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Executive Highlights - 50 avenue se...Calgary’s major traffic arteries, as well as direct exposure to 50th Avenue 2 Address 4300 – 50th Avenue SE Site Size 21.15 acres Site Dimensions

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Page 1: Executive Highlights - 50 avenue se...Calgary’s major traffic arteries, as well as direct exposure to 50th Avenue 2 Address 4300 – 50th Avenue SE Site Size 21.15 acres Site Dimensions
Page 2: Executive Highlights - 50 avenue se...Calgary’s major traffic arteries, as well as direct exposure to 50th Avenue 2 Address 4300 – 50th Avenue SE Site Size 21.15 acres Site Dimensions

Executive Highlights

4300 - 50th Avenue SE (the “Property”) offers potential purchasers and tenants the unique opportunity to acquire a 128,866 sfmanufacturing building on a 21.15 acre site, located in one of the strongest industrial nodes of Calgary.

The offering presents the following attributes:

• The Property is being offered on a fully vacant basis effective May 31, 2020

• Fully functioning manufacturing facility with 7 cranes available

• All deferred services, offsite acreage assessment charges/levies have been paid

• Existing equipment available can be included in sale or lease transaction

Prime Industrial Location

• The Property is strategically positioned within the Eastfield Industrial District, one of Calgary’s largest industrial parks

• Location grants users with unmatched access to all of Calgary’s major traffic arteries, as well as direct exposure to 50th Avenue

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Address 4300 – 50th Avenue SE

Site Size 21.15 acres

Site Dimensions Approx. 1,540 ft x 595 ft

Zoning DC-406Direct Control

Distance to Major Traffic Arteries

Deerfoot & Stoney Trail SE – 3.5 KMGlenmore Trail – 8 KM

Property Taxes (2020): $268,625.83

Property Summary

Current Use Concrete Manufacturing Facility

Construction Years 1977/1979

Construction Type Steel Frame & Precast Concrete

Main Floor Building AreaMain Floor “Additions” AreaSecond Floor Office AreaTotal Area

110,704 sf10,446 sf

7,717 sf128,866 sf

Site Coverage 13%

Clear Height 31’

Loading Doors3 – 17’x20’ 1 – 14’x16’1 – 28’x30’

2 – 10’x12’1 – 10’x16’1 – 14’x18’

Crane Summary# of Cranes: 7

Capacity: 1-20 t, 2-25 t, 2-30 t, 2-55 tHook Height: 21’ – 23’6”

Electrical Capacity 1 1600 Amps347/600V

1. To be verified

Building Summary

Page 3: Executive Highlights - 50 avenue se...Calgary’s major traffic arteries, as well as direct exposure to 50th Avenue 2 Address 4300 – 50th Avenue SE Site Size 21.15 acres Site Dimensions

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Main Floor Building AreaMain Floor “Additions” AreaSecond Floor Office AreaTotal AreaNon-rentable Trailers Area

110,704 sf10,446 sf

7,717 sf128,866 sf

1,816 sf

Area Summary

Floor Plan

Page 4: Executive Highlights - 50 avenue se...Calgary’s major traffic arteries, as well as direct exposure to 50th Avenue 2 Address 4300 – 50th Avenue SE Site Size 21.15 acres Site Dimensions
Page 5: Executive Highlights - 50 avenue se...Calgary’s major traffic arteries, as well as direct exposure to 50th Avenue 2 Address 4300 – 50th Avenue SE Site Size 21.15 acres Site Dimensions

Site Overview

Location

• The Property is located in the Eastfield Industrial District, an established Industrial area in southeast Calgary

• High profile location with direct exposure to 50th Avenue SE

• Close to commercial services

• Rare opportunity to purchase or lease a site of this size in this region

Property

• The Property will be vacant as of May 31, 2020, providing the purchaser or tenant expedited occupancy

• The rectangular shaped parcel is approximately 1,540 ft deep with 595 ft of frontage onto 50th Avenue SE

• The Property is currently improved with a 128,866 sf manufacturing facility, separated into two bays which are connected in the south end of the building

• Phase 1 and 2 Environmental Site Assessments (“ESA”) were completed in 2018 to evaluate the soil and groundwater

Access

• The Property is strategically located with unmatched access to Calgary’s major thoroughfares, providing users with efficient distribution options

• With drive times of less than 10 minutes to Deerfoot Trail, Stoney Trail SE, and Glenmore Trail S, the Property offers users theability to distribute efficiently to the Greater Calgary area and beyond

• The property is located along bus route 147, providing easy access via public transit on 50th Avenue SE

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Page 6: Executive Highlights - 50 avenue se...Calgary’s major traffic arteries, as well as direct exposure to 50th Avenue 2 Address 4300 – 50th Avenue SE Site Size 21.15 acres Site Dimensions

Site Plan

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Page 7: Executive Highlights - 50 avenue se...Calgary’s major traffic arteries, as well as direct exposure to 50th Avenue 2 Address 4300 – 50th Avenue SE Site Size 21.15 acres Site Dimensions

Current Zoning Overview

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ZoningDC – 406Direct Control

Permitted Use Concrete Manufacturing Plant

Use Guidelines

• All sandblasting operations shall be conducted within an enclosed building

• Mature deciduous trees must be planted along the entire property line

• A minimum of a 20-foot-wide maintenance buffer strip be provided along the northerly 600 feet of the west property line and along the inside of the entire rear of the site

• Buffer to consist of a screen fence having a minimum height of 6 ft, to be placed on the outside perimeter

Page 8: Executive Highlights - 50 avenue se...Calgary’s major traffic arteries, as well as direct exposure to 50th Avenue 2 Address 4300 – 50th Avenue SE Site Size 21.15 acres Site Dimensions

Easement Overview

The City of Calgary has an easement through thenorthwest corner of the Site

• The easement is 2.77 acres in size, and consists ofan underground storm sewer

• The City has the right to access the easementwith all necessary vehicles and equipmentrequired for inspection, maintenance, and repairof the underground storm sewer

• Based on the registered documents, the City shallnot make or construct any dike, berm, trench, orditch which is a danger to farm animals unless itis protected by fencing

• The owner is not permitted to build or erectwithin said easement any building or structure ofany type which will hinder or prevent the Cityfrom exercising their agreed upon rights

• All documents pertaining to the easement areavailable for purchaser or tenant’s review

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Easement

Page 9: Executive Highlights - 50 avenue se...Calgary’s major traffic arteries, as well as direct exposure to 50th Avenue 2 Address 4300 – 50th Avenue SE Site Size 21.15 acres Site Dimensions

CONTACT INFORMATION

For more information please contact:

Ryan HaneyExecutive Vice President

[email protected]

Chris SaundersSenior Vice President

[email protected]

Casey StuartVice President403.456.3247

[email protected]

Marshall TonerExecutive Vice President

[email protected]

Carey KorolukAssociate Vice President

[email protected]

Austin SmithAssociate

[email protected]