267 Walden Gate Southeast, De Winton, AB

Freestanding retail bank with coveted drive-thru comprised of 6,139 SF. Secured by a single tenant (CIBC) on a carefree, triple net lease with term remaining until March 31, 2028, with additional income from pylon signage. The lease permits the Landlord to recover an administration fee. Constructed in 2012 and subsequently renovated in 2015. Well-positioned to capitalize on the growing and affluent Walden community, with an average household income of $177,714 and projected population growth of 12.3% within a 1 km radius. Strong local population growth is driven by significant residential and mixed-use development in the surrounding area. Adjacent to the Gates of Walden Shopping Centre, including Save-On Foods, Shoppers Drug Mart, RBC, Scotiabank, Liquor Dept, McDonald’s and Pet Planet. The Subject Property benefits from a central location surrounded by affluent residential neighbourhoods, providing an excellent local market catchment. Frontage along Walden Gate and Walden Drive includes two separate access/egress points.