commercial condo building for sale · 2017. 9. 19. · for sale 5002 - 55th street, red deer, ab...
TRANSCRIPT
Building Size: ±78,225 SF
Year of Construction: 2014
Number of Storeys: 2
Zoning: DC (3)
Parking: Ample underground & surface parking Titled stalls for sale
Storage: Titled storage units
Price: Contact agents
COMMERCIAL CONDO BUILDING FOR SALE5002 - 55TH STREET, RED DEER, AB
Elements at River’s Edge
Mark Hartum, Principal 780.429.7557 [email protected]
Alexi Olcheski, Principal 403.232.4332 [email protected]
© 2017, Avison Young Real Estate Alberta Inc. All rights reserved.
E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
Paul McKay, Vice President 587.293.3365 [email protected]
Comments:
- Walking distance to downtown amenities; 4 blocks to central downtown
- Red Deer’s highest quality “A” Class office condos for sale
- Generous parking for staff and clients
- Office/Medical/Retail opportunities
- River views, signage opportunities, available storage, high-end residential tower adjacent to the site and quick access/egress onto Gaetz Avenue are but a few benefits
FOR SALE 5002 - 55th Street, Red Deer, AB
© 2017, Avison Young Real Estate Alberta Inc. All rights reserved.
E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
Main Floor Plan Unit 104
Unit 102
COMMENTS: - 2,525 sf - Partially leased - River views - High ceilings - Base building condition - Vacant possession
COMMENTS: - 1,176 sf - Parking lot frontage - High ceilings
- Base building condition - Vacant possession
Unit 102 Unit 104
Unit 104
MAIN FLOOR
MATCHLINE
MATCHLINE
A
AB
BCOMMON PROPERTYBALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Comm
on Property)
BALCONY
(Comm
on Property)
SCALE =
DRAFTED BY:
CHECKED BY:
CLIENT:
FILE No.:
DRAWING FILE NAME:RED DEER, ALBERTA
Ph. 1-888-310-1255
SURVEYOR
NAME: A.L.S.
1:200
DIRK VANDENBRINK
W.E.E.J.
D.V.
MAY 15, 2012
RIVERCITY DEVELOPMENTS LTD.
1933-004ZN
1933-004ZNC4OF6
SHEET 4 OF 6
0 2 4 8 12 16 20 Metres
Arc=61.49
Arc=15.23
6.39
1.27
1.28
5.30
5.29
3.91
4.88
3.66
3.65
9.88
2.44
0.09
0.22
5.79
14.73
3.44
5.29
2.71
3.02
3.1
7
37.
91
8.5215.79
3.24
1.86
0.20
3.63
3.56
6.70
13.0
025.1
1
14.
3
5.56
1.33
3.82
00.
2
10.
35
7.1
25
1.2
25.
82
12.23
14.1
2
9.011.04 2.22
14.1
326.9
3
1.5
8
73.
2
4.56
29.
1
4.40
9.011.04
3.27
3.26
2.22
4.94
32.
5
1.841.8
4
1.83
4.95
15.34
12.
21
12.48
3.44
54.
0
57.
32
1.8
3
3.6
419.2
5
DECK (COMMON PROPERTY)EDGE OF UNDERGROUND PARKADE
COMMON PROPERTY
COMMON PROPERTY
1.76
12.17
24.74
2.19
6.25
0.17
4.41
4.41
0.16
3.03
5.20
17.16
1.71
12.14
6.28
2.172.15
5.16
1.88
1.88
24.76
3.74
3.75
3.66
4.880.71
1.73
6.90
1.61
2.44
5.18
1.86
3.75
3.74
5.21
3.19
1.99
1.87
2.10
4.74
2.30
2.13 4.76
2.34
Arc=12.56
Arc=4.92
Arc=4.92
Arc=12
.63
1.5
63.11
Arc=31.25
2.154.17
1.88
4.11
0.05
5.610.07
1.63
0.10
6.060.27
3.88
7.45
2.75
0.1
3
0.24
3.72
90.
09
0.3
1.55
2.40
5.53
75.
1
93.
1
UNIT 24
UNIT 25
UNIT 26
UNIT 23
UNIT 1
UNIT 18(2 Parts)
UNIT 7
UNIT 6
FOURTH FLOOR
MAIN FLOOR
Part of
0.10
0.30
0.24
4.21 8.00
31.
3
1.13
1.34
1.34
COMMON PROPERTY
Ver
tica
l Pl
ane
Ver
tica
l Pl
ane
UNIT 2UNIT 3
UNIT 16
UNIT 182
(In 2 Parts)
UNIT 4
UNIT 17
UNIT 5
UNIT 6
UNIT 18(2 Parts)
UNIT 7
UNIT 15(2 Parts)
UNIT 8
MAIN FLOOR
MATCHLINE
MATCHLINE
A
AB
BCOMMON PROPERTYBALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Comm
on Property)
BALCONY
(Comm
on Property)
SCALE =
DRAFTED BY:
CHECKED BY:
CLIENT:
FILE No.:
DRAWING FILE NAME:RED DEER, ALBERTA
Ph. 1-888-310-1255
SURVEYOR
NAME: A.L.S.
1:200
DIRK VANDENBRINK
W.E.E.J.
D.V.
MAY 15, 2012
RIVERCITY DEVELOPMENTS LTD.
