$ 3.400.000

9 Hawkridge Boulevard, Penhold

  • Living area: 12670 square feet
  • Type: Commercial
  • Added: 57 days ago
  • Updated: 13 days ago
  • Last Checked: 13 hours ago
Great investment opportunity for this busy fully leased strip mall in the thriving town of Penhold, with solid long term tenants. This well constructed strip mall was built in 2014 (HAWKRIDGE MARKET SQUARE) on 1.19 acres the corner of highway 2a and Hawkridge Blvd. ( also one block from highway 42 that accesses highway QE2) in a busy shopping centre with numerous tenants in the surrounding CRU properties including Canada Post, IGA, Dairy Queen, Tim Hortons, Subway, IDA, Dentist, Doctors office etc. Penhold is a booming town located 7 minutes from Red Deer, with the relatively recent addition of a Multiplex, new High school, new residential subdivision. Population in the immediate trading area is close to 3000 people and growing with 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 Antler Hill Veterinarian Clinic, Blair's Liquor Store, Piece By Piece Nutrition Inc. , Mullets Barber Shop, Arashi Do Martial arts, Organic Oasis Spa & Salon Ltd. and Oh My Vape. This is the only strip mall in the immediate shopping district which can operate a liquor store (restrictive covenant for surrounding retail in place). CURRENTLY GENERATES $226568/YR NET INCOME WITH ESCALATORS IN PLACE. (id:1945)

Property DetailsKey information about 9 Hawkridge Boulevard

  • Cooling: Fully air conditioned
  • Heating: Natural gas
  • Year Built: 2014
  • Structure Type: Commercial Mix
  • Exterior Features: Stone, Stucco
  • Building Area Total: 12670
  • Foundation Details: Slab
  • Construction Materials: Steel frame

Interior FeaturesDiscover the interior design and amenities

  • Living Area: 12670
  • Above Grade Finished Area: 12670
  • Above Grade Finished Area Units: square feet

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 9 Hawkridge Boulevard

  • Water Source: Municipal water
  • Lot Size Units: acres
  • Lot Size Dimensions: 1.19

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold
  • Subdivision Name: Hawkridge Estates

Business & Leasing InformationCheck business and leasing options available at 9 Hawkridge Boulevard

  • Business Type: Personal Services, Recreation, Restaurant, Retail and Wholesale, Service
  • Existing Lease Type: Other, See Remarks

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system
  • Utilities: Water, Sewer, Natural Gas, Electricity

Tax & Legal InformationGet tax and legal details applicable to 9 Hawkridge Boulevard

  • Tax Lot: 3
  • Tax Year: 2024
  • Tax Block: 6
  • Parcel Number: 0035657378
  • Tax Annual Amount: 39315
  • Zoning Description: C2

Additional FeaturesExplore extra features and benefits

  • Security Features: Full Sprinkler System
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members of The Canadian Real Estate Association

Nearby Listings Stat

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More Details?
  • Brad Granlund
  • RCR - Royal Carpet Realty Ltd.
  • 403-302-2737
  • WebSite

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