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
Richie Bhamra
Richie leads the CBRE National Investment Team in Calgary.
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 Vice President 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
Vice President
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