1933-004ZN
1933-004ZNC4OF6
SHEET 4 OF 6
0 2 4 8 12 16 20 Metres
Arc=61.49
Arc=15.23
6.39
1.27
1.28
5.30
5.29
3.91
4.88
3.66
3.65
9.88
2.44
0.09
0.22
5.7914.73
3.44
5.29
2.71
3.02
3.1
7
37.
91
8.5215.79
3.24
1.86
0.20
3.63
3.56
6.70
13.0
025.1
1
14.
3
5.56
1.33
3.82
00.
2
10.
35
7.1
25
1.2
25.
82
12.23
14.1
2
9.011.04 2.22
14.1
326.9
3
1.5
8
73.
2
4.56
29.
1
4.40
9.011.04
3.27
3.26
2.22
4.94
32.
5
1.841.8
4
1.83
4.95
15.34
12.
21
12.48
3.44
54.
0
57.
32
1.8
3
3.6
419.2
5
DECK (COMMON PROPERTY)EDGE OF UNDERGROUND PARKADE
COMMON PROPERTY
COMMON PROPERTY
1.76
12.17
24.74
2.19
6.25
0.17
4.41
4.41
0.16
3.03
5.20
17.16
1.71
12.14
6.28
2.172.15
5.16
1.88
1.88
24.76
3.74
3.75
3.66
4.880.71
1.73
6.90
1.61
2.44
5.18
1.86
3.75
3.74
5.21
3.19
1.99
1.87
2.10
4.74
2.30
2.13 4.76
2.34
Arc=12.56
Arc=4.92
Arc=4.92
Arc=12
.63
1.5
63.11
Arc=31.25
2.154.17
1.884.11
0.05
5.610.07
1.63
0.10
6.06
0.27
3.88
7.45
2.75
0.1
3
0.24
3.72
90.
09
0.3
1.55
2.40
5.53
75.
1
93.
1
UNIT 24
UNIT 25
UNIT 26
UNIT 23
UNIT 1
UNIT 18(2 Parts)
UNIT 7
UNIT 6
FOURTH FLOOR
MAIN FLOOR
Part of
0.10
0.30
0.24
4.21 8.00
31.
3
1.13
1.34
1.34
COMMON PROPERTY
Ver
tica
l Pl
ane
Ver
tica
l Pl
ane
UNIT 2UNIT 3
UNIT 16
UNIT 182
(In 2 Parts)
UNIT 4
UNIT 17
UNIT 5
UNIT 6
UNIT 18(2 Parts)
UNIT 7
UNIT 15(2 Parts)
UNIT 8
103
110
101A
120
130
140
150
160
170
104
102
* Floor plans are representative, and are not exactly to scale
N
N
FOR SALE 5002 - 55th Street, Red Deer, AB
Main Floor Plan Unit 110
COMMENTS: - 5,464 sf - Gorgeous river views - Built out high-end
medical clinic space
- High ceilings - Floor to ceiling
windows - Move in condition - Vacant possession
MAIN FLOOR
MATCHLINE
MATCHLINE
A
AB
BCOMMON PROPERTYBALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Comm
on Property)
BALCONY
(Comm
on Property)
SCALE =
DRAFTED BY:
CHECKED BY:
CLIENT:
FILE No.:
DRAWING FILE NAME:RED DEER, ALBERTA
Ph. 1-888-310-1255
SURVEYOR
NAME: A.L.S.
1:200
DIRK VANDENBRINK
W.E.E.J.
D.V.
MAY 15, 2012
RIVERCITY DEVELOPMENTS LTD.
1933-004ZN
1933-004ZNC4OF6
SHEET 4 OF 6
0 2 4 8 12 16 20 Metres
Arc=61.49
Arc=15.23
6.39
1.27
1.28
5.30
5.29
3.91
4.88
3.66
3.65
9.88
2.44
0.09
0.22
5.79
14.73
3.44
5.29
2.71
3.02
3.1
7
37.
91
8.5215.79
3.24
1.86
0.20
3.63
3.56
6.70
13.0
025.1
1
14.
3
5.56
1.33
3.82
00.
2
10.
35
7.1
25
1.2
25.
82
12.23
14.1
2
9.011.04 2.22
14.1
326.9
3
1.5
8
73.
2
4.56
29.
1
4.40
9.011.04
3.27
3.26
2.22
4.94
32.
5
1.841.8
4
1.83
4.95
15.34
12.
21
12.48
3.44
54.
0
57.
32
1.8
3
3.6
419.2
5
DECK (COMMON PROPERTY)EDGE OF UNDERGROUND PARKADE
COMMON PROPERTY
COMMON PROPERTY
1.76
12.17
24.74
2.19
6.25
0.17
4.41
4.41
0.16
3.03
5.20
17.16
1.71
12.14
6.28
2.172.15
5.16
1.88
1.88
24.76
3.74
3.75
3.66
4.880.71
1.73
6.90
1.61
2.44
5.18
1.86
3.75
3.74
5.21
3.19
1.99
1.87
2.10
4.74
2.30
2.13 4.76
2.34
Arc=12.56
Arc=4.92
Arc=4.92
Arc=12
.63
1.5
63.11
Arc=31.25
2.154.17
1.88
4.11
0.05
5.610.07
1.63
0.10
6.06
0.27
3.88
7.45
2.75
0.1
3
0.24
3.72
90.
