Property Description
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:63357)
Property Details
- Living Area
- 121,191 sqft
- Year Built
- 2001
- Status
- Active
Location & Neighborhood
Explore what's nearby , Red Deer, Alberta
- 0.1 km
Northbound 50 Avenue @ 20 Street
- 0.2 km
Southbound 50 Avenue @ 20 Street
- 0.2 km
Southbound 50 Avenue @ 22 Street
- 0.3 km
Northbound 50 Avenue @ 19 Street
- 0.3 km
Westbound 19 Street @ 51 Avenue
Explore More in Red Deer
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