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2730-23 Street Ne Automotive Investment Offering 2730-23 STREET NE CALGARY, ALBERTA BARLOW TRAIL NE 27 Avenue NE 23 STREET NE AUTOMOTIVE INVESTMENT OFFERING 2730 - 23 STREET NE, CALGARY, ALBERTA THE OPPORTUNITY Jones Lang LaSalle Real Estate Services, Inc. (“JLL” and/or the “Advisor”) is pleased to offer for sale a 100% freehold interest in an automotive investment property located at 2730 – 23 Street NE, Calgary, AB (the “Property”). Available is a freestanding automotive property leased to two tenants at the primary 7.8 KM to 13.2 KM to Calgary 2.7 KM to Rundle 92 M to #19 and #182 Wide variety of retail 1.8 KM to intersection of 27 Avenue NE and Barlow Trail NE. Downtown Calgary International Airport C-Train Station Bus Stop in close proximately Sunridge Mall The Property is fully leased to Barlow Motors and TJ Motors. The Property offers quality tenancies, providing complementary 32 Avenue NE service lines. Further, the low site coverage allows for ample parking, providing the automotive retailer significant parking capacity. Long-term, the Property represents having the potential for redevelopment to a higher level of commercial SUNRIDGE MALL density. SOUTH AIRWAYS The Property provides prospective investors with an attractive SUBJECT PROPERTY opportunity to capitalize on a premium quality automotive SUNRIDGE asset within a primary automotive retail corridor. The Property is being offered for sale at a price of $6,200,000. Sunridge Mall INVESTMENT HIGHLIGHTS ▪ Highly desirable location at the corner of 27 Avenue NE and VISTA HEIGHTS Barlow Trail NE ▪ Low site coverage Real Canadian Superstore ▪ Stable income and attractive return Barlow Trail NE Barlow Trail RUNDLE ▪ Competitive automotive dealers in the immediate vicinity Trans-Canada Hwy 16 Avenue NE Deerfoot Trail 52 Street NE 52 Street PROPERTY SUMMARY 36 Street NE ADDRESS 2730 - 23 Street NE, Calgary, Alberta FRANKLIN COMMUNITY South Airways RENFREW 1A SITE AREA 1.31 acres 2 MAYLAND HEIGHTS BUILDING SIZE 8,640 s.f. CALGARY MARLBOROUGH INTERNATIONAL YEAR BUILT 1989 AIRPORT 201 SHORT LEGAL 9912856;1;5 1A Marlborough Mall LAND USE DESIGNATION C-COR3 f1.0h12 1 MERIDIAN 1 PARKING RATIO 9.84 per 1,000 BRIDGELAND/RIVERSIDE Memorial Drive E CURRENT OCCUPANCY 100% CALGARY CORE DOWNTOWN WALT 4.33 8 MAYLAND 27 Avenue NE 23 STREET NE 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. The Property is offered for sale at $6,200,000. 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 CHRIS SAUNDERS RYAN MURPHY jll.ca I 403-456-2233 JLL Industrial, Calgary JLL Capital Markets, Calgary Suite 500 - 301 8th Ave SW Senior Vice President Senior Sales Associate Calgary, AB T2P 1C5 (403) 456-2218 (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..
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