825-305-2836
104 58th Ave SE, Calgary, AB for Sale
Freestanding - FOR SALE
1/4
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104 58th Ave SE
Calgary, AB T2H 0N7
Chinook


HIGHLIGHTS

  • 100% Occupied with a Complementary Tenant Roster
  • Prominent Location with Strong Daily Traffic
  • Durable, Long-Term Income Profile
  • Abundant Surface Parking with Superior Ratio
  • Extensive Renovation & Capital Investment

OVERVIEW

CBRE’s National Investment Team – Calgary (“CBRE”) is pleased to present the opportunity to acquire a 100% freehold interest in Centre 58 (the “Property”), a Value Village–anchored retail centre located at 104 58th Avenue SE in Calgary, AB. Centre 58 comprises 54,902 SF of well-configured retail space and is positioned within the highly active Manchester Industrial node. The Property features a strong mix of necessity-based and service-oriented tenants that benefit from excellent visibility, convenient access, and proximity to surrounding light industrial, office, and multi-residential uses. The Property is fully leased and offers a compelling income profile, supported by a weighted average lease term of 8.6 years and contractual rental increases across the majority of leases. With stable occupancy, strong exposure, and a proven retail anchor, Centre 58 presents an attractive opportunity to acquire a high-quality, income-producing retail asset in a well-established location.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Centre 58

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

245

LAND DETAILS

LAND ACRES

4.65 AC

LAND SF

202,554 SF

ZONING

C-COR3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Thomas LeeCBREMore Info
825-305-2836

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Thomas LeeCBREMore Info
825-305-2836

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.