09
0.3
1.55
2.40
5.53
75.
1
93.
1
UNIT 24
UNIT 25
UNIT 26
UNIT 23
UNIT 1
UNIT 18(2 Parts)
UNIT 7
UNIT 6
FOURTH FLOOR
MAIN FLOOR
Part of
0.10
0.30
0.24
4.21 8.00
31.
3
1.13
1.34
1.34
COMMON PROPERTY
Ver
tica
l Pl
ane
Ver
tica
l Pl
ane
UNIT 2UNIT 3
UNIT 16
UNIT 182
(In 2 Parts)
UNIT 4
UNIT 17
UNIT 5
UNIT 6
UNIT 18(2 Parts)
UNIT 7
UNIT 15(2 Parts)
UNIT 8
MAIN FLOOR
MATCHLINE
MATCHLINE
A
AB
BCOMMON PROPERTYBALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Comm
on Property)
BALCONY
(Comm
on Property)
SCALE =
DRAFTED BY:
CHECKED BY:
CLIENT:
FILE No.:
DRAWING FILE NAME:RED DEER, ALBERTA
Ph. 1-888-310-1255
SURVEYOR
NAME: A.L.S.
1:200
DIRK VANDENBRINK
W.E.E.J.
D.V.
MAY 15, 2012
RIVERCITY DEVELOPMENTS LTD.
1933-004ZN
1933-004ZNC4OF6
SHEET 4 OF 6
0 2 4 8 12 16 20 Metres
Arc=61.49
Arc=15.23
6.39
1.27
1.28
5.30
5.29
3.91
4.88
3.66
3.65
9.88
2.44
0.09
0.22
5.79
14.73
3.44
5.29
2.71
3.02
3.1
7
37.
91
8.5215.79
3.24
1.86
0.20
3.63
3.56
6.70
13.0
025.1
1
14.
3
5.56
1.33
3.82
00.
2
10.
35
7.1
25
1.2
25.
82
12.23
14.1
2
9.011.04 2.22
14.1
326.9
3
1.5
8
73.
2
4.56
29.
1
4.40
9.011.04
3.27
3.26
2.22
4.94
32.
5
1.841.8
4
1.83
4.95
15.34
12.
21
12.48
3.44
54.
0
57.
32
1.8
3
3.6
419.2
5
DECK (COMMON PROPERTY)EDGE OF UNDERGROUND PARKADE
COMMON PROPERTY
COMMON PROPERTY
1.76
12.17
24.74
2.19
6.25
0.17
4.41
4.41
0.16
3.03
5.20
17.16
1.71
12.14
6.28
2.172.15
5.16
1.88
1.88
24.76
3.74
3.75
3.66
4.880.71
1.73
6.90
1.61
2.44
5.18
1.86
3.75
3.74
5.21
3.19
1.99
1.87
2.10
4.74
2.30
2.13 4.76
2.34
Arc=12.56
Arc=4.92
Arc=4.92
Arc=12
.63
1.5
63.11
Arc=31.25
2.154.171.88
4.11
0.05
5.610.07
1.63
0.10
6.06
0.27
3.88
7.45
2.75
0.1
3
0.24
3.72
90.
09
0.3
1.55
2.40
5.53
75.
1
93.
1
UNIT 24
UNIT 25
UNIT 26
UNIT 23
UNIT 1
UNIT 18(2 Parts)
UNIT 7
UNIT 6
FOURTH FLOOR
MAIN FLOOR
Part of
0.10
0.30
0.24
4.21 8.00
31.
3
1.13
1.34
1.34
COMMON PROPERTY
Ver
tica
l Pl
ane
Ver
tica
l Pl
ane
UNIT 2UNIT 3
UNIT 16
UNIT 182
(In 2 Parts)
UNIT 4
UNIT 17
UNIT 5
UNIT 6
UNIT 18(2 Parts)
UNIT 7
UNIT 15(2 Parts)
UNIT 8
103
101A
120
130
140
150
160
170
104
102
110 N
FOR SALE 5002 - 55th Street, Red Deer, AB
Unit 130
Unit 160
COMMENTS: - 3,020 sf - High ceilings - Tall floor to ceiling windows - Base building condition - Vacant possession
COMMENTS: - 2,822 sf - High ceilings - Parking lot frontage
- Base building condition - Vacant possession
Main Floor Plan
MAIN FLOOR
MATCHLINE
MATCHLINE
A
AB
BCOMMON PROPERTYBALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Comm
on Property)
BALCONY
(Comm
on Property)
SCALE =
DRAFTED BY:
CHECKED BY:
CLIENT:
FILE No.:
DRAWING FILE NAME:RED DEER, ALBERTA
Ph. 1-888-310-1255
SURVEYOR
NAME: A.L.S.
1:200
DIRK VANDENBRINK
W.E.E.J.
D.V.
MAY 15, 2012
RIVERCITY DEVELOPMENTS LTD.
1933-004ZN
1933-004ZNC4OF6
SHEET 4 OF 6
0 2 4 8 12 16 20 Metres
Arc=61.49
Arc=15.23
6.39
1.27
1.28
5.30
5.29
3.91
4.88
3.66
3.65
9.88
2.44
0.09
0.22
5.79
14.73
3.44
5.29
2.71
3.02
3.1
7
37.
91
8.5215.79
3.24
1.86
0.20
3.63
3.56
6.70
13.0
025.1
1
14.
