4622 61 Street, Red Deer, T4N1C2

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Description

A multi-tenant building in the central and desirable location of Riverside Light Industrial Park. Parking at the front of the building is paved with 2 loading docks on the side of the building. Unit consists of 2 offices, front retail space, 2 washrooms and the rest is warehouse/open space. Open/warehouse space offers flexibility for use/operations. Electrical consists of Phase 3 – 100 amp-power. Heating for the warehouse is supplied by a suspended gas fired unit heater. Front retail space and office are heated with a gas furnace.Base Rent is $9.00 per sq. ft. per year with escalations assuming 5-year lease. For a qualified Tenant the 1st year of a 5-year lease will be $6.00 per sq. ft. NNN is $4.80 per sq. ft. for 2026. Property taxes are included in Triple Net Costs. (id:39198)

46 days

On Market

Industrial

Property Type

$86,865 / Year

Est. Taxes

Other

Style

-

Garage

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Basement