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1.41 Acres Lot
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Rent
Subdivision Northlands Industrial Park
MLS® Listing ID A2203900
Originating Board Central Alberta
Year Built 1978
Annual Tax Amount $39,638
Tax Year 2024
Lot Size 1.410 Acres
Acres 1.41
Property Sub-Type Mixed Use
Property Description
Excellent location with terrific exposure and visibility to heavily travelled Gaetz/50 Avenue. Multi-tenant building suitable for product distribution, contractor sales, contractors, etc. Large rear warehouse &/or shop space with easy access from the paved rear lot with some parking available (width of the bay rented). Retail or product display area in front of the unit. Lots of front customer parking with easy access from 78th Street and Gaetz/50 Avenue. This unit is ready to be developed for your needs with the ability to add mezzanine in the rear area. Landlord assistance with development to be determined based on covenant and term of lease. The front of the building will be upgraded in 2025 including a high visibility sign band. Refer to documents for rendering. Base Rent is $10.00 per square foot per year with escalations assuming 5 year lease. NNN Costs are approximately $6.00 per sq. ft. for 2025. Property taxes are included in Triple Net Costs.
Location
Province AB
County Red Deer
Zoning C4
Others
Restrictions None Known
Tax ID 91210981
Ownership Other
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Listed by Century 21 Maximum