3
5.56
1.33
3.82
00.
2
10.
35
7.1
25
1.2
25.
82
12.23
14.1
2
9.011.04 2.22
14.1
326.9
3
1.5
8
73.
2
4.56
29.
1
4.40
9.011.04
3.27
3.26
2.22
4.94
32.
5
1.841.8
4
1.83
4.95
15.34
12.
21
12.48
3.44
54.
0
57.
32
1.8
3
3.6
419.2
5
DECK (COMMON PROPERTY)EDGE OF UNDERGROUND PARKADE
COMMON PROPERTY
COMMON PROPERTY
1.76
12.17
24.74
2.19
6.25
0.17
4.41
4.41
0.16
3.03
5.20
17.16
1.71
12.14
6.28
2.172.15
5.16
1.88
1.88
24.76
3.74
3.75
3.66
4.880.71
1.73
6.90
1.61
2.44
5.18
1.86
3.75
3.74
5.21
3.19
1.99
1.87
2.10
4.74
2.30
2.13 4.76
2.34
Arc=12.56
Arc=4.92
Arc=4.92
Arc=12
.63
1.5
63.11
Arc=31.25
2.154.17
1.88
4.11
0.05
5.610.07
1.63
0.10
6.06
0.27
3.88
7.45
2.75
0.1
3
0.24
3.72
90.
09
0.3
1.55
2.40
5.53
75.
1
93.
1
UNIT 24
UNIT 25
UNIT 26
UNIT 23
UNIT 1
UNIT 18(2 Parts)
UNIT 7
UNIT 6
FOURTH FLOOR
MAIN FLOOR
Part of
0.10
0.30
0.24
4.21 8.00
31.
3
1.13
1.34
1.34
COMMON PROPERTY
Ver
tica
l Pl
ane
Ver
tica
l Pl
ane
UNIT 2UNIT 3
UNIT 16
UNIT 182
(In 2 Parts)
UNIT 4
UNIT 17
UNIT 5
UNIT 6
UNIT 18(2 Parts)
UNIT 7
UNIT 15(2 Parts)
UNIT 8
MAIN FLOOR
MATCHLINE
MATCHLINE
A
AB
BCOMMON PROPERTYBALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Comm
on Property)
BALCONY
(Comm
on Property)
SCALE =
DRAFTED BY:
CHECKED BY:
CLIENT:
FILE No.:
DRAWING FILE NAME:RED DEER, ALBERTA
Ph. 1-888-310-1255
SURVEYOR
NAME: A.L.S.
1:200
DIRK VANDENBRINK
W.E.E.J.
D.V.
MAY 15, 2012
RIVERCITY DEVELOPMENTS LTD.
1933-004ZN
1933-004ZNC4OF6
SHEET 4 OF 6
0 2 4 8 12 16 20 Metres
Arc=61.49
Arc=15.23
6.39
1.27
1.28
5.30
5.29
3.91
4.88
3.66
3.65
9.88
2.44
0.09
0.22
5.79
14.73
3.44
5.29
2.71
3.02
3.1
7
37.
91
8.5215.79
3.24
1.86
0.20
3.63
3.56
6.70
13.0
025.1
1
14.
3
5.56
1.33
3.82
00.
2
10.
35
7.1
25
1.2
25.
82
12.23
14.1
2
9.011.04 2.22
14.1
326.9
3
1.5
8
73.
2
4.56
29.
1
4.40
9.011.04
3.27
3.26
2.22
4.94
32.
5
1.841.8
4
1.83
4.95
15.34
12.
21
12.48
3.44
54.
0
57.
32
1.8
3
3.6
419.2
5
DECK (COMMON PROPERTY)EDGE OF UNDERGROUND PARKADE
COMMON PROPERTY
COMMON PROPERTY
1.76
12.17
24.74
2.19
6.25
0.17
4.41
4.41
0.16
3.03
5.20
17.16
1.71
12.14
6.28
2.172.15
5.16
1.88
1.88
24.76
3.74
3.75
3.66
4.880.71
1.73
6.90
1.61
2.44
5.18
1.86
3.75
3.74
5.21
3.19
1.99
1.87
2.10
4.74
2.30
2.13 4.76
2.34
Arc=12.56
Arc=4.92
Arc=4.92
Arc=12
.63
1.5
63.11
Arc=31.25
2.154.17
1.88
4.11
0.05
5.610.07
1.63
0.10
6.06
0.27
3.88
7.45
2.75
0.1
3
0.24
3.72
90.
09
0.3
1.55
2.40
5.53
75.
1
93.
1
UNIT 24
UNIT 25
UNIT 26
UNIT 23
UNIT 1
UNIT 18(2 Parts)
UNIT 7
UNIT 6
FOURTH FLOOR
MAIN FLOOR
Part of
0.10
0.30
0.24
4.21 8.00
31.
3
1.13
1.34
1.34
COMMON PROPERTY
Ver
tica
l Pl
ane
Ver
tica
l Pl
ane
UNIT 2UNIT 3
UNIT 16
UNIT 182
(In 2 Parts)
UNIT 4
UNIT 17
UNIT 5
UNIT 6
UNIT 18(2 Parts)
UNIT 7
UNIT 15(2 Parts)
UNIT 8
103
110
101A
120
140
150
170
104
102 130
160
N
N
© 2017, Avison Young Real Estate Alberta Inc. All rights reserved.
