Chinook Park Plaza 5809 MACLEOD TRAIL SW, CALGARY, ALBERTA
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INVESTMENT OPPORTUNITY Chinook Park Plaza 5809 MACLEOD TRAIL SW, CALGARY, ALBERTA The Opportunity Colliers is pleased to present this exclusive opportunity to acquire Chinook Park Plaza, a fully leased retail/office building located on Macleod Trail in Calgary, Alberta. The large 2.3 acre corner location is adjacent to Chinook Centre Mall and offers exposure to over 80,000 vehicles per day. The property and building are in excellent physical condition and includes ample surface parking and well maintained and landscaped grounds. • 49,783 square feet of retail and office space • 100% occupied • Superbly located along Macleod Trail, adjacent to Chinook Centre Shopping Mall • Below market rental rates on office and retail space • Diverse tenant mix with strong historical occupancy • High traffic volume averaging over 80,000 vehicles per day • Located in the strongest retail and office market in North America ERIC HORVATH MATT GREGORY COLLIERS INTERNATIONAL +1 403 215 7257 +1 403 218 4397 900, 335 8th Avenue SW [email protected] [email protected] Calgary, AB T2P 1C9 www.colliers.com INVESTMENT OPPORTUNITY Chinook Park Plaza 5809 MACLEOD TRAIL SW, CALGARY, ALBERTA INVESTMENT DETAILS Municipal Address: 5809 Macleod Trail SW Site Area: 2.3 Acres (100,000 SF +/-) Land Use: C-COR3 f3.0h46 Commerical Corridor 3 Frontage: Approximately 304 SF along Macleod Trail Construction: 1978 Parking: 138 surface stalls (Approx. 3.08 stalls per SF) Retail/Office NRA: 28,405 SF / 21,378 SF (49,783 Total) Percent Occupied: 100% Average Contract Rent Retail/Office: $35.99 / $20.90 Average Market Rent Retail/Office: $36.09 / $24.00 Financing: Clear Title Elbow Driv e SW Contact Us e Trail Glenmor ERIC HORVATH +1 403 215 7257 [email protected] 5 th Str eet SW MATT GREGORY Macleod T rail SW +1 403 218 4397 [email protected] CHINOOK PARK PLAZA COLLIERS INTERNATIONAL 80, 000 V 900, 335 8th Avenue SW ehicles per eet SW Calgary, AB T2P 1C9 th Str 58 day www.colliers.com/calgary This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2014. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. CMN Calgary Inc. .