Closing Date: October 2023
Address: 500 4th Avenue SW
Total Site Size: 0.83 Acres (36,027 Acres)
Total NRA: 326,685 SF
Highlights:
- Excellent opportunity to acquire a downtown office building at a value that is significantly below replacement cost and historic value
- Altius Centre offers direct plus-15 access and has one of the best parking ratios in the downtown core, offering one stall per 1,100 SF
- Floor plates of 11,000 SF and regular configuration, providing ample demising options
- The Property is 69% leased at an average in-place net rent of $7.43 PSF and a WALT of 2.7 years
- Several tenant amenity upgrades have recently been completed, including tenant lounge, fitness facility, and conference centre
Confidentiality Agreement
This property has a confidentiality agreement. If you'd like to know more, please download it below, sign it, and return it to us at meagan.pitre@cbre.com
Gallery
Contact for more info
Duncan MacLean
Duncan co-leads the CBRE National Investment Team in Calgary alongside his partner, Richie Bhamra.
Duncan MacLean
Richie Bhamra
Richie co-leads the CBRE National Investment Team in Calgary alongside his partner, Duncan MacLean.
Richie Bhamra
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
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
525 8 Avenue SW, Suite 3200
Calgary, AB, Canada
T2P 1G1