for sale: novatel building...calgary, alberta building area 90,133 sf site size 5.76 acres year of...
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FOR SALE: NOVATEL BUILDING1120 - 68 AVENUE NE, CALGARY, ALBERTA
90,133 sf suburban office building with easy access from Deerfoot Trail and in close proximity to the Calgary International Airport
© 2018 Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
Ryan Swelin, Principal587.293.3368 [email protected]
Walsh Mannas, Principal 403.232.4381 [email protected]
Kevin Morgans, CCIM, Principal403.232.4318 [email protected]
Allan Zivot, Principal403.232.4307 [email protected]
11 Street NE
68 Avenue NE10 Street NE
SUBJECT PROPERTYMunicipal Address 1120 - 68 Avenue NE
Calgary, Alberta
Building Area 90,133 sf
Site Size 5.76 acres
Year of Construction 1997 (renovated in 2004 & 2009)
Parking Stalls 342 surface stalls (1 stall per 264 sf )
Land Use I-B (Industrial - Business District)
2018 Assessment $19,160,000
ASSET HIGHLIGHTS
• Two storey suburban office building with over 90,000 square feet of rentable area
• The property is currently 100% leased to NovAtel Inc. with the lease term expiring on January 31, 2019, at which time the tenant plans to vacate the subject property
• Exceptional parking ratio with 342 surface stalls equating to a ratio of 1 stall per 264 rentable square feet
• Uniquely designed office building with the ability to be occupied by a single tenant or be demised to accommodate multiple tenants and a wide variety of uses
• 2 insulated dock doors with levelers, building wide sprinkler system, 600 volt/2000 amp electrical service and software laboratory with individual air conditioned units
• Accessible by two bus transit routes (32 and 69), with stops adjacent to the property
32 69
32
69
Bus Transit Stop
BusTransit
Stop
N
PROPERTY INFORMATION
LOCATION HIGHLIGHTS
• Located in the Deerfoot Business Park with quick and easy vehicle access from Deerfoot Trail by way of the 64 Avenue NE exit
• Close proximity to the Calgary International Airport (7 minute drive) and the Calgary Downtown Core (10 minute drive)
• Situated just north of Deerfoot City, a 1.1 million square foot, newly redeveloped retail centre that includes shopping, dining and entertainment amenities serving northeast Calgary
Looking South
SUBJECT PROPERTY
Deerfoot Trail
Deerfoot Trail
McKnight Blvd NE
SUBJECT PROPERTY
GREENVIEW INDUSTRIAL
32 Avenue NE
McCall Lake Golf Course
Nose Hill ParkwayBeddington Trail
Airport Trail NE
SKYLINE EAST
11 Street NE
64 Avenue NE2
HW
Y
N
LOCATION OVERVIEW
Avison Young has been retained by 1070483 Alberta Ltd. on an exclusive basis to arrange for the offering and sale of a 100% freehold interest in the subject property. The subject property is being offered for sale on an unpriced basis. Please contact the listing agents below for information on pricing guidance and the offering process.
DATA ROOM
Detailed information has been assembled by Avison Young and is available to prospective purchasers. Access to additional information will be available in a secure online data room upon receipt of an executed Confidentiality Agreement, and is provided to prospective entities/interested parties to assist in evaluating the offering.
Municipal Addresses 1120 - 68 Avenue NECalgary, Alberta
Legal Descriptions Plan 9912651Block 6Lot 11Excepting Thereout All Mines and Minerals
2018 Assessment $19,160,000
Click to downloadConfidentiality Agreement
OFFERING INTEREST
© 2018 Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
Ryan Swelin, Principal587.293.3368 [email protected]
Walsh Mannas, Principal 403.232.4381 [email protected]
Kevin Morgans, CCIM, Principal403.232.4318 [email protected]
Allan Zivot, Principal403.232.4307 [email protected]