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For Sale1302 Edmonton Trail NE, Calgary, Alberta
JLL CAPITAL MARKETSjll.ca I 403-456-2233Suite 500 - 301 8th Ave SW Calgary, AB T2P 1C5
Ken WesthaverJLL Capital Markets, CalgarySenior Vice President,Land Services & Development(403) [email protected]
Ryan MurphyJLL Capital Markets, CalgarySenior Sales Associate(403) [email protected]
STREETFRONT OPPORTUNITY
EDMONTON TRAIL
The Property represents an excellent opportunity to acquire a property strategically located at the corner of Edmonton Trail NE and 12 Avenue NE, in the heart of the inner-city community of Renfrew/Cresent Heights. The Property provides the opportunity to acquire a fully leased property, currently configured to accommodate a medical tenancy. The Property consists on one retail/medical building at grade, with three (3) parking stalls in the rear.
12 AVE NE
1302 Edmonton Trail NE is a single-storey plus basement commercial building with a total rentable area of approxi-mately 3,313 sf. The Property is currently leased to Optimum Wellness Centre, with a near-term expiry in July 2020. There is a clause in the lease that allows for the lease to be termi-nated with 6-months’ notice, in the event of a sale. Addition-al income is generated from a Pattison Sign lease.
1302 EDMONTON TRAIL NE, CALGARY, ALBERTA
EASY ACCESS TO PUBLIC TRANSIT
SITUATED 850 METRES FROM RENFREW RECREATION CENTRE
WIDE VARIETY OF RETAIL IN CLOSE PROXIMATELY
EASY ACCESS TO DOWNTOWN CALGARY
Property Details Building Area 3,313 sf + 269 sf (garage)
Year Built 1918
Lot Area 6,100 sf
Frontage 55’
Depth 117’
Parking 3
Zoning C-COR2 f1.0h10 Commercial - Corridor 2
Official Plan Crescent Heights Area Redevelopment Plan
Traffic Count 22,000 VPD
Walk Score 88 - Very Walkable
Asking Price $900,000
EDMONTON TRAIL
12 AVE NE
SUBJECT PROPERTYTrans-Canada Highway
Ston
ey T
rail
Chro
wch
ild T
rail
SW
Deerfoot Trail
CALGARY INTERNATIONAL
AIRPORT
CALGARY CORE DOWNTOWN
Location OverviewLOCATION OVERVIEW
Located in the gentrifying community of Renfrew/Crescent Heights, this inner-city area has experienced notable rede-velopment due it is proximity to the downtown core, easy access to parks and schools and other nearby amenities.
7 MIN DRIVE TIME TO DOWNTOWN CALGARY
13 MIN DRIVE TIME TO CALGARY AIRPORT
Bow River
16 Avenue NW 16 Avenue NE
Edm
onto
n Tr
ail N
E
Centre Street N
Memorial Drive NW
6 St
reet
NE
12 Avenue NE12 Avenue NW
8 Avenue NE
4 St
reet
NW
17 Avenue NE
SUBJECT PROPERTY
JLL CAPITAL MARKETSjll.ca I 403-456-2233Suite 500 - 301 8th Ave SW Calgary, AB T2P 1C5
Ken WesthaverJLL Capital Markets, CalgarySenior Vice President,Land Services & Development(403) [email protected]
Ryan MurphyJLL Capital Markets, CalgarySenior Sales Associate(403) [email protected]
OFFERING PROCESS
The property is being offered for sale by way of a conventional marketing process with a list price of $900,000 and without a fixed date for the submission of expression of interest to purchase. The Vendor is currently prepared to respond to expressions as they are received.
Prospective purchasers should also be aware that we have set up a virtual data room (Box account) to facilitate access to key property-related documents and planning information. Please contact the listing agents to obtain access to this website.