Red Deer, AB Commercial Real Estate for Lease - 115 Listings

AB, Red Deer - 50 Street
Regus
4909 50 Street 2nd Floor, Red Deer, AB
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Timberlands Commercial Developments

499 Timberlands Drive, Timberlands, Red Deer, AB
Property

Retail

50,000 SF
Availability

4 Spaces

13,897 SF
For Lease Contact for pricing
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5212 48 Street
GrupDesk
5212 48 Street #B102, Red Deer, AB
Services

Open Workspace

Event Space

Meeting Room

Dedicated Desk
Amenities

Complimentary coffee & tea

Free water

High-speed internet

High-speed wifi

Lounge area

Parking

Printer

Receptionist/Secretarial services

TV/Monitor

White boards
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4915 54 Street
LeTeam
4915 54 Street 3rd floor, Red Deer, AB
Services

Virtual Office

Meeting Room

Private Office
Amenities

24/7 security

Catering

High-speed wifi

Office furniture

Office supplies

Parking

Receptionist/Secretarial services

Utilities included

White boards
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River Valley Place

4801 51 Avenue, Downtown Red Deer, Red Deer, AB
Property

Retail

2,909 SF
Availability

1 Space

1,399 SF
For Lease

$15.00/SF/YR
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7839 49th Avenue

7839 49th Avenue, Northlands Industrial Park, Red Deer, AB
Property

Industrial

18,000 SF
Availability

1 Space

13,730 SF
For Lease

$9.00/SF/YR
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5018 45 Street

5018 45 Street, Downtown Red Deer, Red Deer, AB
Property

Office

3,721 SF
Availability

1 Space

3,721 SF
For Lease

$15.00/SF/YR
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Sunset Plaza

5020 68th Street, Normandeau, Red Deer, AB
Property

Retail

11,600 SF
Availability

2 Spaces

3,814 SF
Year Built

1998
For Lease

$17.00/SF/YR
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7597 Edgar Industrial Drive

7597 Edgar Industrial Drive, Edgar Industrial Park, Red Deer, AB
Property

Industrial

4,824 SF
Availability

1 Space

4,824 SF
For Lease

$9.00/SF/YR
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Dynovac Building

7700 76th Street Close, Johnstone Crossing, Red Deer, AB
Property

Industrial

12,000 SF
Availability

1 Space

2,000 SF
For Lease

$11.50/SF/YR
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6040 47th Avenue

6040 47th Avenue, Riverside Light Industrial Park, Red Deer, AB
Property

Industrial

7,031 SF
Availability

1 Space

2,341 SF
For Lease

$12.50 - $13.50/SF/YR
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North Gaetz Mall

7101 50th Avenue, Pines, Red Deer, AB
Property

Retail

11,890 SF
Availability

2 Spaces

2,290 SF
For Lease

$22.00/SF/YR
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Queens Business Park

17 Queensgate Crescent, Queens Business Park East, Blackfalds, AB
Property

Industrial

3,018 SF
Availability

1 Space

1,600 SF
Year Built

2013
For Lease

$11.50/SF/YR
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Royal Court

4925 30 Street, Bower, Red Deer, AB
Property

Retail

10,108 SF
Availability

2 Spaces

3,769 SF
For Lease Contact for pricing
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Davenport Station

80 Donlevy Avenue, Davenport, Red Deer, AB
Property

Retail

1,983 SF
Availability

1 Space

1,983 SF
For Lease

$21.00/SF/YR
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4901 48 Street

4901 48 Street, Downtown Red Deer, Red Deer, AB
Property

Office

8,993 SF
Availability

2 Spaces

6,090 SF
For Lease

$15.00/SF/YR
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Westview Business Centre

4315 55th Avenue, Riverlands, Red Deer, AB
Property

Office

17,132 SF
Availability

3 Spaces

17,132 SF
For Lease

$12.00/SF/YR
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167 Queens Drive

167 Queens Drive, Queens Business Park East, Red Deer, AB
Property

Industrial

19,000 SF
Availability

1 Space

4,931 SF
For Lease

$13.00/SF/YR
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Ross Street Centre

4734 50 Street, Downtown Red Deer, Red Deer, AB
Property

Retail

30,000 SF
Availability

4 Spaces

4,398 SF
For Lease

$6.00 - $11.00/SF/YR
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3731 50 Avenue

