A 144,516 sq ft standalone industrial facility on 6.99 acres, strategically positioned adjacent to Costco in Central Alberta’s most active commercial corridor — now available for lease.
Located adjacent to Costco in one of Central Alberta’s most active commercial corridors, This 144,516 square foot standalone industrial facility spanning 6.99 acres is currently offered exclusively for lease in the thriving Gasoline Alley West area. Situated on a highly visible, fully paved corner site, it provides superior connectivity to major routes including the QEII Highway, Leva Avenue, Highway 2A, and McKenzie Road making it perfectly suited for warehousing, distribution, logistics, or other industrial applications.
The facility features dock-high loading bays, a shared common yard area, and generous on-site parking. With C2 General Commercial District zoning, it accommodates a broad range of commercial and industrial Tenants.
The currently available portion consists of flexible open warehouse space, easily adaptable and prepared for subdivision into smaller tenancies per the included conceptual floor plan. Past subdivisions of leased areas highlight the property’s proven versatility for multi-tenant configurations.
Key features that make this facility stand out in the Central Alberta market.
Positioned in the heart of Gasoline Alley West — one of Central Alberta’s most active and high-traffic commercial corridors — this property benefits from exceptional visibility and access to regional transportation networks.
The site’s corner location provides direct access to multiple major arterials, ensuring seamless logistics for tenants serving both local and provincial markets.
Direct connectivity to Alberta’s primary north-south transportation corridor
High-traffic retail anchor drives consistent commercial activity and visibility
Leva Avenue, Highway 2A, and McKenzie Road all within immediate proximity
Neighbouring tenants include Toyota, Staples, Cineplex, UFA, Shell, and McDonald’s
Flexible demising available for multi-tenant use. Units range from 4,199 SF to 62,025 SF across the main and second floor.
Conceptual floor plan — flexible demising available for multi-tenant configurations
The Liberty Avenue facility represents a compelling value creation opportunity for InvestPlus REIT investors.
Adjacent to Costco and surrounded by national retailers in Gasoline Alley West, one of Alberta’s highest-traffic commercial zones. The corner site with full paving commands premium lease rates and attracts quality tenants.
The flexible open warehouse layout is prepared for subdivision into smaller tenancies. Past successful subdivisions demonstrate the property’s proven versatility, enabling optimized income through multiple lease agreements.
Red Deer serves as the hub of Central Alberta, with strong and growing demand for industrial space driven by agriculture, energy, and distribution sectors. The region’s strategic position between Edmonton and Calgary amplifies tenant demand.
C2 General Commercial District zoning accommodates warehousing, distribution, logistics, light manufacturing, and a wide range of commercial uses — maximizing the tenant pool and reducing vacancy risk across economic cycles.
The C2 General Commercial District designation provides exceptional flexibility for a wide range of industrial and commercial applications, making this property suitable for diverse tenant profiles and reducing long-term vacancy risk.
The Liberty Avenue facility represents the kind of strategic, income-generating industrial asset that InvestPlus REIT acquires to deliver consistent returns for investors. Whether you’re a financial advisor or direct investor, this property exemplifies our value creation approach.
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Disclaimer: Targeted returns are not guaranteed, and all investments carry risk. Past performance is not indicative of future results. Please review the offering memorandum for complete details. This marketing material relates to the distribution of units of the InvestPlus Real Estate Trust under the offering memorandum dated May 30, 2024 and is incorporated into and forms part of the offering memorandum. This communication is for information purposes only and is not, and under no circumstances is to be construed as, an invitation to make an investment in InvestPlus REIT. Investing in InvestPlus REIT Units involves risks. There is currently no secondary market through which the InvestPlus REIT Units may be sold and there can be no assurance that any such market will develop. Please refer to the InvestPlus REIT Offering Memorandum for a further discussion. Speak with our Investor Relations team for offering documentation. Full investment terms available upon request.