COMMERCIAL CONDO BUILDING FOR SALE 5002 - 55TH STREET, RED DEER, AB Elements at River’s Edge
Building Size:
±78,225 SF
Comments:
Year of Construction: 2014
-- Walking distance to downtown amenities; 4 blocks to central downtown
Number of Storeys: 2
-- Red Deer’s highest quality “A” Class office condos for sale
Zoning:
DC (3)
Parking: Ample underground & surface parking Titled stalls for sale Storage:
Titled storage units
Price: Contact agents
Paul McKay, Vice President 587.293.3365
[email protected] -- 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
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.
FOR SALE 5002 - 55th Street, Red Deer, AB Main Floor Plan
3.63
Arc=15.23 Y)
DECK
MON
PROPERT
(COM
3.17
Unit 104
E
KAD ND PAR
ROU
ERG UND E OF
EDG
5
31.2
Arc=
3.56
110
120 UNIT 3
3 .7 14
13.00
29
SURVEYO
02
1.
3.
86
5.79
3.01
10
0.
30
65
UN
3.
130
0.05
UNIT 4
11
21.75
4.
Y
RT
0.10
ON
63
1.
MM
OPE
PR
CO
6.06
27 0.
Y ) ON perty LC BA on Pro
IT 25
UN
26.93
3.13
1.56
12.48
2.00
2.15
12.21
3.01
10
0.
17 2.
CO
12.23
.14
12
15.34
1.04 2.22
9.01
1.92
27
0.
39
6. 7.4
4.56
UNIT 7 )
ON perty LC BA on Pro
1.13
MAIN FLOOR
75
3.
0.13 12.48
(Co
0. 2. 19
28 41
4.
20
5.
Y
RT
6
15
2.
17
16
0.
ON
2.
.7
24
12.21
mm
MM
OPE
PR
CO
B
12.23
170
5.53
3.64
3.09
1.55
94
4.
UNIT 8
84
1.84
1.
4.
95
1.88
.14
15.34
71
1.
74
3.
mm
3
(Co
UNIT 6
14.12
75
12
Y ) ON perty LC BA on Pro
14.13
3.
IT 23
UN
88
1.7
1.
6
3.6
mm
16 5. Y ) ON perty LC BA on Pro
(Co
A
0.24 2.40
1.83
41
4.
6.
3.03
Y ) ON perty LC BA on Pro
0.45
44
3.
Vertical Plane
6.25
Y ) ON perty LC BA on Pro mm
UN
3.72
2.75
44
7
.1
12 17
IT 24
1.57
.16
61
1.
2.
.6
12
c=
0.09
26.93
90
6. 1.76
UN
17
2.13
IT 26
4.76
UNIT 15 (2 Parts)
1.39
18
5.
28.52
mm
Y ) ON perty LC BA on Pro
(Co
30
2.34
UNIT 5
Ar
(Co
UNIT 7
86
1.
4
.7
24
3
160
23.75
1.34
Vertical Plane
1.58
74
3.
IT 25
UN
4.74
92
on
mm
(Co
RED DEE Ph. 1-8
1.34
3.13
19
2.
mm
(Co
3.11
A
Ar
Y ) ON rty LC Prope BA
UNIT 17
87
1.
2.10
ON perty LC BA on Pro 4.92
c=
Ar
1.99
3.
30
5.
)
4.
c=
1
5.2
.56
12
Arc=
Y
3.26
8.00
4.21
mm
(Co
B
1.56
6
3.6
8
4.8 1
3.9
5.23
1.83
COMMON COMMONPROPERTY PROPERTY
Part of 3.27 UNIT 18 UNIT 18 (2 Parts) (2 Parts)
4.40
2.37
0.10
5.29
UNIT 6
PR
MATCHLINE MATCHLINE
19.25
8
4.8
14.12
UNIT 6
25.11
UNIT 4
FOURTH FLOOR 21.75
mm
150
14.13
71 1.
mm
6.06
28
20 Metres
A.L.S.
DIRK VANDENBRINK
5
1.
16
13.00
19.73
2 18 IT rts) UN 2 Pa (In
NAME:
6.70
B
5.56
6
Y
28.52
18 5.
3.56
Y ) ON rty LC Prope
19 2.
30
1.7
16 5. Y ) ON perty LC BA on Pro
(Co
0.05
Y
12
1.33
CO
27
1.
8
SURVEYOR
BA on Pro
(Co
3.6
1
0.7
Vertical Plane
BA
6.25
28 6.
24
74 3.
1.88
A
N PR
O
MM
4
(Co
Y ) ON perty LC BA on Pro 3
88
1.
11
4.
OPE
3.
75 3.
IT 23
UN
RT
ON
MM
16
0.
MAIN FLOOR
2
0.
Y
RT
OPE
140
1:200
3.82
0.24
8.52 41
4.
1.88
1.76
29 15.79
6
3.
Y ) ON perty LC
mm
4.
.7
24
88
2.15
07
0.
5.61
63
1.
.16
5.
65
3.
17
4.
.1
12 17
0. 41
0.09
0.22
15 2.
44
2.
IT 1
UN
17
2.13
3.03
Y ) ON perty LC BA on Pro 88 9. 20 mm 5.
