5303 48 Ave - Storefront Retail/Residential FOR SALE


Redwater, AB T0A 2W0
$2,500,000 CAD
780-909-5646
5303 48 Ave, Redwater, AB for Sale
$2,500,000 CAD
Storefront Retail/Residential - FOR SALE
1/17
null | Request Cap Rate

5303 48 Ave
Redwater, AB T0A 2W0


OVERVIEW

NAI Commercial Real Estate has been retained by the Court of King’s Bench of Alberta on an exclusive basis to arrange for the Judicial sale of a unique multi-tenant investment property prominently located on 48 Avenue (Highway 38) in Redwater. The centre has a complimentary mix of retail and residential tenancies. The property provides an excellent opportunity for a portion of the asset to be occupied by a medical, professional or retail owner user. - Rare opportunity for investors and/or professional & retail users to occupy and secure a high profile income producing asset in Redwater - Staggered lease terms with community driven tenant mix and built in rent escalations - Marquee corner site offering high exposure to 3,660± vehicles per day on Highway 38 (48 Avenue)

FOR SALE DETAILS

PRICE

$2,500,000 CAD

PRICE/SF

$114 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Redwater Centre

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,287 SF

ZONING

C2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Vincenzo CaputoNAI CommercialMore Info
780-909-5646

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Vincenzo CaputoNAI CommercialMore Info
780-909-5646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.