Retail in Blackfalds available for sale
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Retail Space for Sale near Blackfalds

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Blackfalds Retail Space for Sale

More details for 5009 PArkwood Rd, Blackfalds, AB - Retail for Sale

5009 PArkwood Rd

Blackfalds, AB T4M 0E6

  • Retail for Sale
  • $2,699,000 CAD
  • 8,389 SF

Blackfalds Retail for Sale

Cayenne Shopping Centre presents a rare opportunity to acquire a fully leased, income-generating retail asset in the heart of Blackfalds, Alberta—one of Central Alberta’s fastest-growing municipalities. Strategically located at 5009 Parkwood Road, the property sits on a 0.8-acre site with direct access to Highway 2A and is just 13 minutes from Red Deer, offering exceptional regional connectivity. The centre features a diverse tenant mix across food service, specialty retail, liquor, and financial services, including long-standing local businesses such as Resolve Bar & Grill and Sky Way Kitchen. With 100% occupancy and a projected Year 1 NOI of $167,973, the asset offers immediate cash flow and long-term stability. Blackfalds is experiencing robust population growth (5.6% projected from 2024–2029), supported by infrastructure investment and a strong community orientation. The surrounding area includes residential developments, recreation amenities like the Abbey Centre, and proximity to major urban hubs including Calgary and Edmonton. This stabilized retail centre is ideal for investors seeking a low-maintenance, community-integrated asset with upside potential in a high-growth corridor. Offers are being accepted on a rolling basis with no set bid date.

Contact:

Avison Young

Property Subtype:

Storefront

Date on Market:

2025-09-18
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Retail Spaces for Sale Within 10 kilometers of Blackfalds

LoopNet Canada Alberta Retail Spaces For Sale in Blackfalds, AB, Canada

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Retail Spaces for Sale in Blackfalds

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How many retail spaces are available for sale in Blackfalds?
There are currently 1 retail spaces available for sale in Blackfalds, offering a unique opportunity for businesses to establish a presence.
How big are the retail spaces available for sale in Blackfalds?
The average size of retail spaces available for sale in Blackfalds is about 8,389 SF. The largest retail spaces available to buy is 8,389 SF and the smallest is 8,389 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for retail spaces in Blackfalds?
The average market cap rate for retail spaces for sale is about 6.22% based on data provided in Blackfalds. Learn more about how cap rates are calculated.
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