4901 48 St
Red Deer, AB T4N 6M4
Office Property For Sale

Parkland Square is a well-located Class B office building in the heart of Downtown Red Deer at the prominent intersection of Gaetz Avenue and 48 Street. The six-storey property offers approximately ±71,053 SF of gross area with ±66,912 SF of rentable space and a typical floor plate of ±10,000 SF, providing flexibility for a range of tenants. Multiple suites are currently available, ranging from ±6,695 SF to ±10,562 SF across several floors.
Built in 1980 and situated on ±1.13 acres, the building features upgraded elevators, renovated common areas and washrooms, and a comprehensive security system with tenant fob access, controlled floors, and on-site security. Tenants benefit from fibre optic connectivity, extensive exterior site upgrades, and ±160 surface parking stalls, offering an attractive parking ratio of approximately ±2.4 stalls per 1,000 SF. Zoned C1 – Commercial (Downtown / Central Business), Parkland Square represents an excellent opportunity for office users seeking a central, amenity-rich downtown location.