For Sale - JLL edmonton... · JLL Capital Markets, Calgary Senior Vice President, Land Services &...

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For Sa 1302 Edmonton Trail NE, Calgary, Alberta JLL CAPITAL MARKETS jll.ca I 403-456-2233 Suite 500 - 301 8th Ave SW Calgary, AB T2P 1C5 Ken Westhaver JLL Capital Markets, Calgary Senior Vice President, Land Services & Development (403) 456-2209 [email protected] Ryan Murphy JLL Capital Markets, Calgary Senior Sales Associate (403) 456-5582 [email protected] STREETFRONT OPPORTUNITY EDMONTON TRAIL The Property represents an excellent opportunity to acquire a property strategically located at the corner of Edmonton Trail NE and 12 Avenue NE, in the heart of the inner-city community of Renfrew/Cresent Heights. The Property provides the opportunity to acquire a fully leased property, currently configured to accommodate a medical tenancy. The Property consists on one retail/medical building at grade, with three (3) parking stalls in the rear. 12 AVE NE

Transcript of For Sale - JLL edmonton... · JLL Capital Markets, Calgary Senior Vice President, Land Services &...

Page 1: For Sale - JLL edmonton... · JLL Capital Markets, Calgary Senior Vice President, Land Services & Development (403) 456-2209 Ken.Westhaver@am.jll.com Ryan Murphy ... 1302 Edmonton

For Sale1302 Edmonton Trail NE, Calgary, Alberta

JLL CAPITAL MARKETSjll.ca I 403-456-2233Suite 500 - 301 8th Ave SW Calgary, AB T2P 1C5

Ken WesthaverJLL Capital Markets, CalgarySenior Vice President,Land Services & Development(403) [email protected]

Ryan MurphyJLL Capital Markets, CalgarySenior Sales Associate(403) [email protected]

STREETFRONT OPPORTUNITY

EDMONTON TRAIL

The Property represents an excellent opportunity to acquire a property strategically located at the corner of Edmonton Trail NE and 12 Avenue NE, in the heart of the inner-city community of Renfrew/Cresent Heights. The Property provides the opportunity to acquire a fully leased property, currently configured to accommodate a medical tenancy. The Property consists on one retail/medical building at grade, with three (3) parking stalls in the rear.

12 AVE NE

Page 2: For Sale - JLL edmonton... · JLL Capital Markets, Calgary Senior Vice President, Land Services & Development (403) 456-2209 Ken.Westhaver@am.jll.com Ryan Murphy ... 1302 Edmonton

1302 Edmonton Trail NE is a single-storey plus basement commercial building with a total rentable area of approxi-mately 3,313 sf. The Property is currently leased to Optimum Wellness Centre, with a near-term expiry in July 2020. There is a clause in the lease that allows for the lease to be termi-nated with 6-months’ notice, in the event of a sale. Addition-al income is generated from a Pattison Sign lease.

1302 EDMONTON TRAIL NE, CALGARY, ALBERTA

EASY ACCESS TO PUBLIC TRANSIT

SITUATED 850 METRES FROM RENFREW RECREATION CENTRE

WIDE VARIETY OF RETAIL IN CLOSE PROXIMATELY

EASY ACCESS TO DOWNTOWN CALGARY

Property Details Building Area 3,313 sf + 269 sf (garage)

Year Built 1918

Lot Area 6,100 sf

Frontage 55’

Depth 117’

Parking 3

Zoning C-COR2 f1.0h10 Commercial - Corridor 2

Official Plan Crescent Heights Area Redevelopment Plan

Traffic Count 22,000 VPD

Walk Score 88 - Very Walkable

Asking Price $900,000

EDMONTON TRAIL

12 AVE NE

Page 3: For Sale - JLL edmonton... · JLL Capital Markets, Calgary Senior Vice President, Land Services & Development (403) 456-2209 Ken.Westhaver@am.jll.com Ryan Murphy ... 1302 Edmonton

SUBJECT PROPERTYTrans-Canada Highway

Ston

ey T

rail

Chro

wch

ild T

rail

SW

Deerfoot Trail

CALGARY INTERNATIONAL

AIRPORT

CALGARY CORE DOWNTOWN

Location OverviewLOCATION OVERVIEW

Located in the gentrifying community of Renfrew/Crescent Heights, this inner-city area has experienced notable rede-velopment due it is proximity to the downtown core, easy access to parks and schools and other nearby amenities.

7 MIN DRIVE TIME TO DOWNTOWN CALGARY

13 MIN DRIVE TIME TO CALGARY AIRPORT

Bow River

16 Avenue NW 16 Avenue NE

Edm

onto

n Tr

ail N

E

Centre Street N

Memorial Drive NW

6 St

reet

NE

12 Avenue NE12 Avenue NW

8 Avenue NE

4 St

reet

NW

17 Avenue NE

SUBJECT PROPERTY

Page 4: For Sale - JLL edmonton... · JLL Capital Markets, Calgary Senior Vice President, Land Services & Development (403) 456-2209 Ken.Westhaver@am.jll.com Ryan Murphy ... 1302 Edmonton

JLL CAPITAL MARKETSjll.ca I 403-456-2233Suite 500 - 301 8th Ave SW Calgary, AB T2P 1C5

Ken WesthaverJLL Capital Markets, CalgarySenior Vice President,Land Services & Development(403) [email protected]

Ryan MurphyJLL Capital Markets, CalgarySenior Sales Associate(403) [email protected]

OFFERING PROCESS

The property is being offered for sale by way of a conventional marketing process with a list price of $900,000 and without a fixed date for the submission of expression of interest to purchase. The Vendor is currently prepared to respond to expressions as they are received.

Prospective purchasers should also be aware that we have set up a virtual data room (Box account) to facilitate access to key property-related documents and planning information. Please contact the listing agents to obtain access to this website.