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For Sale

Northmount Centre

552 Northmount Drive NW,
Calgary, AB T2K 3J2
Represented by
Avison Young

Asset Snapshot

Offering Summary

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

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Listing Syndicated From

SharpLaunch
For Sale
Unlisted
Asking Price

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