400 4th Ave SW, Calgary, AB for Sale
Office - FOR SALE
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HIGHLIGHTS

  • Occupies an entire block between 3rd & 4th Avenue SW and 3rd & 4th Street SW in the city's busiest corridor.
  • Highly accessible via major roadways and future $6.2B Green Line LRT station.
  • 100% interest in a fully leased Class A office property in Downtown Calgary’s Financial Core.

OVERVIEW

400 4th Avenue SW presents an exclusive opportunity to acquire a premier, institutional-quality office asset in the heart of Calgary’s Financial Core. This 33-story Class A tower occupies a full city block with direct connections to four adjacent properties via the Plus-15 pedway network, ensuring comprehensive accessibility. Recently upgraded with over $90 million in enhancements, the property now features modern elevator lobbies, improved washrooms, a refreshed fitness center, and premium office interiors. The entire 683,667-square-foot building is leased to Canadian Natural Resources Limited under a brand-new 15-year lease rated “A (low)” by DBRS, providing highly secure, investment-grade income. With significant contractual escalations throughout the term, this asset offers predictable, long-term cash flow backed by one of Canada’s strongest corporations. Positioned along 4th Avenue SW, a major downtown arterial, and only one block from Calgary’s upcoming $6.2 billion Green Line LRT station, this property delivers exceptional connectivity and long-term positioning in a core market.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shell Centre

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

33

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

400

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

CR20-C20/R

APN/PARCEL ID

068031004

ASK ABOUT THIS PROPERTY

Jason CottleRBC Capital MarketsMore Info

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Jason CottleRBC Capital MarketsMore Info

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