4711 - 51 Avenue, Red Deer, AB

Investment Highlights

• Lease-Up Opportunity: Currently 40% vacant, the Property presents a meaningful value-add opportunity to increase cash flow through future lease-up at market rental rates
• Stable In-Place Income :Approximately 30% of the Property is leased to a single tenant with contractual rent escalation scheduled for 2029, supporting stable income and future revenue growth
• Flexible Configuration: The Property’s existing layout supports a diverse mix of retail, educational, medical, and service-commercial tenancy, enhancing long-term leasing flexibility and broadening the prospective tenant pool
• Broad Commercial Utility: The Property’s flexible layout and City Centre zoning support a wide range of commercial uses, positioning the asset to accommodate evolving tenant demand over time