409 10th Ave - Office FOR SALE


Calgary, AB T2G 0Y7- North Hill/Downtown/Beltline
$11,300,000 CAD
403-298-0411
409 10th Ave, Calgary, AB for Sale
$11,300,000 CAD
Office - FOR SALE
1/7
null | Request Cap Rate


HIGHLIGHTS

  • The building is located in close proximityto the BMO Centre, downtown +15 network, LRT stations.
  • Hghprofile Beltline location, in a strengthening Calgary rental market.
  • Two-storey office building.

OVERVIEW

409 10th Ave is a 68,910 square foot, two storey office building located on a 0.90 acre site in the east side of Calgary’s trendy Beltline District. The building is located in close proximity to the BMO Centre, downtown +15 network, LRT stations, and proposed River District revitalization which includes Scotia Place arena.• 409 10th Ave features an impressive atrium style lobby, high exposed ceilings, a main floor loading dock, rooftop and second floor outdoor patio, as well as 77 heated underground parking stalls. Furthermore, 409 10th Ave has been designed to be able to add up to two additional floors to the East Wing, providing the opportunity for future expansion.• 409 10th Ave is currently 42% leased to a strong covenant tenant and is a fantastic opportunity for an owner occupier looking to acquire a well performing, character office property in a high profile Beltline location, in a strengthening Calgary rental market. This is a unique opportunity to participate in the future River District revitalization and Scotia Place arena opening which will bring additional vibrancy to the area.

FOR SALE DETAILS

PRICE

$11,300,000 CAD

PRICE/SF

$164 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

East Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

CC-X

APN/PARCEL ID

068117605

ASK ABOUT THIS PROPERTY

Warren HedgesColliersMore Info
403-298-0411

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Warren HedgesColliersMore Info
403-298-0411

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