GREEN TREE MALL, DRUMHELLER RETAIL SPACE FOR LEASE

FOR LEASE – RETAIL SPACE
MULTIPLE LOCATIONS
GREEN TREE MALL
555 SOUTH RAILWAY AVE., DRUMHELLER, AB
Green Tree Mall is a multi-building / multi-tenant primarily enclosed shopping centre anchored by a Coop Food Store, Home / Building and Agricultural Centre, and Gas Bar / Convenience Store. The Mall has
full movement access to/from South Railway Avenue / Alberta Highways #10 and #56. It is located
approximately 250m southeast of the major intersection of 5th Street East / Alberta Highway #9 and
South Railway Avenue / Alberta Highways #10 and #56 in Drumheller’s primary arterial commercial area.
Drumheller Co-op, a member of the Co-op Retailing System, owns and operates Green Tree Mall. At
84,444-s.f., it is the largest mall in Drumheller including tenants such as a Co-op Food Store, Co-op Home
Centre, Co-op Gas Bar / C-store, Mark’s Work Wearhouse, Berkes Jewellers, Green Tree Liquor, Green
Tree Dental, etc.
The 2011 Census by Statistics Canada shows the Town of Drumheller grew by 1.2% from 2006 to 8,029
persons in 2011. You can also learn more about Drumheller from the Town of Drumheller.
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GREEN TREE MALL, DRUMHELLER RETAIL SPACE FOR LEASE
Trade Area Estimates:
 33,946 persons (2011 estimate)
 11,871 households (2012 estimate)
 $683.8M market potential for all retail categories
(2011).
Sources: Canada Post, & Statistics Canada
Disclaimer: Best efforts used, but no representation as to accuracy.
No opinions rendered, and the reader accepts responsibility for
using and interpreting the information.
CRU
#
4
6
10
11
RENTABLE
AREA (s.f.)
21,985
(Divisible)
2,923
1,700
2,420
Traffic:
7,360 AADT (2012) on Hwy. #10 E of #9.
Zoning:
Highway Commercial District (HWY-C) in
Consolidated Land Use Bylaw 10-08 and on
Map.
ADDITIONAL RENT (2013
ABSOLUTE NET BASIC RENT
Estimate)
(p.s.f.
(p.s.f.
p.a.)
(p.a.)
(Per Month) (Per Month)
p.a.)
$2.69
$59,082.48
$4,923.54
$10,076.46
$5.50
($6.40)
$0.66
$1,923.48
$160.29
$1,339.71
$5.50
$6.15
$10,449.96
$870.83
$779.17
$5.50
$6.40
$15,489.96
$1,290.83
$1,109.17
$5.50
GROSS
RENT (Per
Month)
$15,000.00
$1,500.00
$1,650.00
$2,400.00
Note: Asking prices assume space taken “as is”. All space immediately available, except CRU #11 is not available
until the 16-Jan-2014. Add GST to Basic + Additional or Gross Rent.
CO-OP CONTACTS:
Gord Van Kannel
General Manager
Drumheller Co-op
(403) 823-5555 Ext. 220
[email protected]
Jeff Kratky
Real Estate Manager
Federated Co-operatives Limited
(306) 244-3448
[email protected]
Open Listing / Brokers Protected
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