(Co
7
SCALE =
0 44
IT 24
UN
6. 61
1.
2.
3.
86
5.79
MAIN FLOOR
UNIT 5
SHEET 4 OF 6 90
IT 26
UN
02
1.
.49
61
c=
Ar
4
.7
24
UNIT 3
4.76
16
44
IT
3.
UN
0.20
on mm (Co
4.74
92
UNIT 2 2.34
3 .7 14
71
2.
3
.6
12
c=
Ar
1.34
86
4.
c=
mm
8.00 1.34
1.13
1.
Ar
Y ) ON perty LC BA on Pro (Co
3.11
A 75 3.
30 2.
4.92
c=
Ar
mm
UNIT 17
87
1.
74 3.
)
ON perty LC BA on Pro (Co
1.99
Arc=
1
5.2
2.10
Y
.56
12
Arc=
3.17
5
31.2
3.63
B
19
PROPERT
3.
30 5.
(Co
Arc=15.23 Y)
MON
(COM
DECK
4.21
mm
KAD ND PAR
ROU
ERG UND E OF
EDG
1.58
E
8
4.8 1
3.41
39 6.
5
7.4
6
3.6
3.9
COMMENTS: -- 2,525 sf -- Partially leased -- River views -- High ceilings -- Base building condition -- Vacant possession
25.11
2.15
88
3.
1.88
5.61
07 0.
5.29
102
103
28
1.
1
0.7
8
4.8
FOURTH FLOOR
MATCHLINE 1.04
9.01
2.22 COMMON PROPERTY
Part of UNIT 18 (2 Parts)
Unit 102
COMMENTS: -- 1,176 sf -- Parking lot frontage -- High ceilings
D
MAIN FLOOR
44
2.
IT 1
17
1.
NAME:
6.70
0.
5.56
4.
27
1.33
2 18 IT rts) UN 2 Pa (In
0.09
0.24
8.52
2.00
24 15.79
2.15
3.82
3.
0.22
88
9.
104
1:2
16
44
IT
3.
UN
61
c=
Ar
SHEE SCALE =
5.
101A
.49
19.73
UNIT 2
71
2.
0.20
3.41
N
UNIT 7
N
RED DEER, ALBERTA Ph. 1-888-310-1255
DRAFTED BY:
W.E.E.J.
CLIENT:
RIVERCITY DEVELOPMENTS LTD.
CHECKED BY:
D.V.
FILE No.:
1933-004ZN
MAY 15, 2012
DRAWING FILE NAME:
1933-004ZNC4OF6
Unit 104
-- Base building condition -- Vacant possession
* Floor plans are representative, and are not exactly to scale
Unit 102 © 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.
Unit 104
FOR SALE 5002 - 55th Street, Red Deer, AB Main Floor Plan
3.63
Arc=15.23 Y)
DECK
MON
PROPERT
(COM
3.17
Unit 110
E
KAD ND PAR
ROU
ERG UND E OF
EDG
5
31.2
Arc=
3.56
110
120 UNIT 3
3 .7 14
71
16
44
IT
3.
29
UN
5.
0.20
02
1.
3.
86
5.79
13.00
2.
10
3.01
30
5.56
MAIN FLOOR
44
2.
IT 1
65
UN
3.
88
3.
1.88
130
0.05
UNIT 4
21.75
Y
RT
0.10
ON
63
1.
11
4.
MM
OPE
PR
CO
6.06
27 0.
5
7.4
Y ) ON perty LC BA on Pro
BA
on mm (Co
26.93
19.73
2.00
2.15
12.21
3.01
10
0.
17 2.
12.23
25.11
UNIT 4
6
21.75
1.83
1.92
27
0.
39
6.
4.56
UNIT 7 Y ) ON perty LC BA on Pro
75
UNIT 15 (2 Parts)
17
IT 24
0.13
2.
41
4.
20
5.
Y
RT
6
15
2.
17
16
0.
ON
2.
.7
24
12.21
mm
MM
OPE
PR
CO
B
12.23
170
1.57
3.64 94
4.
UNIT 8
84
1.84
1.
4.
95
1.88
.14
15.34
71
1.
74
3.
mm
3
(Co
UNIT 6
14.12
75
12
Y ) ON perty LC BA on Pro
14.13
3.
IT 23
UN
88
1.7
1.
6
3.6
mm
16 5. Y ) ON perty LC BA on Pro
(Co
A
5.53
1.55
1.83
19
28
6.
Y ) ON perty LC BA on Pro
0.45
0. 41
4.
0.24 2.40
Vertical Plane
6.25
44
3.
12.48
mm
UN
3.72
2.75
44
Y ) ON perty LC BA on Pro
(Co
3.09
.16
61
1.
2. 7
.1
12
0.09
26.93
90
6. 1.76
UN
17
2.13
IT 26
4.76
.6
12
c=
1.39
18
5.
28.52
mm
Y ) ON perty LC BA on Pro
30
(Co
2.
UNIT 5
Ar
(Co
UNIT 7
86
1.
4
.7
24
3
3.26
160
23.75
Vertical Plane
1.34
2.34
mm
1.13
MAIN FLOOR
3.
IT 25
UN
4.74
BA on Pro (Co
1.34
3.13
1.58
74
3.
