11000 114 Av SE - Industrial LAND FOR SALE


Calgary, AB T3S 0A5- Suburban South1,099,890 SF
$7,800,000 CAD
403-261-1121
11000 114 Av SE, Calgary, AB for Sale
$7,800,000 CAD
Industrial LAND - FOR SALE
1/3
1,099,890 SF

11000 114 Av SE
Calgary, AB T3S 0A5
Suburban South


OVERVIEW

Cushman & Wakefield ULC is pleased to offer for sale/lease, interest in 11000 - 114th Avenue SE, Calgary, Alberta (the “Property”). This Property contains 25.25 acres of I-G zoned land, not including the 3.08 acre pond. The south section totals 11.0 acres and is fully tenanted. The north section totals 10.03 acres and is fully tenanted with an additional 4.22 acres that is also zoned I-G and ready for completion (some stripping and grading has taken place). Both sections have separate access points and are also connected internally for north/south traffic flow. The Property currently generates approximately $50,000 per month in rent. The tenancies are a mix of 1 year terms and longer terms. The property has a long track record of tenants and has proven to be a stable source of cash flow. This property is a great holding property as the PrairieEconomic Gateway project moves towards completion in the next 5-10 years. The 25.25 acres of I-G zoned land is part of a larger title that has 71.28 acres of S-UN (Special Purpose - Urban Nature) and S-FUD (Future Urban Development) lands that have almost no bearing on the property taxes or ownership expenses. The title reflects 96.53 acres

FOR SALE DETAILS

PRICE

$7,800,000 CAD

PRICE/ACRE

$308,911/AC

PRICE/SF

$7 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

-

LAND ACRES

25.25 AC

LAND SF

1,099,890 SF

OFFSITE IMPROVEMENTS

-

ZONING

I-G, S-UN, S-FUD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brad PillingCushman & WakefieldMore Info
403-261-1121

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Brad PillingCushman & WakefieldMore Info
403-261-1121

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