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Centre 58 104 58th Ave SE 54,902 SF 100% Leased Retail Building Calgary, AB T2H 0N7 For Sale

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Investment Highlights

100% Occupied with a Complementary Tenant Roster
Durable, Long-Term Income Profile
Extensive Renovation & Capital Investment

Prominent Location with Strong Daily Traffic
Abundant Surface Parking with Superior Ratio

Executive Summary

CBRE’s National Investment Team – Calgary (“CBRE”) is pleased to present the opportunity to acquire a 100% freehold interest in Centre 58 (the “Property”), a Value Village–anchored retail centre located at 104 58th Avenue SE in Calgary, AB. Centre 58 comprises 54,902 SF of well-configured retail space and is positioned within the highly active Manchester Industrial node. The Property features a strong mix of necessity-based and service-oriented tenants that benefit from excellent visibility, convenient access, and proximity to surrounding light industrial, office, and multi-residential uses. The Property is fully leased and offers a compelling income profile, supported by a weighted average lease term of 8.6 years and contractual rental increases across the majority of leases. With stable occupancy, strong exposure, and a proven retail anchor, Centre 58 presents an attractive opportunity to acquire a high-quality, income-producing retail asset in a well-established location.

Centre 58 MB - Final (email)