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4706 48 Ave

14,040 SF 100% Leased Office Building Red Deer, AB T4N 1R2 $1,255,169 USD ($89 USD/SF) 8.73% Cap Rate

Office Space Alberta Red Deer 4706 48 Ave, Red Deer, AB T4N 1R2

Investment Highlights

  • Fully leased opportunity
  • Private tenant entrances
  • Very well maintained property
  • Elevator and stair access
  • Exterior signage

Executive Summary

Features include four diverse tenants over two floors, elevator access, reserved covered, and uncovered surface parking, fiber optic connection, and exterior building signage.

Attachments

4706 48 Avenue (Group2 Centre)

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
14,040 SF
Building Class
B
Year Built/Renovated
1979/1999
Price
$1,255,169 USD
Price Per SF
$89 USD
Cap Rate
8.73%
NOI
$109,576 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,020 SF
Building FAR
1.07
Lot Size
0.30 AC
Zoning
C1 - Commercial
Parking
15 Spaces (1.07 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Security System
  • Kitchen
  • Reception
  • Natural Light
  • Open-Plan
  • Air Conditioning

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(403) 391-0669

Contact

  • Listing ID: 30402903

  • Date on Market: 12/19/2023

  • Last Updated:

  • Address: 4706 48 Ave, Red Deer, AB T4N 1R2

The Office Property at 4706 48 Ave, Red Deer, AB T4N 1R2 is currently available for sale. Contact Colliers for more information.

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4706 48 Ave
(403) 391-0669 x

4706 48 Ave

Blair McArthur

(403) 391-0669

(403) 391-0669

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