A
Ar
Y ) ON perty LC
3.03
-- High ceilings -- Floor to ceiling windows -- Move in condition -- Vacant possession
mm
(Co
92
4.
c=
3.11
2.10
Y ) ON perty LC BA on Pro 4.92
c=
Ar
.56
12
Arc=
UNIT 17
87
1.
1.56
19
B
1.99
3.
30
5.
1
3.9
COMMENTS: -- 5,464 sf -- Gorgeous river views -- Built out high-end medical clinic space
1
8.00
4.21
mm
(Co
5.2
14.12 COMMON COMMONPROPERTY PROPERTY
5
7.4
3.6
8
MATCHLINE MATCHLINE
1.04 2.22
Part of 3.27 UNIT 18 UNIT 18 (2 Parts) (2 Parts) 2.37
0.10
5.29
UNIT 6
4.40
19.25
mm
FOURTH FLOOR
8
4.8
5.23
14.13
71 1.
(Co
1.7
16 5. Y ) ON perty LC BA on Pro
(Co
150 UNIT 6
9.01
4.8
20 Metres
12
PR
6
28
16
13.00
12
A.L.S.
DIRK VANDENBRINK
6.06
1.
28.52
18 5.
3.56
Y ) ON rty LC Prope
2 18 IT rts) UN 2 Pa (In
NAME:
6.70
B
5.56
CO
27
1.
3.13
75 3.
19 2.
30
mm
3.6
1
0.7
Vertical Plane
74 3.
1.76
6.25
28 6.
24
74 3.
1.88
A
Y
OPE
PR
CO
Y ) ON perty LC BA on Pro 3
88
1.
11
4.
RT
ON
MM
.16
29
3.
OPE
8
SURVEYOR
1.33
.14
UN
88
2.15
0.05
07
0.
5.61
63
1.
17
5.
IT 23
75 3.
3.
17
4.
ON perty LC BA on Pro
(Co
0.
Y
RT
ON
MM
4
3.82
0.24
8.52 41
4.
16
0.
15 2.
65
UN
3. 15.79
6
.7
24
MAIN FLOOR
2
)
mm
0.09
0.22
1.88
7
.1
12 17
0. 41
4.
140
1:200 0
44
Y
SCALE =
61
1.
2.
3.
86
3.03
Y ) ON perty LC BA on Pro 88 9. 20 mm 5.
(Co
44
2.
IT 1
6.
UN
IT 24
UN
MAIN FLOO
UNIT 5
SHEET 4 OF 6 90
IT 26
02
1.
5.79
4
.7
24
UNIT 3
16
44
IT
3.
UN
0.20
.49
61
c=
Ar
1.34
1.
4.74
4.76
1.34
1.13
86
92
UNIT 2 2.34
2.13
3 .7 14
71
2.
3
.6
12
c=
Ar
1.99
19
30 2.
(Co
3.11
A
IT 25
4.
c=
mm
UNIT 17
87
1.
UN
Ar
Y ) ON perty LC BA on Pro (Co
1
5.2
2.10
4.92
c=
Ar
mm
.56
12
Arc=
3.17
Y ) ON perty LC BA on Pro
Arc=
3.63
B
3.
30 5.
PROPERT
8.00
4.21
mm
(Co
Arc=15.23 Y)
MON
(COM
DECK
5
31.2
1.56
E
KAD ND PAR
ROU
ERG UND E OF
EDG
1.58
6
3.6
8
4.8 1
3.9
3.41
39 6.
103
28
1.
5.61
07 0.
5.29
102
27
25.11
2.15
17
4.
1.
6.70
0.
0.
104
1.33
2 18 IT rts) UN 2 Pa (In
0.09
0.24
8.52
2.00
24 15.79
2.15
3.82
3.
0.22
88
9.
3.41
101A
.49
61
c=
Ar
19.73
UNIT 2
N
0.7
1
4.8
8
FOURTH FLOOR
MATCHLINE 1.04
9.01
2.22 COMMON PROPERTY
Part of UNIT 18 (2 Parts)
UNIT 7 RED DEER, ALBERTA Ph. 1-888-310-1255
DRAFTED BY:
W.E.E.J.
CLIENT:
RIVERCITY DEVELOPMENTS LTD.
CHECKED BY:
D.V.
FILE No.:
1933-004ZN
MAY 15, 2012
DRAWING FILE NAME:
1933-004ZNC4OF6
FOR SALE 5002 - 55th Street, Red Deer, AB Main Floor Plan
E
KAD ND PAR
Arc=15.23
ROU
ERG UND E OF
3.63
N
Y)
EDG
DECK
MON
PROPERT
(COM
3.17
5
31.2
Arc=
3.56
110
120 UNIT 3
3 .7 14
13.00
29
1. 86
5.79
SURVEYO
02
3.
24 0.24
8.52
65
UN
3.
130
0.05
UNIT 4
11
21.75
4.
Y
RT
0.10
ON
63
1.
MM
OPE
PR
CO
6.06
27 0.
5
7.4
Y ) ON perty LC BA on Pro
74 3.
BA 26.93
12.48
2.00
2.15
A.L.S.
DIRK VANDENBRINK
12.21
3.01
10
0.
