COMMERCIAL CODO BUILDIG 5002-55TH 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 587.293.3365 paul.mckay@avisonyoung.com Mark Hartum, Principal 780.429.7557 mark.hartum@avisonyoung.com Alexi Olcheski, Principal 403.232.4332 alexi.olcheski@avisonyoung.com
2.10 UIT 2 15.79 19.73 8.52 UIT 8 UIT 3 0.13 2.75 3.82 1.57 5.56 2.00 3.72 2.40 1.39 1.33 4.21 8.00 UIT 17 3.13 1.13 9.01 UIT 4 12.23 3.09 1.55 UIT 5 UIT 6 Part of 6.70 1.04 2.22 5.53 Unit 104 Main Floor Plan Arc=61.49 101A 14.73 5.79 0.20 2.71 EDGE OF UDERGROUD PARKADE UIT 16 Arc=31.25 3.24 3.02 DECK () 110 3.17 Arc=1 120 3.63 3.56 13.00 103 104 102 7.45 0.27 6.06 UIT 1 0.07 1.63 5.61 0.05 4.11 4.17 3.88 3.19 0.22 5.21 MAI FLOOR 3.74 3.01 21.75 2 130 1.56 25.11 COMMETS: 2,525 sf Partially leased River views 5.20 3.03 5.16 3.74 Arc=12.63 2.13 1.71 0.71 1.73 4.76 2.34 12.14 UIT 24 UIT 25 UIT 23 6.28 2.30 17.16 2.17 6.25 2.19 0.17 FOURTH FLOOR 2 UIT 26 1.61 6.90 5.18 170 14.13 26.93 2 0.45 4.95 140 150 160 4.94 28.52 14.12 3.64 19.25 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
2.10 UIT 2 15.79 19.73 8.52 UIT 8 UIT 3 0.13 2.75 3.82 1.57 5.56 2.00 3.72 2.40 1.39 1.33 4.21 8.00 UIT 17 3.13 1.13 9.01 UIT 4 12.23 3.09 1.55 UIT 5 UIT 6 Part of 6.70 1.04 2.22 5.53 Unit 110 Main Floor Plan Arc=61.49 101A 14.73 5.79 0.20 2.71 EDGE OF UDERGROUD PARKADE UIT 16 Arc=31.25 3.24 3.02 DECK () 110 3.17 Arc=1 120 3.63 3.56 13.00 103 104 102 7.45 0.27 6.06 UIT 1 0.07 1.63 5.61 0.05 4.11 4.17 3.88 3.19 0.22 5.21 MAI FLOOR 3.74 3.01 21.75 2 130 1.56 25.11 5.20 3.03 5.16 3.74 Arc=12.63 2.13 1.71 0.71 1.73 4.76 2.34 12.14 UIT 24 UIT 25 UIT 23 6.28 2.30 17.16 2.17 6.25 2.19 0.17 FOURTH FLOOR 2 UIT 26 1.61 6.90 5.18 14.13 26.93 140 150 28.52 14.12 COMMETS: 5,464 sf Gorgeous river views Built out high-end medical clinic space Condo Fees: $1,168.53 /month Property Taxes: $16,763.15 /year Total is $5.63 psf/year 170 2 0.45 160 4.95 4.94 3.64 19.25 Floor to ceiling windows Move in condition
2.10 UIT 2 15.79 19.73 8.52 UIT 8 UIT 3 0.13 2.75 3.82 1.57 5.56 2.00 3.72 2.40 1.39 1.33 4.21 8.00 UIT 17 3.13 1.13 9.01 UIT 4 12.23 3.09 1.55 UIT 5 UIT 6 Part of 6.70 1.04 2.22 5.53 Unit 130 Main Floor Plan Arc=61.49 101A 14.73 5.79 0.20 2.71 EDGE OF UDERGROUD PARKADE UIT 16 Arc=31.25 3.24 3.02 DECK () 110 3.17 Arc=1 120 3.63 3.56 13.00 103 104 102 7.45 0.27 6.06 UIT 1 0.07 1.63 5.61 0.05 4.11 4.17 3.88 3.19 0.22 5.21 MAI FLOOR 3.74 3.01 21.75 2 130 1.56 25.11 COMMETS: 3,020 sf Tall floor to ceiling windows 