Very visible and desirable location on the highway between Red Deer and Penhold. Newer well maintained attractive building with ample ground level parking for customers. Current tenants are Canada Post and an insurance broker creating strong pedestrian traffic. Building is located adjacent to new commercial center with Tim Hortons, Subway, pharmacy, grocery store, doctor & dentist offices, liquor store, gas station, child care etc. Space suitable for yoga/fitness studio, pub/ & or restaurant Penhold is a growing area located 7 minutes South of Red Deer with a population of approximately 3,300 and a trading area of 130,000. Current NNN is approximately $4.00. Prefer a 5 year lease with escalations to be negotiated. Property Taxes are included in the NNN costs.
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