12.23
15.34
FOURTH FLOOR
UNIT 6
1.92
27
0.
39
6.
UNIT 7 Y ) ON perty LC BA on Pro
75
3.
IT 25
UN
UNIT 5
UNIT 15 (2 Parts) 0.13 12.48
(Co
0. 2. 19
28 41
4.
20
5.
Y
RT
6
15
2.
17
16
0.
ON
2.
.7
24
12.21
mm
MM
OPE
PR
CO
B
12.23
170
5.53
3.64
3.09
1.55
94
4.
UNIT 8
84
1.84
1.
4.
95
1.88
.14
15.34
71
1.
74
3.
mm
3
(Co
UNIT 6
14.12
75
12
Y ) ON perty LC BA on Pro
14.13
3.
IT 23
UN
88
1.7
1.
6
3.6
mm
16 5. Y ) ON perty LC BA on Pro
(Co
A
0.24 2.40
1.83
41
4.
6.
3.03
Y ) ON perty LC BA on Pro
0.45
44
3.
Vertical Plane
6.25
17
IT 24
3.72
2.75
44
Y ) ON perty LC BA on Pro mm
UN
0.09
26.93
90
6. 61
1.
2. 7
.1
12
1.57
.16
17
UN
1.76
IT 26
4.76
.6
12
c=
1.39
18
5.
28.52
mm
Y ) ON perty LC BA on Pro
(Co
30
4
.7
Ar
(Co
UNIT 7
86
1.
4.74
24
3
160
23.75
1.34
MAIN FLOOR
Vertical Plane
1.58
74
3.
2.
2.13
mm
(Co
1.13
2.34
ON perty LC BA on Pro
)
3.26
RED DEE Ph. 1-8
1.34
3.13
19
3.11
A
Ar
Y
UNIT 17
87
1.
2.10
mm
(Co
1.99
3.
30
5.
Y ) ON perty LC BA on Pro 4.92
c=
Ar
92
4.
c=
1
5.2
.56
12
Arc=
8.00
4.21
mm
(Co
B
1.56
3.6
8
4.8 1
3.9
14.12
4.56
2.37
1.83
COMMON COMMONPROPERTY PROPERTY
Part of 3.27 UNIT 18 UNIT 18 (2 Parts) (2 Parts)
5
7.4
6
28
MATCHLINE MATCHLINE
1.04 2.22
9.01 4.40
19.25
8
4.8
PR
5.23
25.11
UNIT 4 21.75
mm
150 UNIT 6
14.13
71
1.
(Co
6.06
1.
28.52
13.00
19.73
2 18 IT rts) UN 2 Pa (In
NAME:
6.70
B
5.56
CO
6
1
20 Metres
12
3.6
0.7
18 5.
3.56
19 2.
17 2.
PR
30
1.7
16 5. Y ) ON perty LC BA on Pro
(Co
OPE
16
0.
CO
27
1.
12
1.33
mm
74
3.
0.05
0.10
MM
28 6.
24
75
1.88
07
Y
RT
ON
63
1.
Y ) ON rty LC Prope
6.25
3.
3.
2.15
5.61
0.
5.29
COMMENTS: -- 3,020 sf -- High ceilings -- Tall floor to ceiling windows -- Base building condition -- Vacant possession
8
SURVEYOR
(Co
Y ) ON perty LC BA on Pro 3
88
A
ON
MM
4
.14
UN
1.
11
on mm (Co
29 16
0.
IT 23
3.13
75 3.
.16
5.
.7
24
MAIN FLOOR
88
OPE
2
3.82
0.24
8.52
Y
RT
6
3.
4.
4.
41
4.
1.88
1.76
17
2.13
15.79
15 2.
44
2. 65
3.
17
4.
Y ) ON perty LC BA on Pro mm
0.09
0.22
7
.1
17
0. 41
140
1:200 0
44
12
SCALE =
61
1.
2.
3.
86
3.03
Y ) ON perty LC BA on Pro 88 9. 20 mm 5.
(Co
6.
UN
IT 24
UN
MAIN FLOOR
UNIT 5
SHEET 4 OF 6 90
IT 26
02
1.
5.79
4
.7
24
UNIT 3
16
44
IT
3.
UN
0.20
.49
61
c=
Ar
1.34
1.
4.74
4.76
1.34
1.13
86
92
UNIT 2 2.34
3 .7 14
71
2.
3
.6
12
c=
Ar
1.99
mm
(Co
3.63
30 2.
4.92
c=
Ar
3.11
A
IT 25
4.
c=
mm
UNIT 17
87
1.
UN
Ar
Y ) ON perty LC BA on Pro (Co
1
5.2
2.10
Y ) ON perty LC BA on Pro
.56
12
Arc=
3.17
31.2
Arc=
19
B
3.
30 5.
PROPERT
8.00
4.21
mm
(Co
Arc=15.23 Y)
MON
(COM
DECK
5
1.56
E
KAD ND PAR
ROU
ERG UND E OF
EDG
1.58
6
3.6
8
4.8 1
3.9
3.41
39 6.
103
IT 1
25.11
2.15
88
3.
1.88
5.61
07 0.