3731 50 Avenue, South Hill North, Red Deer, AB
Property

Retail

15,800 SF
Availability

1 Space

4,618 SF
For Lease

$22.00/SF/YR
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Skinner Building

4711 51st Avenue, Downtown Red Deer, Red Deer, AB
Property

Office

22,000 SF
Availability

2 Spaces

6,186 SF
For Lease

$10.00/SF/YR
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4971 Phelan Street

4971 Phelan Street, Pines, Red Deer, AB
Property

Retail

4,500 SF
Availability

1 Space

2,059 SF
For Lease

$15.00/SF/YR
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Medi Dent Building

3939 50A Avenue, South Hill North, Red Deer, AB
Property

Office

7,695 SF
Availability

4 Spaces

6,355 SF
For Lease

$12.00/SF/YR
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4950 47 Avenue

4950 47 Avenue, Parkvale, Red Deer, AB
Property

Multi-Family

22,888 SF
Availability

1 Space

22,888 SF
Year Built

1972
For Lease

$10.00/SF/YR
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7449 49th Avenue Crescent

7449 49th Avenue Crescent, Northlands Industrial Park, Red Deer, AB
Property

Industrial

31,300 SF
Availability

2 Spaces

31,300 SF
For Lease

$9.75/SF/YR
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4646 Riverside Drive

4646 Riverside Drive, Riverside Light Industrial Park, Red Deer, AB
Property

Industrial

5,000 SF
Availability

1 Space

2,907 SF
Year Built

1994
For Lease

$11.50/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Red Deer commercial real estate market incorporates 514,083 square feet of office space across 61 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Red Deer commercial real estate market includes 1,246,023 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Red Deer market, there is a total of 1,074,951 square feet of industrial property.

The listing inventory in Red Deer incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Red Deer is represented by Retail space, which accounts for 721,886 square feet of available listings. Industrial space available in Red Deer adds up to 438,525 square feet.

Meanwhile, most of the listings of commercial property for sale in Red Deer are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Red Deer is $13.42 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Red Deer can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Red Deer, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Red Deer is in the Downtown Red Deer neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Red Deer area.

Meanwhile, retail space opportunities are most abundant in the Downtown Red Deer submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Edgar Industrial Park.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $20 per square foot. In particular, the property type commanding the highest lease rates in Red Deer was Retail space.

The average size of a commercial property in Red Deer depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Red Deer, the average size of an office property is 12,241 square feet.
Retail properties here incorporate an average of 25,430 square feet.
Industrial space in Red Deer is in buildings that are, on average 16,288 square feet in size.

Red Deer, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Red Deer currently add up to 1,562,113 square feet. The market offers 44 active office listing(s), which amount to 238,724 square feet and account for 33% of commercial spaces on the market. Local retail availability includes 721,886 square feet across 39 retail space(s). Industrial space for rent opportunities in Red Deer amount to 438,525 square feet across a total of 44 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	44	238,724
Retail	39	721,886
Industrial	44	438,525
Other	3	162,978

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Red Deer, AB. Currently, there is 556,690 square feet of commercial property for sale here , which includes 16 office building(s) for sale , 9 retail investment opportunity listing(s) , and 20 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	16	95,027
Retail	9	104,043
Industrial	20	334,606
Other	33	23,014

Red Deer, AB Commercial Real Estate for Lease - 115 Listings

AB, Red Deer - 50 Street

Timberlands Commercial Developments

5212 48 Street

4915 54 Street

River Valley Place

7839 49th Avenue

5018 45 Street

Sunset Plaza

7597 Edgar Industrial Drive

Dynovac Building

6040 47th Avenue

North Gaetz Mall

Queens Business Park

Royal Court

Davenport Station

4901 48 Street

Westview Business Centre

167 Queens Drive

Ross Street Centre

3731 50 Avenue

Skinner Building

4971 Phelan Street

Medi Dent Building

4950 47 Avenue

7449 49th Avenue Crescent

4646 Riverside Drive

Frequently Asked Questions

Red Deer, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Red Deer, AB Commercial Real Estate for Lease - 115 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Red Deer, AB?

What factors affect the price of commercial real estate in Red Deer, AB?

What is the average rent for commercial space in Red Deer, AB?

What are the best areas for commercial real estate in Red Deer, AB?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Red Deer, AB?

Red Deer, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us