Log In/Sign Up
Your email has been sent.
Redwater Centre 5303 48 Ave 22,000 SF 60% Leased Retail Building Redwater, AB T0A 2W0 $2,200,000 CAD ($100 CAD/SF)
Executive Summary
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)
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)
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
22,000 SF
Building Class
B
Year Built
2020
Price
$2,200,000 CAD
Price Per SF
$100 CAD
Percent Leased
60%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.48
Lot Size
1.06 AC
Zoning
C2
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1
- 1,553 SF
- Retail
- -
- Now
- 2
- 1,551 SF
- Retail
- -
- Now
- 4
- 1,551 SF
- Retail
- -
- Now
- 5
- 1,546 SF
- Retail
- -
- Now
- 6
- 2,628 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1 | 1,553 SF | Retail | - | Now |
| 2 | 1,551 SF | Retail | - | Now |
| 4 | 1,551 SF | Retail | - | Now |
| 5 | 1,546 SF | Retail | - | Now |
| 6 | 2,628 SF | Retail | - | Now |
1
| Size |
| 1,553 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2
| Size |
| 1,551 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
4
| Size |
| 1,551 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
5
| Size |
| 1,546 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
6
| Size |
| 2,628 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Nearby Major Retailers
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Redwater Centre | 5303 48 Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.