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400 4th Ave SW
Calgary, AB T2P 0J4
Shell Centre · Office Property For Sale

Investment Highlights

  • Occupies an entire block between 3rd & 4th Avenue SW and 3rd & 4th Street SW in the city's busiest corridor.
  • 100% interest in a fully leased Class A office property in Downtown Calgary’s Financial Core.
  • Highly accessible via major roadways and future $6.2B Green Line LRT station.

Executive Summary

400 4th Avenue SW presents an exclusive opportunity to acquire a premier, institutional-quality office asset in the heart of Calgary’s Financial Core. This 33-story Class A tower occupies a full city block with direct connections to four adjacent properties via the Plus-15 pedway network, ensuring comprehensive accessibility. Recently upgraded with over $90 million in enhancements, the property now features modern elevator lobbies, improved washrooms, a refreshed fitness center, and premium office interiors.
The entire 683,667-square-foot building is leased to Canadian Natural Resources Limited under a brand-new 15-year lease rated “A (low)” by DBRS, providing highly secure, investment-grade income. With significant contractual escalations throughout the term, this asset offers predictable, long-term cash flow backed by one of Canada’s strongest corporations. Positioned along 4th Avenue SW, a major downtown arterial, and only one block from Calgary’s upcoming $6.2 billion Green Line LRT station, this property delivers exceptional connectivity and long-term positioning in a core market.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
697,222 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1976
Percent Leased
100%
Tenancy
Multiple
Building Height
33 Stories
Typical Floor Size
20,606 SF
Slab To Slab
12’
Building FAR
10.67
Lot Size
1.50 AC
Zoning
CR20-C20/R - Permits a wide range of high-intensity commercial uses consistent with office, retail, and mixed-use developments.
Parking
400 Spaces (0.59 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Banking
  • Bus Line
  • Controlled Access
  • Concierge
  • Conferencing Facility
  • Convenience Store
  • Dry Cleaner
  • Fitness Center
  • Food Service
  • Property Manager on Site
  • Restaurant
  • Security System
  • Signage
  • Skylights
  • Skyway
  • Reception
  • Plus 15
  • Bicycle Storage
  • Wi-Fi
  • Monument Signage
  • Outdoor Seating
  • Air Conditioning
  • Smoke Detector
  • On-Site Security Staff

Sustainability

LEED Certified
Gold
LEED certification is a globally recognized symbol of sustainability achievement.

Sustainability

LEED Certification Led by the Canada Green Building Council (CAGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)

  • Listing ID: 40158881

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 400 4th Ave SW, Calgary, AB T2P 0J4

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