403-215-7257
1601 Airport Rd NE, Calgary, AB for Sale
Office - FOR SALE
1/13
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1601 Airport Rd NE
Calgary, AB T2E 6Z8


HIGHLIGHTS

  • Situated at the heart of Calgary International Airport (YYC).
  • Easily accessible from all quadrants of the city via Airport Trail, Deerfoot Trail, and Stoney Trail (Calgary Ring Road).
  • High-quality “A” Class building constructed in 2000.

OVERVIEW

On behalf of the court appointed receiver, Colliers is pleased to present the exclusive opportunity to acquire the Airport Corporate Centre (the “Property”) located at 1601 Airport Road NE in Calgary, Alberta, Canada. The Airport Corporate Centre offers 146,329 square feet of premium office space, situated adjacent to the main terminal of Calgary International Airport (YYC). The property boasts exceptional visibility and easy accessibility from all quadrants of the city via Deerfoot Trail and the new Calgary Ring Road. This investment opportunity includes the leasehold interest in the top seven floors (2-8) of the Property. The main floor and parkade are controlled by the property Landlord, the Calgary Airport Authority. The current lease with the Landlord runs through 2052, with a base rent of $10,000 per year, plus participation rent. The Property stands as the only office development directly connected to the main YYC terminal and is one of the few “A” class office properties in Calgary’s NE quadrant. Currently, 40% of the Property is occupied by a diverse range of tenants, primarily within the aviation sector. This presents an excellent owner-user opportunity for organizations seeking direct YYC access and enhanced visibility at well below replacement cost.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

8

BUILDING CLASS

A

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

265

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

AT

APN/PARCEL ID

902513381

ASK ABOUT THIS PROPERTY

Eric HorvathColliersMore Info
403-215-7257

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Eric HorvathColliersMore Info
403-215-7257

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