True
Space Available For Lease 2
#A101 |
This 1,082 SF retail space, situated on the main floor within the bustling Heritage Village in downtown Red Deer, is now available for lease. The layout includes a spacious open retail area, a dedicated office, and a large open room at the rear, catering to a variety of business needs. Immediate possession is available, ensuring your business can quickly become a part of this vibrant community. 
Kelly BabcockSalomons Commercial |
#C107 & 108 |
FOR LEASE – This desirable double end unit, located in Heritage Village is available for lease. Formerly used as a dental office, this 2,330 SF space features a reception area and waiting room with a built-in desk, three open areas, two small offices, two washrooms, a mechanical room, and a staff room with a rear exit. Windows on three sides of the unit bring in natural light. Ample paved parking is available on site, shared with neighbouring businesses. Additional rent is $12.39 per square foot for the 2024 budget year. This lease rate is for the first year of a long-term lease to a qualified tenant with $2.00 PSF escalations. This property is also available for sale.
Cam TomaltyRE/MAX Commercial Properties
Jeremy MakilaRE/MAX Commercial Properties |
Contacts
Kelly Babcock
Salomons Commercial
Cam Tomalty
RE/MAX Commercial Properties
Jeremy Makila
RE/MAX Commercial Properties
Property Details
- Property Type Retail
- Property Size 3,219 SF
- Additional Rent Contact for pricing
- Date Updated Oct 18, 2024
Heritage Village is home to a diverse mix of neighboring businesses such as Heritage Village Chiropractic, Marlin Travel, Peony Nails, Heritage Family Dental, Red Deer Goldsmith, and Connect Hearing, providing a steady flow of potential customers.
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Reach out to the broker for more info on lease terms and amenities
Getting around
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78/100
Walk Score ®
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48/100
Transit Score ®
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61/100
Bike Score ®
Location
- City Red Deer, AB
- Neighborhood Downtown Red Deer
- Postal Code T4N 7C3
Points of Interest
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Mobil
0.11 miles
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Petropass-Red Deer
0.33 miles
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Fas Gas
0.44 miles
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Safeway
0.44 miles
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Husky
0.46 miles
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Mohawk
0.47 miles
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Canadian Tire
0.77 miles
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Fas Gas
0.78 miles
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Petro-Canada
1.04 miles
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Tesla Supercharger
1.15 miles
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Parking Garage
0.24 miles
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Boat Launch Parking
1.09 miles
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Westerner Park - Northwest Parking
2.69 miles
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Westerner Park - North Parking
2.75 miles
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West Parking
2.81 miles
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Main Parking
2.89 miles
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East Parking
2.91 miles
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Southwest Parking
2.93 miles
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Discovery Canyon Parking
3.64 miles
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Red Deer Titans Rugby Parking Lot
5.09 miles
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Barkada Grill
0.08 miles
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Famoso
0.09 miles
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McDonald's
0.10 miles
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Original Joe's
0.18 miles
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Little Saigon Subs
0.20 miles
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Sam's Donair
0.23 miles
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Vietnamese Subs & Rolls
0.27 miles
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Tandoor N Flame
0.27 miles
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Chubby Jerk
0.28 miles
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Red City Donair & Pizza
0.29 miles
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Real Canadian Superstore
0.18 miles
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SuperValu
0.89 miles
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Sobeys
1.29 miles
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Parkland Mall
1.34 miles
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Canadian Tire
1.36 miles
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Walmart Supercentre
1.38 miles
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Sobeys
1.46 miles
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Save-On-Foods
1.51 miles
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Wholesale Club
1.60 miles
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Canadian Tire
1.72 miles
5212 48th Street Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
5212 48th Street is located in Downtown Red Deer, which is home to a total of 13 listing(s). Retail space at Heritage Village asks $16.00/SF/YR per square foot.
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The property includes 1,082 square feet of retail space for lease. Of this total, 1,082 square feet are Retail.
Lease agreement conditions for the availability at this property include NNN.
In addition to retail space, the property also includes 1 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
