Aircraft Hangars Office Facility 5438, 5440 – 11 Street NE Calgary Alberta

Property Features:

RARE OPPORTUNITY to purchase a premier hangar facility with immediate access to Taxiway; Property is located on the preferred west side of airport/runway; Long term Land Lease in place with the Calgary Airport Authority (CAA); Lease Extension Option in place to extend to year 2052; Subject property occupies approximately the north 2/5 percent of the entire hangar complex; A two separate but contiguous hangars facility offers a nicely appointed departure lounge, as well as shop

space and extensive office space; Easy ingress & egress to major arteries of north-south Deerfoot Trail and east-west McKnight Boulevard; An adjacent gated surface parking lot which is included in this offering offers abundance of parking space; Subject property is well maintained; Excellent office finishing;

FOR

SALE or LEASE

Not intended to solicit any party under a relevant contract. The information above is derived from sources believed reliable; however, no warranties or representations are being made regarding such information, including the potential income, costs, or profits associated with a property. Interested parties should consult a qualified professional for investment, financial or tax advice. All offices are independently owned and operated, except those offices marked as “Royal LePage Real Estate Services Ltd.” Royal LePage is a registered trade-mark used under license. © 2012 Brookfield Real Estate Services Manager Limited

Royal LePage Foothills-Commercial Division #200, 1016 - 68 Avenue SW

Calgary, AB T2V 4J2 www.royallepagecommercial.com

Wing Tang [Associate – Investment Sales]

Direct: (403) 685-2434 Cell: (403) 605-1199 wtang@royallepagecommercial.com

Aircraft Hangars Office Facility

5438, 5440 – 11 Street NE Calgary Alberta

FOR

SALE or LEASE

Property Particulars:

Address 5438, 5440 – 11 Street NE, Calgary

Zoning / Use

Aviation use (any purchase or leasing of the property, and including any other type of uses for the hangars, shall be subject to Calgary Airport Authority approval)

Year built

1979

Gross Land Area

3.34 acres

Land Lease Expiry

December 31, 2028 Subject property is under land lease agreement with the Calgary Airport Authority (CAA)

Lease Extension Option

Option to extend to June 29, 2052 (Important Feature: not all hangars under land lease with CAA have lease extension option in place)

Land Lease Payment $52,627.17 annum (2013) 1% annual rent escalation

Gross Bldg Area (sf)

Hangar Main Fl Office 2nd

Fl Office Com. Area Total

Hangar 1: 8,118.4 5,053.1 - - 13,172 sf Hangar 2: 7,574.0 6,159.0 11,097 - 24,830 sf H1 & H2: - - - 1,190 1,190 sf Total: 39,192 sf ________________________________________________________________________________________________________________________________________________

Total Office Space: 22,309.10 sf Total Hangar Space: 15,692.40 sf

Hangar/Shop Space (Hangars 1 & 2)

Hangar Door Ceiling Dimensions Hangar 1: w78’ x h23’ 23’ 10” 89’ 6” x 81’ Hangar 2: w66’ x h23’ 23’ 10” 89’ 6” x 81’

Aprons

120 feet

Parking 156 surface stalls (includes 16 stalls with plug-ins at the front of the building)

Possession

Immediate possession/occupancy

All numbers/dimensions/measurements indicated herein are by approximation only and shall be subject to verification.

For Lease

Gross Rent

Market

For Sale

Sale Price

Please contact agent

Aircraft Hangars Office Facility

FOR

SALE or LEASE

Aircraft Hangars Office Facility

FOR

SALE or LEASE

Main Floor

Second Floor

Hangar space: 8,118 sf Main floor office: 5,053 sf 13,171 sf

Second floor office space: 11,097sf

Hangar space: 7,574 sf Main floor office: 6,159 sf 13,733 sf

All numbers/dimensions/measurements indicated herein are by approximation only and shall be subject to verification.

PROPERTY PHOTOS

FOR

SALE or LEASE

PROPERTY PHOTOS

FOR

SALE or LEASE

PROPERTY PHOTOS

FOR

SALE or LEASE