FOR SALE – Excellent investment for OWNER. 13,949 commercial space for sale. Prime location near high traffic intersection of Taylor Road and 67th Street with easy access from both 67th Street and 67A Street.
Long term tenants include Sweet Capone’s Italian Bakery & Cannoli Shop, Booster Juice anchored by Krazy Binz Liquidation Red Deer. Sweet Capone’s is a local Italian bakery specializing many varieties of cannoli. Booster Juice is a national franchise juice and smoothie bar (20 year tenant). Krazy Binz Liquidation is a new concept in shopping, we offer STEEP discounts with the price FALLING EVERYDAY until the final day of the week. They are a new business to Red Deer opening in March of 2021 and quickly expanding to Calgary and Edmonton markets. (5 year lease in place)
New roof installed in 2021 at a cost of $85,000
6.19 Cap Rate Average, escalations to an end cap rate of 7.60%