E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
FOR SALE 5002 - 55th Street, Red Deer, AB
Second Floor Plan Unit 210
CONTIGUOUS OPTIONS:Unit 210 + Unit 230 = 12,292 sfUnit 210 + Unit 230 + Unit 240 = 15,330 sf
Unit 230
COMMENTS: - 9,465 sf - Beautiful river views with frontage
onto Gaetz Avenue - High ceilings - Base building condition - Vacant possession
COMMENTS: - 2,827 sf - High ceilings
- Frontage onto Gaetz Avenue & parking lot - Base building condition - Vacant possession
SECOND FLOOR
MATCHLINE
A
AB
BCOMMON PROPERTYBALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Comm
on Property)
BALCONY
(Comm
on Property)
SCALE =
DRAFTED BY:
CHECKED BY:
CLIENT:
FILE No.:
DRAWING FILE NAME:RED DEER, ALBERTA
Ph. 1-888-310-1255
SURVEYOR
NAME: A.L.S.
1:200
DIRK VANDENBRINK
W.E.E.J.
D.V.
MAY 15, 2012
RIVERCITY DEVELOPMENTS LTD.
1933-004ZN
1933-004ZNC5OF6
SHEET 5 OF 6
0 2 4 8 12 16 20 Metres
COMMON PROPERTY
COMMON PROPERTY
12.19
0.76
0.6
2
1.58
2.43
24.7
2
09.
0
4.56
78.
14.46
28.4
4
27.
42
44.
82
1.8
7
4.56
0.76
0.6
2
3.20
85.
1
0.9
0
2.43
2.16
2.3
860.
0
5.65
4.46 5.2
02
2.5
1
12.19
7.3
2
17.6
64.6
0
3.43
12.48
72.
21
0.56
1.84 1.84
1.83
1.2
3
75.
0
5.00
4.99
15.28
DECK (COMMON PROPERTY)EDGE OF UNDERGROUND PARKADE
3.63
3.62
0.40
0.600.60
0.600.600.60
1.79
12.17
24.73
2.21
6.24
3.14
5.24
17.11
0.16
4.41
4.42
0.16
1.73
12.15
6.23
2.20
5.16
1.87
1.98
1.87
24.76
3.73
3.75
3.66
4.880.72
1.72
6.92
1.60
2.44
5.23
1.85
5.23
3.11
1.99
1.86
3.73
3.73
2.11
4.75
2.28
2.09 4.74
2.26
Arc=12.60
Arc=4.95
Arc=4.93
Arc=12
.56
6.39
1.27
1.28
5.30
5.29
3.91
4.88
3.66
3.65
9.88
2.44
0.30
1.68
1.86
4.19
1.85
1.91
3.11
5.853.14
7.89
0.31
7.50
3.83
27.3
2
12.20
15.5
2
5.89
13.2
5
1.7
0
2.35
70.
21.76
6.31
14.
3
2.2024.23
27.3
412.1
44
0.3
40.56
5.12
1.16
6.55
1.12
5.10
(Comm
on Property)
1.44
3.49
10.08
UNIT 28
UNIT 27
UNIT 29
UNIT 30
UNIT 9
UNIT 10
UNIT 11
UNIT 12
UNIT 13
UNIT 14
UNIT 13
UNIT 14
UNIT 15
UNIT 18
UNIT 182(2 Parts)
FIFTH FLOOR
SECOND FLOOR
(In 2 Parts)
UNIT 18(In 2 Parts)
0.04
0.04
COMMON PROPERTY
COMMON PROPERTY
5.22
1.44
61.08
SECOND FLOOR
MATCHLINE
A
AB
BCOMMON PROPERTYBALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Comm
on Property)
BALCONY
(Comm
on Property)
SCALE =
DRAFTED BY:
CHECKED BY:
CLIENT:
FILE No.:
DRAWING FILE NAME:RED DEER, ALBERTA
Ph. 1-888-310-1255
SURVEYOR
NAME: A.L.S.
1:200
DIRK VANDENBRINK
W.E.E.J.
D.V.
MAY 15, 2012
RIVERCITY DEVELOPMENTS LTD.
1933-004ZN
1933-004ZNC5OF6
SHEET 5 OF 6
0 2 4 8 12 16 20 Metres
COMMON PROPERTY
COMMON PROPERTY
12.19
0.76
0.6
2
1.58
2.43
24.7
2
09.
0
4.56
78.
14.46
28.4
4
27.
42
44.
82
1.8
7
4.56
0.76
0.6
2
3.20
85.
1
0.9
0
2.43
2.16
2.3
860.
0
5.65
4.46 5.2
02
2.5
1
12.19
7.3
2
17.6
64.6
0
3.43
12.48
72.
21
0.56
1.84 1.84
1.83
1.2
3
75.
