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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 SALE 5002 - 55TH STREET, RED DEER, AB Elements at River’s Edge Mark Hartum, Principal 780.429.7557 [email protected] Alexi Olcheski, Principal 403.232.4332 [email protected] © 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 [email protected] 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

COMMERCIAL CONDO BUILDING FOR SALE€¦ · - Red Deer’s highest quality “A” Class office condos for sale - Generous parking for staff and clients - Office/Medical/Retail opportunities

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Page 1: COMMERCIAL CONDO BUILDING FOR SALE€¦ · - Red Deer’s highest quality “A” Class office condos for sale - Generous parking for staff and clients - Office/Medical/Retail opportunities

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 [email protected]

Alexi Olcheski, Principal 403.232.4332 [email protected]

© 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 [email protected]

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

Page 2: COMMERCIAL CONDO BUILDING FOR SALE€¦ · - Red Deer’s highest quality “A” Class office condos for sale - Generous parking for staff and clients - Office/Medical/Retail opportunities

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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Page 3: COMMERCIAL CONDO BUILDING FOR SALE€¦ · - Red Deer’s highest quality “A” Class office condos for sale - Generous parking for staff and clients - Office/Medical/Retail opportunities

FOR SALE STAND ALONE COMMERCIAL BUILDING4112 - 4 STREET NW, CALGARY, AB

Main Floor

2nd Floor

Mark Hartum, Principal 780.429.7557 [email protected]

Alexi Olcheski, Principal 403.232.4332 [email protected]

© 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 [email protected]

Page 4: COMMERCIAL CONDO BUILDING FOR SALE€¦ · - Red Deer’s highest quality “A” Class office condos for sale - Generous parking for staff and clients - Office/Medical/Retail opportunities

Paul McKay, Vice President 587.293.3365 [email protected]

Alexi Olcheski, Principal 403.232.4332 [email protected]

Eric Demaere, Associate 587.293.3366 [email protected]

Spencer Duff, Associate 403.232.4387 [email protected]

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.