Investment Overview
Future redevelopment opportunity with holding income in Calgary’s inner-city community of Cambrian Heights
Investment Highlights
- Prime Redevelopment Opportunity: The 0.67-acre site offers tremendous potential for mixed-use densification within a mature community and presents a blank slate with no current land use applications, allowing maximum redevelopment flexibility
- Substantially Leased to Local Tenants: Average CRU bay size of 686 sf, conducive to local shops, eateries, take-out restaurants, specialty stores and other neighbourhood daily needs / services
- Prime Signalized Corner: Unique location at a signalized intersection, with multiple points of site access, offering nearly 500 feet of high exposure frontage
- Central Connectivity: The Cambrian Heights community is centrally located to provide convenient access to major transportation routes that services all points of north inner-city Calgary
- Near-Term Redevelopment Flexibility: Short-term leases across the entire rent roll with a 1.39-year WALT provide near-term access to the site for redevelopment with nearby schools, parks, and amenities that drive consistent daily traffic