5.29
102
28
UN
0.7
1
8
4.8
FOURTH FLOOR
MATCHLINE 1.04
9.01
2.22 COMMON PROPERTY
Part of UNIT 18 (2 Parts)
UNIT 7 RED DEER, ALBERTA Ph. 1-888-310-1255
Unit 160
COMMENTS: -- 2,822 sf -- High ceilings -- Parking lot frontage
D
3.41
3.01
10
0.
30
5.56
17
1.
NAME:
6.70
0.
MAIN FLOOR
44
2.
IT 1
4.
27
1.33
2 18 IT rts) UN 2 Pa (In
0.09
15.79
2.00
3.
0.22
2.15
3.82
88
1.
1:2
16
44
IT
3.
UN
0.20
9.
104
SHEE SCALE =
5.
101A
.49
61
c=
Ar
19.73
UNIT 2
71
2.
Vertical Plane
Unit 130
DRAFTED BY:
W.E.E.J.
CLIENT:
RIVERCITY DEVELOPMENTS LTD.
CHECKED BY:
D.V.
FILE No.:
1933-004ZN
MAY 15, 2012
DRAWING FILE NAME:
N
-- 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.
1933-004ZNC4OF6
FOR SALE 5002 - 55th Street, Red Deer, AB Second Floor Plan
N
E
KAD ND PAR
ROU
ERG UND E OF
63 3.
Unit 210
Y)
EDG
DECK
MON
(COM
PROPERT
6
40.5
0.40 60 0. 0.60
0.60 0.60
60
0.
1.
SHEET 5 O
UNIT 10
49
mm
3.
(Co
1.
3.62
12
22
5.
5.
210
44
16 on Pro
44
6.
) rty pe
1.
SCALE =
1:200
13.25
55
SURVEYOR
10
1.12
.0 8
5. 10
.08
2.07
1.76
2.20
3.04
UNIT 182 (2 Parts)
NAME:
5.89
DIRK VAND
3.41
24.23
88
9.
1.70
2.35
61
201 IT 9
230
65
3.
UN
30 0.
83
UNIT 11
12.14
1.86
19
4.
3. 1.68
15.52
6.31
SECOND FLOOR
44
2.
85 1.
Y
RT
91
1.
N MO
OPE
PR
M
3.11
CO
12.20
5.29 3.14
85
E
5.
O
39 6.
31 0.
EDG
N PR
O MM
CO
0
7.5
Y)
PROPERT
MON
(COM
DECK
63 3.
KAD 89 ND PAR 7. ROUY ERG UND RT E OF PE
27
1.
6
40.5
0.40 60 0. 0.60
Y ) ON perty LC BA on Pro
0.60 (Co 0.60 3 5.2 60 0.
mm
BA
13.25
26 2.
1
.1 24 6.
3.04 12.14
1.58
0.62 0.62
15.28
COMMON PROPERTY COMMON PROPERTY
00.90 .90
3.20
UNIT UNIT 18 18 (In (In 22 Parts) Parts)
5.20
28.44
MATCHLINE
2.43
5.65
mm
Y ) ON perty LC BA on Pro
(Co
5.23
260
26
2.
79
.1
60
1
1.
.5
12
6.
c=
12
IT 28
0.16
17.66
44
12.19
mm
(Co
12.19
2.
UN
2.
Y ) ON rty .17 BALC Prope on
24
Ar
UNIT 14
1.
UN
17
2.09
IT 30
74
4.
6.
41
21
7.32
B
43
3. 12.48
5
3.75
24.72
.1
12
IT 27
UN
73
1.
3.
Y ) ON perty LC BA on Pro
UNIT 13
mm
0.56
8
1.
99
4.8
1.58
0.76
COMMON PROPERTY
0.90
1.87
15.28
2.43
0.04 4.56
4.46
UNIT 18 (In 2 Parts)
UNIT 14
Unit 240
-- Frontage onto Gaetz Avenue & parking lot -- Base building condition -- Vacant possession
00
5.
84
1.84
FIFTH FLOOR
COMMENTS: -- 2,827 sf -- High ceilings
270 4.
mm
16 5. Y ) ON perty LC BA on Pro
(Co
0.7
2
UNIT 15
12.27
73
(Co
1.23
OPE
PR
2 1.7 6 3.6
87
1.
A
ON
MM
CO
0.57
98
1.
87
1.
2.20
16
0.
Y
RT
6
.7
24
1.83
42
4.
24
5.
0.62
mm
28.44
Y ) ON perty LC BA on Pro
(Co
4.60
23
6.
4.
15.22
2.28
RED DEER, ALBERTA Ph. 1-888-310-125
92
6
2.16
UNIT 14
85
CONTIGUOUS OPTIONS: Unit 210 + Unit 230 = 12,292 sf Unit 210 + Unit 230 + Unit 240 = 15,330 sf mm
(Co
12.27 24.72
73
3.
27.34
4.46
0.76
1.
24
93
ON perty LC BA on Pro
3.14
N
0.04 0.04 4.56
UNIT 12
0.06
3.73
IT 29
.73
)
27.32
15.52
SECOND FLOOR
A
RED DEER, ALBERTA Ph. 1-888-310-1255
Unit 230
1.58
1.87 1 .87
1.
