7896 49 Avenue, Red Deer, AB

Colliers & Century 21 collectively (the “Advisors”), are pleased to introduce the sale of Sumano Centre, a strategically located 7-unit multi-tenant industrial property on 3.46 acres in Northlands Industrial Park, Red Deer. Recently updated with exterior renovations, the property boasts a prime location and offers excellent visibility and accessibility near Gaetz Avenue, Highway 11A, and the QEII Highway. With flexible industrial spaces and ample rear yard area for tenant storage and loading, this property is a great investment opportunity for generating rental income and supporting long-term growth. With an asking price of only $101.53 PSF, the property is well below replacement cost providing investor upside with upcoming net rental increases, new leasing, and renewals.