Closing Date: June 2024
Address: 427 10th Street NW, Calgary, AB
Total NRA: 8,759 SF
Occupancy: 100%
Highlights:
- Exceptional opportunity to acquire a newly constructed, fully leased retail asset in the highly desired retail node of Kensington
- Direct exposure to 10th Street NW, one of two major retail strips in Kensington
- 100% leased with the anchor tenant, a Schedule I Bank, occupying 49% of the total NRA
- The Property has an average in-place net rent of $44.64 PSF and a WALT of 10.0 Years
- Nearly 700 purpose-built rental and condo units have been added to the Kensington market since 2014, with another 600 under construction or proposed
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
Drew Redekopp
Drew is a Sales Associate with the CBRE National Investment Team-Calgary and joined the Team in 2016. He has over 10 years of commercial real estate experience.
Drew Redekopp
Sales Associate
Eighth Avenue Place, East Tower
525 8 Avenue SW, Suite 3200
Calgary, AB, Canada
T2P 1G1
525 8 Avenue SW, Suite 3200
Calgary, AB, Canada
T2P 1G1