Parks West Mall is Hinton’s dominant, national and grocery-anchored retail complex that is further enhanced by the adjacent shadow anchor of Canadian Tire and RBC Bank. The Property benefits from the dual anchors of Walmart and Safeway which both draw tremendous traffic to the site.
Parks West Mall benefits from its close proximity to the Jasper National Park gates being the last retail stopping point prior to entry for some of its 2.5 million annual visitors.
Intensification opportunity through development of additional pad sites.
The existing assumable mortgage on the Property provides a coupon rate well below today’s interest rates.
Address: 900 Carmichael Lane, Hinton, Alberta
Intersection: Carmichael Lane and Woodley Drive
GLA: 144,580 SF
Site Area: 18.51 acres
Key Tenants: Walmart, Safeway, Dollarama, Mark’s Work Wearhouse