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Vegreville, AB, 5.5-acre retail centre sells for $6.46 million

The 55,944-square-foot centre was built in 2010 and has a solid national tenant base anchored by Dollarama.
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Avison Young, Edmonton, for Western Investor

Property: Retail

Location: 5341, 50 Avenue, Vegreville, Alberta

Property size: 55,944 square feet

Land size: 239,580 square feet

Land size in acres: 5.5 acres

Zoning: C3- Highway Commercial

List price: $6.6 million

Sale price: $6.46 million

Date of sale: August 18, 2021

Brokerage: Avison Young,  Edmonton

Brokers:  Reed Newnham and James Robertson.