67 Glenbrook Place Sw Calgary, Alberta
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MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY 67 GLENBROOK PLACE SW CALGARY, ALBERTA MEDICALLY ZONED MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY 67 GLENBROOK PLACE SW, CALGARY, ALBERTA THE OPPORTUNITY PROPERTY SUMMARY 67 Glenbrook Place SW (the “Property”) represents an excellent opportunity to acquire a medical/retail redevelopment opportunity in an established commercial district. The highly desirable, 46,587 square foot Basement: 14,865 SF (“SF”) Property, which occupies a 1.46-acre site with exposure to the major arterial of Sarcee Trail SW, Main Floor: 16,021 SF offers a high demand location, with an abundance of retail, entertainment, service and transit offerings on Building Size its doorstep. The Vendor is prepared to lease-back ~10,000 SF at market rental rates. Second Floor: 15,701 SF Jones Lang LaSalle Real Estate Services, Inc. (the “Advisor”) has been exclusively retained by MTK Properties Total: 46,587 SF Ltd. (the “Vendor”) to seek proposals to acquire the Property. Interested parties will be required to execute and submit the Vendor’s form of Confidentiality Agreement prior to receiving detailed information about Basement: 9’11’ the Property. The Property is being marketed by way of a conventional marketing process, without a list Main Floor: 11’ (to the t-bar) price and without a fixed date for the submission of interest to purchase. The Vendor is currently prepared Ceiling Height to respond to expressions of interest as they are received. Second Floor: 9’11’ (to the t-bar) INVESTMENT HIGHLIGHTS Power 1,200 amps, 120/208 volt • Medical use approved • Highly desirable west-end location • Exceptional exposure to 40,000 vehicles per day • Extensive transportation upgrades planned at Sarcee and Richmond Road; will enhance access and traffic flow • Close proximity to retail and service amenities • Three levels of retail showroom space • Highly desirable demographic profile within the trade area • New roof replaced in 2017 and HVAC system in 2014 PROPERTY SUMMARY PROPERTY SITE SITE Property ADDRESS AREA DISTRICT Taxes (2019) AVAILABLE 67 Glenbrook 1.46 Acres Glenbrook $119,096.12 Immediately Place SW CURRENT PARKING ELEVATOR LOADING ZONING ~88 Stalls Freight elevator 1 (8’ X 8’) Drive-In C-COR3 services all three 1 (8’ X 8’) Dock floors MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY 67 GLENBROOK PLACE SW, CALGARY, ALBERTA LOCATION HIGHLIGHTS BEST BUY REAL CANADIAN SUPERSTORE SAFEWAY CINEPLEX The Property is located at the end of the cul-de-sac on Glenbrook Place SW, within the established commercial district CIBC of Glenbrook. The position of the asset benefits from immediate LOWE’S access to Sarcee Trail SW and Glenmore Trail SW (and the future Ring Road), providing quick and efficient access to all major INDIGO points in the city. Within walking distance of the Property are food outlets such as Starbucks and Save-on-Foods. The location CANADIAN TIRE also offers numerous other retail and amenities within a short drive. Richmond Road SW WINNERS SAVE-ON FOOD 67 Glenbrook Place SW, 20 MINS to Calgary, Alberta Downtown Calgary Sarcee Trail SW STARBUCKS Sarcee Trail SW 4 MINS to 32 MINS to Calgary Signall Hill Centre International Airport GOODLIFE Subject Property Wide variety of retail 9 MINS to 69 Street HONDA in close proximately C-Train Station Easy access to Bus Routes Sarcee Trail SW throughout the city MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY 67 GLENBROOK PLACE SW, CALGARY, ALBERTA FLOOR PLAN MAIN FLOOR SECOND FLOOR BASEMENT TOTAL RENTABLE AREA – 16,020 SF TOTAL RENTABLE AREA – 15,701 SF TOTAL RENTABLE AREA – 14,864 SF MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY 67 GLENBROOK PLACE SW, CALGARY, ALBERTA CONCEPT PLAN CONCEPT RENDERING CONCEPT RENDERING MEDICALLY ZONED OFFERING PROCESS Jones Lang LaSalle Real Estate Services Inc. (the “Advisor”) has been exclusively retained by the Vendor to seek proposals to acquire the Property. Prospective purchasers should also be aware that a virtual data room (Box account) is setup to facilitate access to key property-related documents. Please contact either of the undersigned to arrange access to this website. Interested parties will be required to execute and submit the Vendor’s form of Confidentiality Agreement prior to receiving detailed information about the Property. All inquiries regarding the Property should be directed to: JLL CAPITAL MARKETS MARSHALL TONER RYAN MURPHY jll.ca I 403-456-2233 JLL Industrial, Calgary JLL Capital Markets, Calgary Suite 500 - 301 8th Ave SW Executive Vice President Senior Sales Associate Calgary, AB T2P 1C5 (403) 456-2214 (403) 456-5582 [email protected] [email protected] DISCLAIMER © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. Information set out herein (the “Information”) has not been verified by Jones Lang LaSalle Real Estate Services, Inc., Brokerage and any and all of its real estate agents/staff, and to all other divisions of the company (collectively “JLL”). JLL does not represent, warrant or guarantee the accuracy, correctness and complete ness of the Information. Given the limitations of the investigations, inquiries and verification that JLL have undertaken, the reliability of this Information must be treated with a suitable degree of caution and neither JLL or any of their affiliates accept any liability or responsibility for the accuracy or completeness of the information contained herein and no reliance should be placed on the information contained in this document. JLL does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from JLL..