An exceptional opportunity to acquire a fully leased retail plaza at 101, 2030 50th Avenue, a high-traffic commercial corridor in southeast Red Deer. Strategically positioned with excellent exposure and dual access, this modern strip centre offers consistent visibility and accessibility in a growing trade area. The property features a well-balanced mix of established tenants, including Five Guys and Chatters, representing strong national brands in the food and personal care sectors. Their presence contributes to excellent income stability and zero vacancy. Built in 2014, the building showcases durable construction, ample surface parking, and lasting curb appeal—making it an attractive asset for long-term ownership.Zoned C2A, the plaza is ideally situated among established residential communities, complementary retail amenities, and major transportation corridors. This zoning supports a broad range of commercial uses, enhancing long-term tenant demand and offering strong potential for future redevelopment. A prime investment opportunity for buyers seeking secure cash flow, future upside, and a presence in one of Red Deer’s most active retail zones. (id:47421)
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Detailed Information
Listing Contract Date
2025-11-27
Municipal ID
T765220865
Plan
0023042
Property Type
Retail
Transaction Type
For sale
Zoning Description
C-4
Building
Constructed Date
2001
Size (Exterior)
121191 square feet
Total Finished Area
121191 sqft
Type
Retail
Land
Total Size
5000 square feet
Size of Irregular Land
5000.00
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