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Executive Summary

Investment Highlights:
Exceptional opportunity to acquire a fully stabilized, income-producing commercial asset in one of Red Deer’s most established commercial corridors. Strategically located at 2810 Bremner Avenue, adjacent to Bower Place Mall and just off Gaetz Avenue (Highway 2A), this high-exposure property offers strong accessibility, excellent surrounding amenities, and long-term investment stability.
Why Investors Will Like This Asset:
- Strong in-place cash flow with stabilized, diversified tenancy
- Prime location in one of Red Deer’s busiest commercial nodes
- Direct exposure to Gaetz Avenue (Hwy 2A) with excellent access
- Adjacent to Bower Place Mall, Red Deer’s premier regional shopping destination
- Extensively repositioned and upgraded in 2018, minimizing near-term capex risk
- Medical-anchored tenancy offering stable, recession-resilient income
- Below replacement cost opportunity with strong barriers to entry
- Surrounded by major retailers, hospitality, and service-oriented businesses
- Convenient regional connectivity: 4 minutes to Downtown Red Deer, approx. 1.3 hours to Calgary and 1.4 hours to Edmonton
Investment Summary:
2810 Bremner Avenue presents a compelling opportunity to acquire a high-quality, fully leased commercial asset in Central Alberta, offering immediate cash flow, a strategic location, and long-term upside potential through active asset management.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
37,058 SF
Building Class
B
Year Built/Renovated
1976/2018
Price
$11,000,000 CAD
Price Per SF
$296.83 CAD
Cap Rate
7.91%
NOI
$869,613 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
2.99 AC
Zoning
DC-1 - Direct Control
Parking
177 Spaces (4.78 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Security System
  • Tenant Controlled HVAC
  • Monument Signage
  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
70/100

Nearby Major Retailers

Moxies
Denny's
Quesada Burritos & Tacos
freshii
Taco Time
Thai Express
World Gym
Anytime Fitness
Tim Hortons
Starbucks
  • Listing ID: 40550071

  • Date on Market: 2026-05-15

  • Last Updated:

  • Address: 2810 Bremner Ave, Red Deer, AB T4R 1M9

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