- For Sale $3,600,000
- Property Type Office - General Office
- Property Size 22,000 SF
- Building Class B
- Date Updated Mar 26, 2024
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)
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Contacts
Location
Getting Around
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Walk Score ®
43/100
Car-Dependent
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Bike Score ®
46/100
Somewhat Bikeable
Powered by Walk Score ®
- City Redwater, AB
- Neighborhood Redwater
- Postal Code T0A 2
Points of Interest
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Fas Gas
0.33 miles
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Esso
0.33 miles
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Petro-Canada
0.37 miles
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Husky
6.86 miles
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Days Inn
0.39 miles
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Burger Baron
0.08 miles
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Redwater School
0.21 miles
Frequently Asked Questions
What is the lease rate for 5303 48 Avenue?
Rental asking rate at 5303 48 Avenue is $1,800,000.00/YR.
What is the total square footage of 5303 48 Avenue?
5303 48 Avenue totals 22,000 square feet.
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