For Lease · Retail

C, 3440 50 Avenue, Red Deer

C, 3440 50 Avenue, Red Deer, AB T4N3Y4

$25 Yearly

990 SF

Asset Class

Retail

Size

990 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

$0

Occupancy

95%

Year Built

1993

Lot Size

0.27548209366391185 ac

About this property

High-visibility retail opportunity on Gaetz Avenue, just north of the Red Deer Resort & Casino—one of Red Deer’s busiest commercial corridors. Excellent exposure, strong traffic counts, and ample on-site parking. Features large front display windows for maximum signage and natural light. T-bar ceiling and fluorescent lighting throughout. Open floor plan offers flexibility for a wide range of retail or professional uses. NNN is $11.50/sqft. Pylon and building signs rent combined is $200/month + GST. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$25
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

5.86%

DSCR

1.32

Going-in cap

7.30%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters400 SF2034-01
Prairie Coffee Roasters400 SF2033-01
Prairie Coffee Roasters400 SF2033-01
Prairie Coffee Roasters400 SF2033-01

Area demographics

Trade area within 3 miles of the property.

Population

141,134

Households

63,876

Median income

$105,500

Median age

35.6

Daytime population

129,872

5-yr growth

4.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for C, 3440 50 Avenue, Red Deer.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.