240 Aviation Pl NE - Specialty FOR SALE


Calgary, AB T2E 7G1
$7,995,000 CAD
587-324-9978
240 Aviation Pl NE, Calgary, AB for Sale
$7,995,000 CAD
Specialty - FOR SALE
1/7
null | Request Cap Rate

240 Aviation Pl NE
Calgary, AB T2E 7G1


HIGHLIGHTS

  • direct access to YYC runways
  • significant interior improvements
  • partially leased with existing income in place

OVERVIEW

This is a rare opportunity to purchase air-side hangar space with direct access to YYC runways. The space is approximately 9,976 square feet of office build-out, inclusive of private offices with an open concept work area, front entrance common area, lobby, departure lounge, kitchenette, and wet bar. The hangars have recently had significant interior improvements completed! The space is also partially leased, and brings in stable income. The land lease is in place until 2028 with an option to renew for a further 24 years. There is ample parking with 120 employee and customer parking stalls. The spaces have radiant heating, trench drainage and make-up air systems in place.

FOR SALE DETAILS

PRICE

$7,995,000 CAD

PRICE/SF

$237 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

2.76 AC

LAND SF

120,226 SF

ZONING

S-CRI

APN/PARCEL ID

201951241,902006303

ASK ABOUT THIS PROPERTY

Luke HamillCBRE, LimitedMore Info
587-324-9978

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Luke HamillCBRE, LimitedMore Info
587-324-9978

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.