An outstanding main floor office space for lease in the Red Deer downtown core within minutes walking distance to banks, courthouse, public transportation, restaurants, law firms, accounting firms, city hall and many other key businesses. This office space incorporates three offices, boardroom/office, reception area, work room, staff area and storage area There is one-bathroom, double loading doors, single access back door, the building is air conditioned and has two parking stalls included. There is more parking across the street and across the back alley. The building has had recent renovations including storefront and windows.
The main floor was leased out previously to the government and a real estate company. The upper floor has long term tenants.
The building is steps away from the downtown summer farmers market, many restaurants and espresso shops. There is client parking on the street and many lots within a block.
The zoning is C1 Commercial and the triple net costs are $4.00 per square foot. The operating costs include proportionate share of the property tax, insurance, heating costs, water/sewer. The electrical cost are billed direct.
Rent costs are $7.00 x 2300 sq. ft. = $16,100.00 per year or $1342.00 a month
Triple net costs are $4.00 x 2300 = $9200.00 per year or $767.00 per month
As the owner I would look at a step up rent starting at a lower rate and escalating over the term of the lease or I would look at a short term office solution. Possession could be immediate.
T4N 1S8 Canada