0
5.00
4.99
15.28
DECK (COMMON PROPERTY)EDGE OF UNDERGROUND PARKADE
3.63
3.62
0.40
0.600.60
0.600.600.60
1.79
12.17
24.73
2.21
6.24
3.14
5.24
17.11
0.16
4.41
4.42
0.16
1.73
12.15
6.23
2.20
5.16
1.87
1.98
1.87
24.76
3.73
3.75
3.66
4.880.72
1.72
6.92
1.60
2.44
5.23
1.85
5.23
3.11
1.99
1.86
3.73
3.73
2.11
4.75
2.28
2.09 4.74
2.26
Arc=12.60
Arc=4.95
Arc=4.93
Arc=12
.56
6.39
1.27
1.28
5.30
5.29
3.91
4.88
3.66
3.65
9.88
2.44
0.30
1.68
1.86
4.19
1.85
1.91
3.11
5.853.14
7.89
0.31
7.50
3.83
27.3
2
12.20
15.5
2
5.89
13.2
5
1.7
0
2.35
70.
21.76
6.31
14.
3
2.2024.23
27.3
412.1
44
0.3
40.56
5.12
1.16
6.55
1.12
5.10
(Comm
on Property)
1.44
3.49
10.08
UNIT 28
UNIT 27
UNIT 29
UNIT 30
UNIT 9
UNIT 10
UNIT 11
UNIT 12
UNIT 13
UNIT 14
UNIT 13
UNIT 14
UNIT 15
UNIT 18
UNIT 182(2 Parts)
FIFTH FLOOR
SECOND FLOOR
(In 2 Parts)
UNIT 18(In 2 Parts)
0.04
0.04
COMMON PROPERTY
COMMON PROPERTY
5.22
1.44
61.08
N
N
201
210
230
250
260
270
Unit 240 N
COMMENTS: - 3,038 sf - Frontage onto Gaetz Avenue & parking lot - High ceilings with almost full floor to ceiling
windows - Base building condition - Vacant possession
240
© 2017, Avison Young Real Estate Alberta Inc. All rights reserved.
E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
FOR SALE 5002 - 55th Street, Red Deer, AB
Unit 260
COMMENTS: - 1,857 sf - High ceilings - Frontage onto Gaetz Avenue
& parking lot
- Base building condition - Vacant possession
© 2017, Avison Young Real Estate Alberta Inc. All rights reserved.
E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
Second Floor Plan
SECOND FLOOR
MATCHLINE
A
AB
BCOMMON PROPERTYBALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Comm
on Property)
BALCONY
(Comm
on Property)
SCALE =
DRAFTED BY:
CHECKED BY:
CLIENT:
FILE No.:
DRAWING FILE NAME:RED DEER, ALBERTA
Ph. 1-888-310-1255
SURVEYOR
NAME: A.L.S.
1:200
DIRK VANDENBRINK
W.E.E.J.
D.V.
MAY 15, 2012
RIVERCITY DEVELOPMENTS LTD.
1933-004ZN
1933-004ZNC5OF6
SHEET 5 OF 6
0 2 4 8 12 16 20 Metres
COMMON PROPERTY
COMMON PROPERTY
12.19
0.76
0.6
2
1.58
2.43
24.7
2
09.
0
4.56
78.
14.46
28.4
4
27.
42
44.
82
1.8
7
4.56
0.76
0.6
2
3.20
85.
1
0.9
0
2.43
2.16
2.3
860.
0
5.65
4.46 5.2
02
2.5
1
12.19
7.3
2
17.6
64.6
0
3.43
12.48
72.
21
0.56
1.84 1.84
1.83
1.2
3
75.
0
5.00
4.99
15.28
DECK (COMMON PROPERTY)EDGE OF UNDERGROUND PARKADE
3.63
3.62
0.40
0.600.60
0.600.600.60
1.79
12.17
24.73
2.21
6.24
3.14
5.24
17.11
0.16
4.41
4.42
0.16
1.73
12.15
6.23
2.20
5.16
1.87
1.98
1.87
24.76
3.73
3.75
3.66
4.880.72
1.72
6.92
1.60
2.44
5.23
1.85
5.23
3.11
1.99
1.86
3.73
3.73
2.11
4.75
2.28
2.09 4.74
2.26
Arc=12.60
Arc=4.95
Arc=4.93
Arc=12
.56
6.39
1.27
1.285.30
5.29
3.91
4.88
3.66
3.65
9.88
2.44
0.30
1.68
1.86
4.19
1.85
1.91
3.11
5.853.14
7.89
0.31
7.50
3.83
27.3
2
12.20
15.5
2
5.89
13.2
5
1.7
0
2.35
70.
21.76
6.31
14.
3
2.2024.23
27.3
412.1
44
0.3
40.565.12
1.16
6.55
1.12
5.10
(Comm
on Property)
1.44
3.49
10.08
UNIT 28
UNIT 27
UNIT 29
UNIT 30
UNIT 9
UNIT 10
UNIT 11
UNIT 12
UNIT 13
UNIT 14
UNIT 13
UNIT 14
UNIT 15
UNIT 18
UNIT 182(2 Parts)
FIFTH FLOOR
SECOND FLOOR
(In 2 Parts)
UNIT 18(In 2 Parts)
0.04
0.04
COMMON PROPERTY
COMMON PROPERTY
5.22
1.44
61.08
SECOND FLOOR
MATCHLINE
A
AB
BCOMMON PROPERTYBALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Common Property)
BALCONY
(Comm
on Property)
BALCONY
(Comm
on Property)
SCALE =
DRAFTED BY:
CHECKED BY:
CLIENT:
FILE No.:
DRAWING FILE NAME:RED DEER, ALBERTA
Ph. 1-888-310-1255
SURVEYOR
NAME: A.L.S.
1:200
DIRK VANDENBRINK
W.E.E.J.
