Paul Ramikie, CCIM
Blackstone Commercial
Cell: 403-607-7375
ACTIVE
SOLD
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4 1370 Robinson Avenue
Hawkridge Estates Penhold T0M 1R0

$1
Commercial

Main Photo: 4 1370 Robinson Avenue: Penhold Retail for lease : MLS®# A1055995
Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
A1055995
Build. Type:
Strip Mall
Very visible and desirable location on the highway between Red Deer and Penhold. Newer and well maintained attractive building with ample ground parking for customers. Current tenants are Canada Post and a retail Cannabis store creating strong pedestrian traffic. Building is located adjacent to new commercial center with Tim Hortons, Subway, pharmacy, grocery store doctor & dentist offices, liquor store, gas station, child care, etc. Space is suitable for a Thrift Store, Retail Store, Yoga/Fitness Studio or a Pub &/or Restaurant. Penhold is a growing area located 7 minutes south of Red Deer with a population of approximately 3,854 (2024) and a trading area of 130,000. Current NNN is approximately $7.60 per sq. ft. Prefer a 5 year lease with escalations to be negotiated. Landlord open to completing improvements for qualified tenant. Property taxes are included in the NNN costs. Basic rent is free (Base Rent) for the 1st 6 months of a 5 year lease. This unit can be combined with unit #3 for a total sq. footage or 3,710 sq. ft. Landlord is prepared to provide lease and improvement inducements for the right tenant.
Property Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Lease
Lease Rate:
$1.00
Lease Payment Frequency:
Monthly
Lease Measure:
Square Feet
Possession:
Possession Date:
Building Type:
Strip Mall
Total Building Area:
1,855 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
2013 (Age: 12)
Bathrooms:
- (Full:-, Half:-)
Plan:
1323889
Structure Type:
Multi Unit
Ensuite:
No
Garage:
0
Hawkridge Estates
None Known
Num. of Parcels:
0
Region:
Red Deer County
Zoning:
C2
Listed Date:
Dec 22, 2020
Days on Mkt:
  • Photo 1: 4 1370 Robinson Avenue: Penhold Retail for lease : MLS®# A1055995
    Photo 1 of 1
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Listed by Century 21 Maximum
Data was last updated April 26, 2025 at 06:05 PM (UTC)
PAUL RAMIKIE, CCIM
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.