Bower Plaza is located at #2325-50th Avenue in Red Deer, Alberta.

Information

Size: 49,910 Sq ft
Year bought: 2004
Purchase Price: CAD7.15m, approximately USD 6.6m
Current status: SOLD for a substantial profit to all co owners

Due to the current volatility of the USD & the increasing strength of the CAD, exchange rates may vary significantly. Please check with us for the latest rate.

Notes

• Well-maintained, attractive strip plaza
• 49,910 sq ft
• Excellent exposure with high vehicular traffic counts on Gaetz Avenue
• Fully leased with strong tenants including TD Canada Trust, Humpty’s Family Restaurants & Bank of Montreal
• Good potential to increase rents
• Excellent location in strong retail area
• Very low vacancy rates
• Record breaking industrial & residential land sales locally

About Red Deer

• Service hub of central Alberta with 200,000+ customer base
• Located in the middle of the strategic Calgary-Edmonton corridor, the region that is leading the continent economically
• Record-breaking industrial and residential land sales, resulting in above average building permits
• Values are evidence of a growing economy
• Major expansions, new industrial companies, a host of new services and retail businesses signal a bright future for Red Deer and Central Alberta

Street Map

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