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Executive Summary
Positioned just off Macleod Trail with immediate access to Glenmore and Deerfoot Trail, just minutes from the downtown core.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 14 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 14 |
Description
Units 138 & 140:
This is a prime owner-user or investment opportunity located within the established Summit Park Business Center. The property is configured with a main floor office and an adaptable warehouse component (capable of expansion),complemented by a fully built-out second-floor office. Both levels are currently leased to two separate tenants with terms running until October 31, 2027, offering immediate holding income.
Main Floor: Features a welcoming reception area, a large kitchen, and 7 private offices (including 3 with full-height windows). The office is 3206 sqft with the warehouse 1,638 sq. ft. of clear-span space, a 415 sq. ft. standalone mezzanine, and two 12' x 14' drive-in overhead doors. Ceiling height 24 ft.
Second Floor: A fully self-contained, separated office built out with a dedicated reception area, 7 private offices, a boardroom, a kitchen, two washrooms, and twostorage rooms. The sqft is 2989 sqft
Parking: Generous parking allocation including 13 designated surface stalls and 1 titled stall. The condo fees include: Management fee, Property Taxes for common areas, reserve fund, common area insurance.
Location and Connectivity Situated at 140, 5700 1st Street SW second floor unit has it’s address #138, this location offers significant logistical and operational advantages.
This is a prime owner-user or investment opportunity located within the established Summit Park Business Center. The property is configured with a main floor office and an adaptable warehouse component (capable of expansion),complemented by a fully built-out second-floor office. Both levels are currently leased to two separate tenants with terms running until October 31, 2027, offering immediate holding income.
Main Floor: Features a welcoming reception area, a large kitchen, and 7 private offices (including 3 with full-height windows). The office is 3206 sqft with the warehouse 1,638 sq. ft. of clear-span space, a 415 sq. ft. standalone mezzanine, and two 12' x 14' drive-in overhead doors. Ceiling height 24 ft.
Second Floor: A fully self-contained, separated office built out with a dedicated reception area, 7 private offices, a boardroom, a kitchen, two washrooms, and twostorage rooms. The sqft is 2989 sqft
Parking: Generous parking allocation including 13 designated surface stalls and 1 titled stall. The condo fees include: Management fee, Property Taxes for common areas, reserve fund, common area insurance.
Location and Connectivity Situated at 140, 5700 1st Street SW second floor unit has it’s address #138, this location offers significant logistical and operational advantages.
Sale Notes
Both levels are currently leased to two separate tenants with terms running until October 31, 2027, offering immediate holding income. Positioned just off Macleod Trail with immediate access to Glenmore and Deerfoot Trail, just minutes from the downtown core.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 138 & 140 | 8,248 SF | Office | Upon Request | - |
Unit 138 & 140
| Unit Size |
| 8,248 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
1 of 10
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Unit 138 & 140
| Unit Size | 8,248 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 14 |
| Description | |
| Units 138 & 140:<br> This is a prime owner-user or investment opportunity located within the established Summit Park Business Center. The property is configured with a main floor office and an adaptable warehouse component (capable of expansion),complemented by a fully built-out second-floor office. Both levels are currently leased to two separate tenants with terms running until October 31, 2027, offering immediate holding income. <br> <br> Main Floor: Features a welcoming reception area, a large kitchen, and 7 private offices (including 3 with full-height windows). The office is 3206 sqft with the warehouse 1,638 sq. ft. of clear-span space, a 415 sq. ft. standalone mezzanine, and two 12' x 14' drive-in overhead doors. Ceiling height 24 ft. <br> <br> Second Floor: A fully self-contained, separated office built out with a dedicated reception area, 7 private offices, a boardroom, a kitchen, two washrooms, and twostorage rooms. The sqft is 2989 sqft <br> <br> Parking: Generous parking allocation including 13 designated surface stalls and 1 titled stall. The condo fees include: Management fee, Property Taxes for common areas, reserve fund, common area insurance. <br> <br> Location and Connectivity Situated at 140, 5700 1st Street SW second floor unit has it’s address #138, this location offers significant logistical and operational advantages.</li></ul> | |
| Sale Notes | |
| Both levels are currently leased to two separate tenants with terms running until October 31, 2027, offering immediate holding income. Positioned just off Macleod Trail with immediate access to Glenmore and Deerfoot Trail, just minutes from the downtown core.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 44,126 SF | Typical Floor Size | 22,063 SF |
| Property Type | Industrial (Condo) | Year Built | 2004 |
| Property Subtype | Warehouse | Lot Size | 1.76 AC |
| Building Class | C | Parking Ratio | 2.71/1,000 SF |
| Floors | 2 | ||
| Zoning | I-G - I-G Industrial General | ||
| Total Building Size | 44,126 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 22,063 SF |
| Year Built | 2004 |
| Lot Size | 1.76 AC |
| Parking Ratio | 2.71/1,000 SF |
| Zoning | I-G - I-G Industrial General |
Amenities
- Storage Space
- Air Conditioning
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
1 of 14
Videos
Matterport 3D Exterior
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Street View
Street
Map
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5700 1st St SW
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