407 Main Avenue West Sundre, Alberta
RETAIL INVESTMENT OPPORTUNITY
Anchored by
LIST PRICE: $2,250,000 PROPERTY INFORMATION
PROPERTY HIGHLIGHTS
Address
407 Main Avenue West, Sundre, Alberta
•
Bank of Montreal and Canada Post anchored
Total Building Size
14,392 sf
•
Shadow anchored by Sobeys, Ace Hardware and Pharmasave
Site Size
35,955 sf / 0.83 acres
•
Parking
51 on-site stalls
Situated along Sundre’s main retail and commercial corridor, Main Avenue West (Highway 22)
Date of Construction
1992
CALGARY CAPITAL MARKETS GROUP
© 2016, Avison Young Real Estate Alberta Inc. All rights reserved.
Ryan Swelin, Vice President 587.293.3368
[email protected] Kevin Morgans, CCIM, Vice President 403.232.4318
[email protected] Walsh Mannas, Vice President 403.232.4381
[email protected] Mason Thompson, Associate 403.232.4340
[email protected] The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
FLOOR PLAN Main Avenue W
N
PARKING
HAIR SALON
4 Street NW
PARKING
SUNDRE AERIAL
N
Drayton Valley 2hr
Cowboy Trail
Rocky Mountain House 55min
HIGHWAY
22
Olds
Subject Property
Calgary 1hr 10min
Main Avenue W
CALGARY CAPITAL MARKETS GROUP
25min
HIGHWAY
27
LOCATION ANALYSIS: SUNDRE WHERE Sundre, Alberta, is located in the foothills of the Rocky Mountain on the banks of the Red Deer River, in the westcentral section of Alberta, and is easily accessible by car from the two nearest cities - Calgary and Red Deer. Located 40 km west of the Town of Olds, Sundre is 120 km north-west of Calgary or approximately 100 km south-west of Red Deer. EMPLOYMENT Tourism is just one facet of the economic base in Sundre. Petroleum and lumber also account for a large amount of the economic production of the region. Sundre Forest Products Inc., a Division of West Fraser Mills Ltd., is an integrated forest product company manufacturing dimensional lumber and treated wood products. Sundre Forest Product’s markets include western Canada, the United States, Japan and Taiwan. The initial employee base has expanded from the original 40 to more than 250 year-round at Sundre Forest Products and an additional 600 seasonal workers in the harvesting and reforestation aspects of the company). Agriculture also makes up a large portion of the economic base of Sundre. With a well rounded economy relative to it’s population, employment opportunities are diverse and the economic climate is stable. POPULATION Sundre and area (within a 20 km radius) has a population base of 8,000, with an average median age of 42.4.
CALGARY CAPITAL MARKETS GROUP