48 avenue camrose, alberta

DUGGAN MALL:
OVERVIEW:
Duggan Mall is the primary feature of a high profi le retail block that contains a Canadian Tire store, Smith Clinic, McDonald’s
and the Norseman Inn. It is the only enclosed shopping environment in the region and as such caters to the medical, fashion and
specialty retail tenants that require this type of environment. Canadian Tire has recently purchased the Zeller’s Building and will be
renovating the space for its newer concept marketing programs.
LOCATION:
Camrose, Alberta is located approximately 80 kilometers southeast of the City of Edmonton on Highway 13. Population of
Camrose is approximate 17,236 and is considered “ The Regional Centre” for east central Alberta. Camrose is a member of the
Battle River Alliance for Economic Development. Duggan Mall is located at the west end of the City of Camrose in the prime retail
district. This retail node serves a trade area of approximately 140,000.
DESCRIPTION:
An opportunity to purchase a ±129,745 square foot (±97,692 square foot net leasable area) single-level enclosed regional shopping
centre anchored by Canadian Tire, The Smith Clinic (Canadian Tire and The Smith Clinic are separately titled from remainder of
development), Sports Mart and a very strong independent theatre - the Magic Lantern.
INCOME:
Redevelopment opportunity with many tenants on fl exible leases. Existing income of ±$440,138 after deduction of costs on
vacancy. Detailed information available to qualifi ed applicants upon request.
FLOOR PLAN:
Canadian Tire
(Separate (Separate
Ownership) Ownership)
Smith Smith Clinic Clinic
(Separate (Separate
Ownership) Ownership)
Subject Property
Sports Sports
Mart Mart
Magic Magic
Lantern Lantern