UN
4.75
UNIT 13
8
Ar
Y
12.48
250
4.8
2.11
mm
(Co
12.20
27.32
.60
4.
c=
B
UNIT 11
FIFTH FLOOR
99
11
30
5.
Y ) ON perty LC BA on Pro 4.95
c=
Y
86
3.9
Ar
OPE
PR
CO
1.
3
5.2
12
Arc=
12.19
(Co
3.
B
8
A.L.S.
DIRK VANDENBRINK
28.44
73
mm
16 5. Y ) ON perty LC BA on Pro
2
0.7
mm
4.8
NAME:
UNIT 13
Y ) ON perty LC BA on Pro
1
44
2.
mm
(Co
39
31
6.
0.
A
20 Metres
mm
(Co
73
5.
16
(Co
RT
ON
MM
12
Y ) ON rty .17 BALC Prope on
12
5
Y ) ON perty LC BA on Pro
1.
3.
3.11
Y
RT
OPE
PR
5.89
8
24.72
3.75
85 85
3.14
89
7.
ON
MM
CO
0
7.5
3.6
1. 2.20
4
2 1.7 6 3.6
87
1.
6
28
1.
2.20
98 1.
1.86
16
0.
6.31
2
.1
12
IT 27
5.29
27
1.
0
UN
M
CO
42
4.
6
.7
24
1.
UNIT 182 (2 Parts)
60
21 2.
24
5.
87
Y
4.
23 6.
30 0.
1.
OPE
PR
79 1.
17
2.09
mm
(Co
83
3. 1.68
RT
N MO
)
ON perty LC BA on Pro
65
3.
19
4.
91
1.70
8
3.14
41
SECOND FLOOR
2.07
.0
10
1.76
0.16
UN
3.41
10
5.
24.23
IT 28
1.
5.23
) rty pe
55
6
.5
12
c=
Ar
UN
2.35
SECOND FLOOR
UNIT 12
1:200
SURVEYOR
92
6.
IT 30
74
4.
88
Y
SCALE =
Y ) ON rty LC Prope
Pro
6.
mm
9.
44
2.
IT 9
on mm (Co
on
.73
24
93
4.
c=
Ar
Y ) ON perty LC BA on Pro (Co
61
UN
73 3.
2.28
49
mm
3.
(Co
44
1.
1.
1.12
.08
SHEET 5 OF 6
85
UN
4.75
240
A
IT 29
UNIT 10
mm
(Co
86
2.11
22
12
4.95
c=
Ar
1.
3.62
5.
5.
1.
1.
2.38
30 5.
Y ) ON perty LC BA on Pro
44
16
COMMENTS: -- 9,465 sf -- Beautiful river views with frontage onto Gaetz Avenue -- High ceilings -- Base building condition -- Vacant possession
.60
12
Arc=
3.73
B
27.34
3.6
8
4.8 1
3.9
99 1.
11 3.
6
28
1.
DRAFTED BY:
W.E.E.J.
CLIENT:
RIVERCITY DEVELOPMENTS LTD.
CHECKED BY:
D.V.
FILE No.:
1933-004ZN
MAY 15, 2012
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
© 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.
DRAWING FILE NAME:
1933-004ZNC5OF6
FOR SALE 5002 - 55th Street, Red Deer, AB Second Floor Plan
N
E
KAD ND PAR
ROU
ERG UND E OF
63 3.
Unit 260
Y)
EDG
DECK
MON
(COM
PROPERT
6
40.5
0.40 60 0. 0.60
0.60 0.60
60
0.
3.62
12
22
5.
5.
210
44
16
1.
SHEET 5 O
UNIT 10
49
mm
3.
(Co
1.
on Pro
44
6.
) rty pe
1.
SCALE =
1:200
13.25
55
SURVEYOR
10
1.12
.0 8
5. 10
.08
2.07
1.76
2.20
3.04
UNIT 182 (2 Parts)
NAME:
5.89
DIRK VANDEN
3.41
24.23
88
9.
1.70
2.35
61
201
SECOND FLOOR
2.
IT 9
230
65
3.
UN
30 0.
83
UNIT 11
12.14
1.86
19
4.
3. 1.68
15.52
6.31
44
85 1.
Y
RT
91
ON
1.
MM
OPE
PR
3.11
CO
12.20
5.29 3.14
85
E
5.
39 6.
31 0.
EDG
O
PR
ON
MM
7.5
Y)
PROPERT
MON
(COM
DECK
CO
0
63 3.
KAD 89 ND PAR 7. ROUY ERG UND RT E OF PE
27
1.
6
40.5
0.40 60 0. 0.60
Y ) ON perty LC
BA on Pro
0.60 (Co 0.60 3 5.2 60 0.
mm
mm
13.25
26 2.
1
.1 24
6.
3.04 12.14
12.27 0.62 0.62
15.28
2.43 COMMON PROPERTY COMMON PROPERTY
3.20
UNIT UNIT 18 18 (In (In 22 Parts) Parts) 5.65
mm
Y ) ON perty LC BA on Pro
(Co
5.23
260
26 17.66
92
6.
.1
79
1.
UN
17
2.09
IT 30
74
4.
60
1
1.
.5
12
6.
c=
12
IT 28
0.16
12.19
mm
(Co
12.19
2.
41
21
4.
42
4. 24
5.
