Commercial Real Estate Listings in Red Deer, AB
The Red Deer real estate market has a lot to offer.
You will find that Retail space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Industrial space accounts for the second-largest share of listings on the market.
Type
No. of Listings
Space Available
Industrial
60
987,391 Sq. Ft.
Office
50
562,069 Sq. Ft.
Retail
38
1,204,288 Sq. Ft.
Office
20.41%
Retail
43.73%
Industrial
35.86%
Top Locations for Commercial Space in Red Deer, AB
Depending on the type of space that you’re looking for, different areas of Red Deer may suit your needs differently.
The city’s Downtown Red Deer neighborhood has the highest concentration of CRE listings, offering 55 availabilities on the market.
The Edgar Industrial Park neighborhood is home to the second-largest number of leasing opportunities — 20 listing(s).
At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Downtown Red Deer.
Neighborhood with most CRE Listings
No. of Spaces
Downtown Red Deer
55
Edgar Industrial Park
20
Clearview Ridge
15
Neighborhood with most Office Listings
No. of Spaces
Downtown Red Deer
42
Railyards
9
Riverlands
8
Areas with numerous industrial properties are also more likely to be well-connected logistically. The Edgar Industrial Park area is the local Red Deer submarket with the most listings for rent, at this time.
Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Red Deer, you’ll find the most such opportunities for lease to be in Downtown Red Deer.
Neighborhood with most Industrial Listings
No. of Spaces
Edgar Industrial Park
18
Riverside Light Industrial Park
7
Queens Business Park East
5
Neighborhood with most Retail Listings
No. of Spaces
Downtown Red Deer
13
Clearview Ridge
11
South Hill South
10
Commercial Real Estate for Sale in Red Deer, AB
If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer.
There are currently 516,563 square feet of commercial property for sale in Red Deer.
The largest investment opportunity on the local market offers 55,000 square feet of earning potential.
If you are looking to buy a smaller property, consider that local listings for sale start at 1 square feet.
It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.
Mixed-Use and Green Commercial Real Estate in Red Deer, AB
Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.
167 Queens Drive, Queens Business Park East, Red Deer, ABProperty