medical/retail redevelopment opportunity 67 glenbrook … glenbrook... · 67 glenbrook place sw...
Post on 27-Mar-2020
4 Views
Preview:
TRANSCRIPT
MEDICALLY ZONED
6 7 G L E N B R O O K P L A C E S W C A L G A R Y, A L B E R T A
M E D I C A L / R E T A I L R E D E V E L O P M E N T O P P O R T U N I T Y
67 GLENBROOK PLACE SW, CALGARY, ALBERTAMEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY
THE OPPORTUNITY
67 Glenbrook Place SW (the “Property”) represents an excellent opportunity to acquire a medical/retail redevelopment opportunity in an established commercial district. The highly desirable, 46,587 square foot (“SF”) Property, which occupies a 1.46-acre site with exposure to the major arterial of Sarcee Trail SW, offers a high demand location, with an abundance of retail, entertainment, service and transit offerings on its doorstep. The Vendor is prepared to lease-back ~10,000 SF at market rental rates. Jones Lang LaSalle Real Estate Services, Inc. (the “Advisor”) has been exclusively retained by MTK Properties Ltd. (the “Vendor”) to seek proposals to acquire the Property. Interested parties will be required to execute and submit the Vendor’s form of Confidentiality Agreement prior to receiving detailed information about the Property. The Property is being marketed by way of a conventional marketing process, without a list price and without a fixed date for the submission of interest to purchase. The Vendor is currently prepared to respond to expressions of interest as they are received.
INVESTMENT HIGHLIGHTS
• Medical use approved• Highly desirable west-end location• Exceptional exposure to 40,000 vehicles per day• Extensive transportation upgrades planned at Sarcee and Richmond Road; will enhance
access and traffic flow• Close proximity to retail and service amenities• Three levels of retail showroom space• Highly desirable demographic profile within the trade area• New roof replaced in 2017 and HVAC system in 2014
PROPERTY SUMMARY
PROPERTY SUMMARY
PROPERTY ADDRESS
67 Glenbrook Place SW
SITE AREA
1.46 Acres
SITEDISTRICTGlenbrook
PropertyTaxes (2019)
$119,096.12
AVAILABLEImmediately
CURRENTZONINGC-COR3
PARKING~88 Stalls
ELEVATORFreight elevator
services all three floors
LOADING1 (8’ X 8’) Drive-In
1 (8’ X 8’) Dock
Building Size
Basement: 14,865 SF
Main Floor: 16,021 SF
Second Floor: 15,701 SF
Total: 46,587 SF
Ceiling Height
Basement: 9’11’
Main Floor: 11’ (to the t-bar)
Second Floor: 9’11’ (to the t-bar)
Power 1,200 amps, 120/208 volt
LOCATION HIGHLIGHTS
67 GLENBROOK PLACE SW, CALGARY, ALBERTAMEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY
20 MINS toDowntown Calgary
67 Glenbrook Place SW,Calgary, Alberta
32 MINS to Calgary International Airport
4 MINS to Signall Hill Centre
9 MINS to 69 Street C-Train Station
Wide variety of retail in close proximately
Bus Routes throughout the city
Easy access toSarcee Trail SW
The Property is located at the end of the cul-de-sac on Glenbrook Place SW, within the established commercial district of Glenbrook. The position of the asset benefits from immediate access to Sarcee Trail SW and Glenmore Trail SW (and the future Ring Road), providing quick and efficient access to all major points in the city. Within walking distance of the Property are food outlets such as Starbucks and Save-on-Foods. The location also offers numerous other retail and amenities within a short drive.
Sarcee Trail SW
Sarcee Trail SW
HONDA
GOODLIFE
CANADIAN TIRE
STARBUCKS
REAL CANADIAN SUPERSTORE
LOWE’S
WINNERS
INDIGO
Subject Property
SAVE-ON FOOD
CINEPLEXSAFEWAY
CIBC
BEST BUY
Richmond Road SW
FLOOR PLAN
MAIN FLOORTOTAL RENTABLE AREA – 16,020 SF
SECOND FLOORTOTAL RENTABLE AREA – 15,701 SF
BASEMENTTOTAL RENTABLE AREA – 14,864 SF
67 GLENBROOK PLACE SW, CALGARY, ALBERTAMEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY
67 GLENBROOK PLACE SW, CALGARY, ALBERTAMEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY
CONCEPT PLAN
CONCEPT RENDERING
CONCEPT RENDERING
JLL CAPITAL MARKETSjll.ca I 403-456-2233Suite 500 - 301 8th Ave SW Calgary, AB T2P 1C5
MARSHALL TONER JLL Industrial, CalgaryExecutive Vice President(403) 456-2214Marshall.Toner@am.jll.com
RYAN MURPHY JLL Capital Markets, Calgary Senior Sales Associate (403) 456-5582 RyanJ.Murphy@am.jll.com
All inquiries regarding the Property should be directed to:
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.
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. Prospective purchasers should also be aware that a virtual data room (Box account) is setup to facilitate access to key property-related documents. Please contact either of the undersigned to arrange access to this website. Interested parties will be required to execute and submit the Vendor’s form of Confidentiality Agreement prior to receiving detailed information about the Property.
MEDICALLY ZONED
top related