6% CAP. Great opportunity to own this fully leased strip mall built in 2014 (HAWKRIDGE MARKET SQUARE) on 1.19 acres the corner of highway 2a and Hawkridge Blvd. in Hawkridge Estates, Penhold. Penhold is booming town located 7 minutes from Red Deer, with the recent addition of a Tim Hortons, Multiplex, new High school, new residential subdivision and a commercial centre. Population in the immediate trading area is close to 3000 people and more than 6000 cars drive by everyday seasonally. The building is divided into 10 separate units each with their own HVAC (some tenants occupy more than one unit). Total building square footage is 12670 sq. ft. Tenants include a veterinarian, liquor store, beauty salon, martial arts training, coffee shop/bakery, pet groomer, and one pending retailer.
The data included in this display is deemed reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.
The real estate listing information and related content displayed on this site is provided exclusively for consumers. personal, non-commercial use and, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate.