COMMERCIAL CONDO BUILDING FOR LEASE

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1 COMMERCIAL CODO BUILDIG TH STREET, RED DEER, AB Elements at River s Edge Building Size: Year of Construction: 2014 umber of Storeys: 2 ±78,225 SF Zoning: DC (3) Parking: Storage: Rent: Ample underground & surface parking Titled stalls for sale Titled storage units Market Operating Costs: $13.76 psf (2017) Comments: Walking distance to downtown amenities; 4 blocks to central downtown Red Deer s highest quality A Class office condos for sale 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 Condo fees include water and electricity Paul McKay, Vice President paul.mckay@avisonyoung.com Mark Hartum, Principal mark.hartum@avisonyoung.com Alexi Olcheski, Principal alexi.olcheski@avisonyoung.com

2 2.10 UIT UIT 8 UIT UIT UIT UIT 5 UIT 6 Part of Unit 104 Main Floor Plan Arc= A EDGE OF UDERGROUD PARKADE UIT 16 Arc= DECK () Arc= UIT MAI FLOOR COMMETS: 2,525 sf Partially leased River views Arc= UIT 24 UIT 25 UIT FOURTH FLOOR 2 UIT Unit 102 COMMETS: 1,176 sf Parking lot frontage Unit 104 * Floor plans are representative, and are not exactly to scale Unit 102 Unit 104

3 2.10 UIT UIT 8 UIT UIT UIT UIT 5 UIT 6 Part of Unit 110 Main Floor Plan Arc= A EDGE OF UDERGROUD PARKADE UIT 16 Arc= DECK () Arc= UIT MAI FLOOR Arc= UIT 24 UIT 25 UIT FOURTH FLOOR 2 UIT COMMETS: 5,464 sf Gorgeous river views Built out high-end medical clinic space Condo Fees: $1, /month Property Taxes: $16, /year Total is $5.63 psf/year Floor to ceiling windows Move in condition

4 2.10 UIT UIT 8 UIT UIT UIT UIT 5 UIT 6 Part of Unit 130 Main Floor Plan Arc= A EDGE OF UDERGROUD PARKADE UIT 16 Arc= DECK () Arc= UIT MAI FLOOR COMMETS: 3,020 sf Tall floor to ceiling windows Condo Fees: $ /month Property Taxes: $9, /year Total is $5.86 psf/year Arc= UIT 24 UIT 25 UIT FOURTH FLOOR 2 UIT Unit 160 COMMETS: 2,822 sf Parking lot frontage Condo Fees: $ /month Property Taxes: $8, /year Total is $5.80 psf/year

5 UIT UIT UIT 11 UIT 14 1 UIT 12 UIT Unit 210 Second Floor Plan (Common Property) EDGE OF UDERGROUD PARKADE DECK () COMMETS: 9,465 sf Beautiful river views with frontage onto Gaetz Avenue Condo Fees: $2, /month Property Taxes: $29, /year Total is $5.73 psf/year COTIGUOUS OPTIOS: Unit Unit 230 = 12,292 sf Unit Unit Unit 240 = 15,330 sf UIT UIT UIT Arc= Arc= FIFTH FLOOR 2.21 Arc=12.60 UIT UIT SECOD FLOOR Unit 230 Unit 240 COMMETS: 2,827 sf Frontage onto Gaetz Avenue & parking lot Condo Fees: $ /month Property Taxes: $8, /year Total is $4.77 psf/year COMMETS: 3,038 sf Frontage onto Gaetz Avenue & parking lot with almost full floor to ceiling windows Condo Fees: $ /month Property Taxes: $9, /year Total is $6.21 psf/year

6 UIT UIT UIT 11 UIT 14 1 UIT 12 UIT Unit 260 Second Floor Plan EDGE OF UDERGROUD PARKADE DECK () (Common Property) UIT Arc= Arc= Arc=12.60 UIT SECOD FLOOR UIT UIT UIT FIFTH FLOOR COMMETS: 1,857 sf Frontage onto Gaetz Avenue & parking lot Condo Fees: $ /month Property Taxes: $5, /year Total is $6.19 psf/year

7 50 (Gaetz) Ave Red Deer is the 3 rd largest ciy in Alberta and the 6 th 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 orth America provides for a diverse and resilient economy. RED DEER BUSIESS ADVATAGES 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: o business taxes o capital tax o machinery and equipment tax o payroll tax Provincial corporate income tax of 12 percent, small business rate of 3 percent Source: SUBJECT PROPERTY Taylor Drive 55 Street 50 Avenue Gaetz Avenue DOWTOW 48 Avenue 55 Street Image 2016 Google Image 2016 Google 2018 Avison Young Real Estate Alberta Inc. All rights reserved.

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