Automotive Investment
2730 – 23 Street NE Calgary

Automotive Investment - alternatives for sale

1.31 ac
Alternatives Vente/Achat
CAD $6,200,000

La description

Jones Lang LaSalle Real Estate Services, Inc. (“JLL” and/or the “Advisor”) is pleased to offer for sale a 100% freehold interest in an automotive investment property located at 2730 – 23 Street NE, Calgary, AB (the “Property”). Available is a freestanding automotive property leased to two tenants at the primary intersection of 27 Avenue NE and Barlow Trail NE.

The Property is fully leased to Barlow Motors and TJ Motors. The Property offers quality tenancies, providing complementary service lines. Further, the low site coverage allows for ample parking, providing the automotive retailer significant parking capacity. Long-term, the Property represents having the potential for redevelopment to a higher level of commercial density.

The Property provides prospective investors with an attractive opportunity to capitalize on a premium quality automotive asset within a primary automotive retail corridor. The Property is being offered for sale at a price of $6,200,000, representing a going-in capitalization rate of 6.47%.

Outils de propriété

Automotive Investment - alternatives for sale

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