5.20 3.03 5.16 3.74 Condo Fees: $681.19 /month Property Taxes: $9,513.29 /year Total is $5.86 psf/year Arc=12.63 2.13 1.71 0.71 1.73 4.76 2.34 12.14 UIT 24 UIT 25 UIT 23 6.28 2.30 17.16 2.17 6.25 2.19 0.17 FOURTH FLOOR 2 UIT 26 1.61 6.90 5.18 170 14.13 26.93 2 0.45 4.95 140 150 160 4.94 28.52 14.12 3.64 19.25 Unit 160 COMMETS: 2,822 sf Parking lot frontage Condo Fees: $630.46 /month Property Taxes: $8,790.37 /year Total is $5.80 psf/year
5.10 10.08 40.56 24.23 UIT 10 3.0 2.07 4.46 2.35 2 6.31 1.70 UIT 14 0.56 UIT 11 UIT 14 1 UIT 12 UIT 13 4.56 0.57 0.04 5.89 0.76 2.43 Unit 210 Second Floor Plan 5.12 1.16 6.55 (Common Property) 5.22 3.49 EDGE OF UDERGROUD PARKADE DECK () 210 3.63 3.62 0.40 13.25 1.12 61.08 COMMETS: 9,465 sf Beautiful river views with frontage onto Gaetz Avenue Condo Fees: $2,103.35 /month Property Taxes: $29,039.04 /year Total is $5.73 psf/year COTIGUOUS OPTIOS: Unit 210 + Unit 230 = 12,292 sf Unit 210 + Unit 230 + Unit 240 = 15,330 sf 1.98 5.24 3.73 7.50 5.16 0.31 201 UIT 9 7.89 UIT 28 2.09 1.73 0.721.72 UIT 27 2.26 5.85 Arc=4.93 1.91 4.19 2.11 1 Arc=4.95 6.23 2.28 17.11 1.68 4.42 3.83 4.75 6.24 FIFTH FLOOR 2.21 Arc=12.60 UIT 29 24.73 UIT 30 1.79 1.60 3.73 3.73 6.92 SECOD FLOOR 3.43 4 17.66 28.44 27.34 12.14 15.22 4.60 7.32 270 4.99 230 240 250 260 1.23 0.90 5.00 0.62 24.72 27.32 15.52 Unit 230 Unit 240 COMMETS: 2,827 sf Frontage onto Gaetz Avenue & parking lot Condo Fees: $400.39 /month Property Taxes: $8,673.33 /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: $795.32 /month Property Taxes: $9,320.52 /year Total is $6.21 psf/year
2.26 6.23 6.55 5.10 10.08 40.56 24.23 UIT 10 3.0 2.07 4.46 2.35 2 6.31 1.70 UIT 14 0.56 UIT 11 UIT 14 1 UIT 12 UIT 13 4.56 0.57 0.04 5.89 0.76 2.43 Unit 260 Second Floor Plan EDGE OF UDERGROUD PARKADE DECK () 3.63 3.62 0.40 5.12 1.16 (Common Property) 5.22 3.49 210 13.25 1.12 61.08 7.50 0.31 201 UIT 9 7.89 5.85 Arc=4.93 1.91 4.19 2.11 Arc=4.95 2.28 1.68 3.83 4.75 Arc=12.60 UIT 29 24.73 3.73 3.73 SECOD FLOOR 27.34 12.14 4 230 240 27.32 15.52 2.09 17.11 6.24 UIT 30 1.79 1.60 6.92 UIT 28 2.21 4.42 1.98 5.24 3.73 5.16 1.73 0.721.72 UIT 27 1 28.44 250 24.72 FIFTH FLOOR 0.62 0.90 COMMETS: 1,857 sf Frontage onto Gaetz Avenue & parking lot Condo Fees: $483.72 /month Property Taxes: $5,697.30 /year Total is $6.19 psf/year 3.43 17.66 15.22 4.60 7.32 270 4.99 260 1.23 5.00
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: www.reddeer.ca 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.