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552 Northmount Dr NW 8,234 SF 100% Leased Retail Building Calgary, AB T2K 3J2 For Sale
Investment Highlights
- Central Connectivity: The Cambrian Heights community is centrally located to provide convenient access to major transportation routes
Executive Summary
Prime Redevelopment Opportunity: The 0.67-acre site offers tremendous potential for mixed-use densification within a mature community and presents a blank slate with no current land use applications, allowing maximum redevelopment flexibility. Substantially Leased to Local Tenants: Average CRU bay size of 686 sf, conducive to local shops, eateries, take-out restaurants, specialty stores and other neighbourhood daily needs / services. Prime Signalized Corner: Unique location at a signalized intersection, with multiple points of site access, offering nearly 500 feet of high exposure frontage. Near-Term Redevelopment Flexibility: Short-term leases across the entire rent roll with a 1.39-year WALT provide near-term access to the site for redevelopment with nearby schools, parks, and amenities that drive consistent daily traffic
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,234 SF
Building Class
B
Year Built
1958
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.28
Lot Size
0.67 AC
Zoning
C-N2 - Commercial neighborhood shopping center
Parking
55 Spaces (6.68 Spaces per 1,000 SF Leased)
Frontage
328’ on Northmount Drive/ 40 Ave
Amenities
- Convenience Store
- Corner Lot
- Food Service
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Monument Signage
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (81)
Nearby Major Retailers
Contacts
-
Kevin Morgans -
Ryan Swelin -
Walsh Mannas -
Nathan Drury -
Mason Thompson -
Haig Basmadjian -
Avison Young
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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552 Northmount Dr NW
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