2.20
16
0.
Y
RT
6
.7
24
ON
98
MM
OPE
PR
CO
7.32
mm
1.
B 43
3. 12.48
3.
-- Base building condition -- Vacant possession
UNIT 15
12.27
73
2
270 0.56 1.84
8
00
5.
84
1.
FIFTH FLOOR
1.58
0.62
4.
99
4.8
0.76
4.46
15.28
2.43
0.04 4.56
COMMON PROPERTY
0.90
0.7
1.87
mm
16 5. Y ) ON perty LC BA on Pro
(Co
A
24.72
mm
0.57
73
1.
28.44
UNIT 13 Y ) ON perty LC BA on Pro
(Co
3.6
1.23
5
.1
12
IT 27
UN
2 1.7 6
87
1.
1.83
87
1.
3.75
COMMENTS: -- 1,857 sf -- High ceilings -- Frontage onto Gaetz Avenue & parking lot
Y ) ON perty LC BA on Pro (Co
4.60
23
6.
3.14
UN
44
2.
Y ) ON rty .17 BALC Prope on
24
Ar
UNIT 14
15.22
2.28
RED DEER, ALBERTA Ph. 1-888-310-1255
2.
mm
MATCHLINE
24.72
UNIT 14
85
0.76
1. .73
(Co
2.16
0.06
27.34
73
3.
2.11
4.46
27.32
3.73
4.56
UNIT 12
1.87 1 .87
99
1.
0.04 0.04
5.20
28.44
1.58
SECOND FLOOR
A
24
93
4.
6
27.32
15.52
FIFTH FLOOR
1.58
mm
16 5. Y ) ON perty LC BA on Pro
(Co
8
UN
4.75
UNIT 13
4.8
Ar
Y ) ON perty LC BA on Pro
12.48
250
28.44
73
73
11
30
5.
mm
(Co
12.20
86
1.
IT 29
BA on Pro 4.95
c=
Ar
B
UNIT 11
UNIT 13
1.
3.
2
0.7
3.9
c=
OPE
PR
(Co
3.
B
ON
MM
CO
5
BA on Pro
mm
Y ) ON perty LC
A.L.S.
DIRK VANDENBRINK
12.19
Y
Y ) ON perty LC
Y ) ON perty LC BA on Pro
4.8
NAME:
mm
(Co
2 1.7 6
3
20 Metres
3.6
5.2
.60
16
24.72
3.75
3.11
39
31
6.
0.
A
1
44
2.
Y ) ON rty .17 BALC Prope on
12
mm
12
Arc=
12
21
98
85
Y
RT
OPE
PR
ON
MM
CO
0
7.5
8
(Co
87
3.6
2.20
16
0.
1.
8
5.89
4
.1
12
IT 27
5.
6
28
60
1. 2.20
2
UN
85
3.14
89
7.
6.31
RT
6
1.
CO
5.29
27
1.
42
4.
.7
24
87
Y
0
2.
24
5.
1.
1.86
1.
OPE
PR
UNIT 182 (2 Parts)
1:200
SURVEYOR
23
30
83
3. 1.68
RT
ON
MM
4.
6.
3.14
mm
(Co
0.
19
4.
91
1.
79 1.
17
2.09
10
UN
1.70
8
5.
41
SECOND FLOOR
2.07
.0
1.76
0.16
3.41
10
Y ) ON perty LC BA on Pro
UN
2.35
24.23
IT 28
UN
2.
5.23
) rty
pe
6
.5
12
c=
Ar
88
9.
65
SCALE =
92
6.
IT 30
74
4.
UNIT 12
00.90 .90
Pro
55
6.
mm
Y ) ON perty LC BA on Pro
(Co
on
.73
24
93
4.
c=
44
3.
1.
Ar
Y ) ON perty LC BA on Pro (Co
61
IT 9
SHEET 5 OF 6
85
UN
SECOND FLOOR
240
A
IT 29
UNIT 10
4.75
1.
1.12
.08
86
73 3.
2.28
49
mm
3.
(Co
c=
Ar
44
mm
(Co
2.11
22
12
4.95
1.
3.62
5.
5.
1.
2.38
30 5.
BA on Pro
44
16
1.
1.
.60
12
Arc=
3.73
B Y ) ON perty LC
27.34
3.6
8
4.8 1
3.9
99 1.
11 3.
6
28
1.
UNIT 18 (In 2 Parts)
UNIT 14 RED DEER, ALBERTA Ph. 1-888-310-1255
DRAFTED BY:
W.E.E.J.
CLIENT:
RIVERCITY DEVELOPMENTS LTD.
CHECKED BY:
D.V.
