Very visible and desirable location on the highway between Red Deer and Penhold. Newer and well maintained attractive building with ample ground parking for customers. Current tenants are Canada Post and 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 & or 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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