avisonyoung.com
© 2017, Avison Young Real Estate Alberta Inc. All rights reserved.
E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
Paul McKay, Vice President 587.293.3365 paul.mckay@avisonyoung.com
Paul McKay, Vice President 587.293.3365 paul.mckay@avisonyoung.com
Alexi Olcheski, Principal 403.232.4332 alexi.olcheski@avisonyoung.com
Eric Demaere, Associate 587.293.3366 eric.demaere@avisonyoung.com
Spencer Duff, Associate 403.232.4387 spencer.duff@avisonyoung.com
STAND ALONE COMMERCIAL BUILDING FOR SALE5002 - 55TH STREET, RED DEER, AB
© 2016, Avison Young Real Estate Alberta Inc. All rights reserved.
E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
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