6
MEDICALLY ZONED 67 GLENBROOK PLACE SW CALGARY, ALBERTA MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY

MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY 67 GLENBROOK … glenbrook... · 67 Glenbrook Place SW (the “Property”) represents an excellent opportunity to acquire a medical/retail

  • Upload
    others

  • View
    5

  • Download
    0

Embed Size (px)

Citation preview

Page 1: MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY 67 GLENBROOK … glenbrook... · 67 Glenbrook Place SW (the “Property”) represents an excellent opportunity to acquire a medical/retail

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

Page 2: MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY 67 GLENBROOK … glenbrook... · 67 Glenbrook Place SW (the “Property”) represents an excellent opportunity to acquire a medical/retail

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

Page 3: MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY 67 GLENBROOK … glenbrook... · 67 Glenbrook Place SW (the “Property”) represents an excellent opportunity to acquire a medical/retail

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

Page 4: MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY 67 GLENBROOK … glenbrook... · 67 Glenbrook Place SW (the “Property”) represents an excellent opportunity to acquire a medical/retail

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

Page 5: MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY 67 GLENBROOK … glenbrook... · 67 Glenbrook Place SW (the “Property”) represents an excellent opportunity to acquire a medical/retail

67 GLENBROOK PLACE SW, CALGARY, ALBERTAMEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY

CONCEPT PLAN

CONCEPT RENDERING

CONCEPT RENDERING

Page 6: MEDICAL/RETAIL REDEVELOPMENT OPPORTUNITY 67 GLENBROOK … glenbrook... · 67 Glenbrook Place SW (the “Property”) represents an excellent opportunity to acquire a medical/retail

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) [email protected]

RYAN MURPHY JLL Capital Markets, Calgary Senior Sales Associate (403) 456-5582 [email protected]

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