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2605 17th Ave SW 19,626 SF Industrial Building Calgary, AB T3E 0A4 $4,799,000 CAD ($244.52 CAD/SF) 5.20% Cap Rate
Investment Highlights
- This property is currently 100% leased
- Located in a high population density location
- Roof replaced in 2020
- Located directly adjacent to Walmart Supercenter & Westbrook Shopping Mall
- Very close proximity to a variety of retail & dining amenities
Executive Summary
100% Leased Richmond/Killarney Commercial Property for Sale!! This Location is a 10 out of 10”. Key Features: Excellent location directly adjacent to Walmart Supercenter, Westbrook Shopping Mall and multitude of other brand retailers. Anchored by OK Tire and lease still in place for another 3 three years and 7 years option to renew. High Population Density and Walking distance to shopping and restaurant. Amazing Foot Traffic. Latest major upgrade had been done to the property including roof replacement in 2020. Total 19,626 sqft with 26 parking stalls. Main floor of 8,258 sqft. Second floor office 490 sqft and 6,871sf basement. Commercial Zoning (CM) – allows for Retail, Medical/Professional or Mixed-Use.
Property Facts
| Price | $4,799,000 CAD | Lot Size | 0.45 AC |
| Price Per SF | $244.52 CAD | Rentable Building Area | 19,626 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 5.20% | Year Built | 1989 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Service | Parking Ratio | 1.32/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | CM - Commercial - allows for retail, medical/professional, or mixed-use | ||
| Price | $4,799,000 CAD |
| Price Per SF | $244.52 CAD |
| Sale Type | Investment |
| Cap Rate | 5.20% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.45 AC |
| Rentable Building Area | 19,626 SF |
| No. Stories | 2 |
| Year Built | 1989 |
| Tenancy | Single |
| Parking Ratio | 1.32/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | CM - Commercial - allows for retail, medical/professional, or mixed-use |
Amenities
- Bus Line
- Signage
Utilities
- Lighting
- Water
- Sewer
- Heating
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100
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2605 17th Ave SW
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