D.V.
MAY 15, 2012
RIVERCITY DEVELOPMENTS LTD.
1933-004ZN
1933-004ZNC5OF6
SHEET 5 OF 6
0 2 4 8 12 16 20 Metres
COMMON PROPERTY
COMMON PROPERTY
12.19
0.76
0.6
2
1.58
2.43
24.7
2
09.
0
4.56
78.
14.46
28.4
4
27.
42
44.
82
1.8
7
4.56
0.76
0.6
2
3.20
85.
1
0.9
0
2.43
2.16
2.3
860.
0
5.65
4.46 5.2
02
2.5
1
12.19
7.3
2
17.6
64.6
0
3.43
12.48
72.
21
0.56
1.84 1.84
1.83
1.2
3
75.
0
5.00
4.99
15.28
DECK (COMMON PROPERTY)EDGE OF UNDERGROUND PARKADE
3.63
3.62
0.40
0.600.60
0.600.600.60
1.79
12.17
24.73
2.21
6.24
3.14
5.24
17.11
0.16
4.41
4.42
0.16
1.73
12.15
6.23
2.20
5.16
1.87
1.98
1.87
24.76
3.73
3.75
3.66
4.880.72
1.72
6.92
1.60
2.44
5.23
1.85
5.23
3.11
1.99
1.86
3.73
3.73
2.11
4.75
2.28
2.09 4.74
2.26
Arc=12.60
Arc=4.95
Arc=4.93
Arc=12
.56
6.39
1.27
1.28
5.30
5.29
3.91
4.88
3.66
3.65
9.88
2.44
0.30
1.68
1.86
4.19
1.85
1.91
3.11
5.853.14
7.89
0.31
7.50
3.83
27.3
2
12.20
15.5
2
5.89
13.2
5
1.7
0
2.35
70.
21.76
6.31
14.
3
2.2024.23
27.3
412.1
44
0.3
40.56
5.12
1.16
6.55
1.12
5.10
(Comm
on Property)
1.44
3.49
10.08
UNIT 28
UNIT 27
UNIT 29
UNIT 30
UNIT 9
UNIT 10
UNIT 11
UNIT 12
UNIT 13
UNIT 14
UNIT 13
UNIT 14
UNIT 15
UNIT 18
UNIT 182(2 Parts)
FIFTH FLOOR
SECOND FLOOR
(In 2 Parts)
UNIT 18(In 2 Parts)
0.04
0.04
COMMON PROPERTY
COMMON PROPERTY
5.22
1.44
61.08
201
210
230
240
250
260
270
N
Floor Plan - 201
Floor Plan - 103
Floor Plan - 101A
© 2017, Avison Young Real Estate Alberta Inc. All rights reserved.
E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
‘A’ Class Build Out, Fully Leased to AAA Covenant Tenants
INVESTMENT CONDOS
UNIT 201
SIZE 13,162 sf
PARKING 19 underground stalls35 surface stalls
TERM Aug 1, 2014 - July 31, 2024
NOI Aug 1, 2014 - July 31, 2019 = $363,240.00 AnnuallyAug 1, 2019 - July 31, 2024 = $404,754.00 Annually
OPTIONS TO RENEW Two (2) further terms of five (5) years
PURCHASE PRICE Contact Agent
UNIT 103
SIZE 1,616 sf
PARKING 1 underground stall6 surface stalls
TERM May 1, 2015 - April 30, 2025
NOI May 1, 2015 - April 30, 2020 = $46,044.00 AnnuallyMay 1, 2020 - April 30, 2025 = $50,892.00 Annually
OPTIONS TO RENEW Two (2) further terms of five (5) years
PURCHASE PRICE Contact Agent
UNIT 101 A
SIZE 3,600 sf
PARKING 3 underground stalls26 surface stalls
TERM Jan 15, 2014 - Jan 14, 2024
NOI Jan 15, 2014 - Jan 14, 2019 = $107,445.00 AnnuallyJan 15, 2019 - Jan 14, 2024 = $118,245.00 Annually
OPTIONS TO RENEW Two (2) further terms of five (5) years
PURCHASE PRICE Contact Agent
N
N
N
LEASED
LEASED
LEASED
Tenant Area Lease Start Lease Expiry Renewal Options NNN Net Rental Rate Annual Parking Revenue Income - Year One
Alberta Energy Regulator 13,179 8/1/2014 7/31/2024 2 further terms of 5 years $22.85 $62,100 $363,240Dynalife 3,600 1/15/2014 1/15/2024 2 further terms of 5 years $24.00 $20,340 $106,740Alberta Blue Cross 1,616 5/1/2015 5/1/2025 2 further terms of 5 years $24.00 $7,260 $46,044
Annual Existing Rental Income $516,024
Less: Structural / Vacancy Allowance (1%) -$5,160
Stabilized Net Existing Operating Income $510,864
$2,150,000.00 -$5,759,444.75 $2,200,000.00First Year Stabilized Analysis 2,150,000 2100000 2200000Price $7,859,445Annual Net Operating Income $510,864Overall CAP. Rate 6.50%
Total Price -$ 7,859,445$ -$
1st Year Debt Service: LTV Interest Rate65% 3.00% 20
Potential New Mortgage $5,108,639Equity (Initial Capital) 2,750,806$
Annual Prinicple Payments $189,687Annual Interest Payments $149,732
Total Annual Debt Service $339,419
Cash Flow After Debt Service $171,445
First Year Cash on Cash Return 6.23%First Year Return on Equity 13.13%
*Disclaimer: This Short Financial Analysis (“SFA”) does not purport to be all inclusive or to contain all the information that the prospective purchaser may require in deciding whether or not to purchase the Property. This SFA provides selective information relating to certain physical, locational and financial characteristics of the property. The information on which this SFA is based has been obtained from various sources considered reliable. Avison Young Commercial Real Estate Alberta Inc. makes no representations, declarations or warranties, express or implied, as to the accuracy or completeness of the information or statements contained herein or otherwise and such information or statements should not be relied upon by prospective purchasers without independent investigation and verification.