FILE No.:
1933-004ZN
MAY 15, 2012
DRAWING FILE NAME:
1933-004ZNC5OF6
© 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
Floor Plan - 201
UNIT
201
SIZE
13,162 sf
PARKING
19 underground stalls 35 surface stalls
TERM
Aug 1, 2014 - July 31, 2024
NOI
Aug 1, 2014 - July 31, 2019 = $363,240.00 Annually Aug 1, 2019 - July 31, 2024 = $404,754.00 Annually
OPTIONS TO RENEW
Two (2) further terms of five (5) years
PURCHASE PRICE
Contact Agent
A E L
N
D E S
Floor Plan - 103 UNIT
103
SIZE
1,616 sf
PARKING
1 underground stall 6 surface stalls
TERM
May 1, 2015 - April 30, 2025
NOI
May 1, 2015 - April 30, 2020 = $46,044.00 Annually May 1, 2020 - April 30, 2025 = $50,892.00 Annually
OPTIONS TO RENEW
Two (2) further terms of five (5) years
PURCHASE PRICE
Contact Agent
LE
N
E AS
D
Floor Plan - 101A UNIT
101 A
SIZE
3,600 sf
PARKING
3 underground stalls 26 surface stalls
TERM
Jan 15, 2014 - Jan 14, 2024
NOI
Jan 15, 2014 - Jan 14, 2019 = $107,445.00 Annually Jan 15, 2019 - Jan 14, 2024 = $118,245.00 Annually
OPTIONS TO RENEW
Two (2) further terms of five (5) years
PURCHASE PRICE
Contact Agent
LE
E AS
N
D
© 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 at Rivers Edge Elements at Rivers Elements Edge - Stabilized Income Pro Forma Elementsand at Rivers Edge Stabilized Income and pro Forma Tenant Alberta Energy Regulator Dynalife Alberta Blue Cross
Area Tenant
Lease Start
Lease Expiry Area
13,179 3,600 1,616
8/1/2014 1/15/2014 5/1/2015
7/31/2024 1/15/2024 13,179 5/1/2025 3,600 1,616
Alberta Energy Regulator Dynalife Alberta Blue Cross
Annual Existing Rental Income Annual Existing Rental Income Less: Structural / Vacancy Allowance (1%) Less: Structural / Vacancy Allowance (1%) Stabilized Net Existing Operating Income Stabilized Net Existing Operating Income $2,150,000.00 -$5,759,444.75
First Year Stabilized Analysis Price Annual Net Operating Income Overall CAP. Rate
Total Price 1st Year Debt Service:
2,150,000 First Year Stabilized Analysis Price Annual Net Operating Income Overall CAP. Rate
Total Price
$
-
7,859,445
$
Interest Rate LTV 1st Year Debt65% Service: 3.00% Potential New Mortgage $5,108,639 Potential New Mortgage Equity (Initial Capital) $ 2,750,806 Equity (Initial Capital) Annual Prinicple Payments $189,687 Annual Prinicple Payments Annual Interest Payments $149,732 Annual Interest Payments Total Annual Debt Service $339,419 Total Annual Debt Service Cash Flow After Debt Service $171,445 Cash Flow After Debt Service First Year Cash on Cash Return 6.23% First Year Cash on Cash Return First Year Return on Equity 13.13% First Year Return on Equity
2 further terms of 5 years 2 further8/1/2014 terms of 5 years 2 further terms of 5 years 1/15/2014 5/1/2015
$22.85 $62,100 $24.00 7/31/2024 2 further terms of 5 years$20,340 $24.00 1/15/2024 2 further terms of 5 years$7,260 5/1/2025 2 further terms of 5 years
$22.85 $24.00 $24.00
$363,240 $106,740 $46,044
$62,100 $20,340 $7,260
$516,024 -$5,160 $510,864 $2,200,000.00 $2,150,000.00 2200000
2100000 $7,859,445 $510,864 6.50%
$
Stabilized Income and pro Forma NNN Net Rental Income - Year One Renewal Options Annual Parking Revenue NNN Net Rental Rate Lease Start Lease Expiry Renewal Options Annual Parking Revenu Rate
2,150,000
$
-$5,759,444.75
$2,200,000.00
2100000 $7,859,445 $510,864 6.50%
$ 7,859,445 Amortization (years) Interest Rate LTV 20 65% 3.00% $5,108,639 $ 2,750,806
2200000
$
Amortization (years) 20
$189,687 $149,732 $339,419 $171,445 6.23% 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 isThis based has Financial been obtained from various sources considered Avison Commercial Real Estatethat Alberta Inc. makes purchaser no representations, declarations warranties, express or implied, as to the This accuracy or completeness the *Disclaimer: Short Analysis (“SFA”) does not purport to bereliable. all inclusive or Young to contain all the information the prospective may require in decidingorwhether or not to purchase the Property. SFA provides selectiveof information relating to certain information or statements contained herein or otherwise and such information or statements should not relied upon purchasers without independent investigation verification. characteristics of the property. The information onbe which this SFAby is prospective based has been obtained from various sources consideredand reliable. Avison Young Commercial Real Estate Alberta Inc. makes no representations, declarations or warranties, express or implied, as to the acc
*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 information statements contained herein or otherwise and information or statements not be uponaccuracy by prospective without independent investigation and verification. Young Commercial Real Estate Alberta Inc. makesor no representations, declarations orsuch warranties, express or should implied, asrelied to the or purchasers 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.
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 w
Vacant, base building condition
230
2,827 w
Vacant, base building condition
240
3,038 w
Vacant, base building condition
w Units 210, 230 & 240 contiguous for 15,330 sf
260
1,857
Vacant, base building condition
Paul McKay, Vice President 587.293.3365
[email protected] 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.
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
N SUBJECT PROPERTY
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Image © 2016 Google
© 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