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5990 51st St SE

11,300 SF Industrial Building Calgary, AB T2C 4M9 $3,595,000 CAD ($318 CAD/SF)

Investment Highlights

  • Close proximity to 61 Avenue SE, 52 Street SE, Glenmore trail SE, Deerfoot Trail SE, and the Ring Road (Stoney Trail SE).
  • The property offers surface parking.
  • Exposure onto 52 Street SE.

Executive Summary

11,300 SF freestanding building on 0.97 acres. Tenant’s lease expires March 31, 2025 (one 3 year option to renew at market). Rare single tenant investment property. Tenant may be willing to relocate for owner-user. Office newly renovated including new kitchenetteand carpet.

Property Facts Under Contract

Price $3,595,000 CAD
Price Per SF $318 CAD
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.97 AC
Rentable Building Area 11,300 SF
No. Stories 1
Year Built 1998
Tenancy Single
Parking Ratio 1.33/1,000 SF
Clear Ceiling Height 22 ft
No. Drive In / Grade-Level Doors 4

zoning

Zoning Code I-G (General Industrial)
I-G (General Industrial)
  • Listing ID: 31094394

  • Date on Market: 2024-03-01

  • Last Updated:

  • Address: 5990 51st St SE, Calgary, AB T2C 4M9

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