Closing Date: September 2020
Address: 5115 17th Avenue SE, Calgary, Alberta
Net Rentable Area: 146,951 SF
Year Built/Renovated: 1999/2007 and 1968/2012
Highlights:
- Rare opportunity to acquire a grocery anchored retail centre with redevelopment upside
- The property is comprised of 4 buildings totaling 146,951 SF on 10.25 acres of land
- 100% leased to Sobeys, PartSource, Domo Gas and Stiches
- Weighted average lease term is 7.5 years for Sobeys PartSource and Domo Gas
- Flexible lease terms with Stitches provides immediate redevelopment opportunity
- The property is accessible from a number of Calgary’s major thoroughfares, including 17th Avenue SE and 52nd Street SE
Gallery
Contact for more info
Duncan MacLean
Duncan co-leads the CBRE National Investment Team in Calgary alongside his partner, Richie Bhamra.
Duncan MacLean
Executive Vice President
Richie Bhamra
Richie co-leads the CBRE National Investment Team in Calgary alongside his partner, Duncan MacLean.
Richie Bhamra
Executive Vice President
Geoff Mar
Geoff started his commercial real estate career in 1993. He’s a Senior Vice President with the CBRE National Investment Team in Calgary and has been a vital member since the Team’s inception.
Geoff Mar
Senior Vice President
Tyler Allen
Tyler is a Vice President with the CBRE National Investment Team in Calgary with over 13 years of commercial real estate experience.
Tyler Allen
Vice President