Elements at Rivers EdgeStabilized Income and pro Forma
Amortization (years)
Elements at Rivers Edge - Stabilized Income and Pro Forma
Owner/User Opportunities
UNIT SIZE (SF) STATUS
102 1,176 Vacant, base building condition
104 2,525 Vacant, base building condition
110 5,464 Vacant, medical built-out condition
130 3,020 Vacant, base building condition
160 2,822 Vacant, base building condition
210 9,465 Vacant, base building condition
230 2,827 Vacant, base building condition
240 3,038 Vacant, base building condition
Units 210, 230 & 240 contiguous for 15,330 sf
260 1,857 Vacant, base building condition
w
w
w
w
FOR SALE 5002 - 55th Street, Red Deer, AB
Mark Hartum, Principal 780.429.7557 [email protected]
Alexi Olcheski, Principal 403.232.4332 [email protected]
© 2017, Avison Young Real Estate Alberta Inc. All rights reserved.
E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
*Disclaimer: This Short Financial Analysis (“SFA”) does not purport to be all inclusive or to contain all the information that the prospective purchaser may require in deciding whether or not to purchase the Property. This SFA provides selective information relating to certain physical, locational and financial characteristics of the property. The information on which this SFA is based has been obtained from various sources considered reliable. Avison Young Commercial Real Estate Alberta Inc. makes no representations, declarations or warranties, express or implied, as to the accuracy or completeness of the information or statements contained herein or otherwise and such information or statements should not be relied upon by prospective purchasers without independent investigation and verification.
Paul McKay, Vice President 587.293.3365 [email protected]
Tenant Area Lease Start Lease Expiry Renewal Options NNN Net Rental Rate Annual Parking Revenue Income - Year One
Alberta Energy Regulator 13,179 8/1/2014 7/31/2024 2 further terms of 5 years $22.85 $62,100 $363,240Dynalife 3,600 1/15/2014 1/15/2024 2 further terms of 5 years $24.00 $20,340 $106,740Alberta Blue Cross 1,616 5/1/2015 5/1/2025 2 further terms of 5 years $24.00 $7,260 $46,044
Annual Existing Rental Income $516,024
Less: Structural / Vacancy Allowance (1%) -$5,160
Stabilized Net Existing Operating Income $510,864
$2,150,000.00 -$5,759,444.75 $2,200,000.00First Year Stabilized Analysis 2,150,000 2100000 2200000Price $7,859,445Annual Net Operating Income $510,864Overall CAP. Rate 6.50%
Total Price -$ 7,859,445$ -$
1st Year Debt Service: LTV Interest Rate65% 3.00% 20
Potential New Mortgage $5,108,639Equity (Initial Capital) 2,750,806$
Annual Prinicple Payments $189,687Annual Interest Payments $149,732
Total Annual Debt Service $339,419
Cash Flow After Debt Service $171,445
First Year Cash on Cash Return 6.23%First Year Return on Equity 13.13%
*Disclaimer: This Short Financial Analysis (“SFA”) does not purport to be all inclusive or to contain all the information that the prospective purchaser may require in deciding whether or not to purchase the Property. This SFA provides selective information relating to certain physical, locational and financial characteristics of the property. The information on which this SFA is based has been obtained from various sources considered reliable. Avison Young Commercial Real Estate Alberta Inc. makes no representations, declarations or warranties, express or implied, as to the accuracy or completeness of the information or statements contained herein or otherwise and such information or statements should not be relied upon by prospective purchasers without independent investigation and verification.
Elements at Rivers EdgeStabilized Income and pro Forma
Amortization (years)
© 2017, Avison Young Real Estate Alberta Inc.
All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
Image © 2016 Google
N
SUBJECTPROPERTY
Taylor Drive
50 (Gaetz) A
ve
55 Street
50 Avenue G
aetz Avenue
48 Avenue
55 Street
DOWNTOWN
FOR SALE 5002 - 55th Street, Red Deer, AB
Red Deer is the 3rd largest ciy in Alberta and the 6th largest in Western Canada with a population of 100,418 (Federal Census 2016). Located in a prime location between Calgary and Edmonton and next to one of the busiest transportation corridors in North America provides for a diverse and resilient economy.
RED DEER BUSINESS ADVANTAGES
Red Deer has an excellent business environment which has many advantages for all businesses to assist them in being more competitive in the provincial, national and world markets. Some of the advantages that Red Deer businesses enjoy are:
- No business taxes - No capital tax - No machinery and equipment tax - No payroll tax - Provincial corporate income tax of 12 percent, small business rate of 3 percent
Source: www.reddeer.ca
Image © 2016 Google