











1/132, 1217 Centre Street NW, Calgary, AB T2R2R3
$25 Yearly
3,021 SF
Asset Class
Retail
Size
3,021 SF
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
$0
Occupancy
96%
Year Built
1978
Exceptional Retail Leasing Opportunity in a HIGH-VISIBLITY location on a busy corner with excellent exposure and strong pedestrian traffic. Conveniently situated near public transit, this commercial space offers an attractive opportunity for businesses seeking visibility and accessibility. The existing salon buildout features multiple styling stations, shampoo stations, product display areas, a reception counter, and dedicated back-of-house space, including staff facilities and storage. Modern lighting, exposed ceilings, durable flooring, and distinctive interior finishes create a functional space with existing improvements that may help reduce initial tenant setup costs. While ideally suited for salon, beauty, and personal-care operators seeking a turnkey opportunity, the premises will be available for a variety of retail uses, subject to landlord approval and applicable land-use regulations. The current tenant is scheduled to vacate November 30, offering incoming tenants an opportunity to plan their occupancy. Capitalize on this highly visible location and establish your business in a high-traffic commercial setting. (id:66811)
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Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$0
Cash-on-cash
6.26%
DSCR
1.34
Going-in cap
7.42%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Cascade Foods Inc. | 1,710 SF | 2028-08 |
| Cascade Foods Inc. | 1,199 SF | 2028-08 |
Trade area within 3 miles of the property.
Population
88,861
Households
36,612
Median income
$87,500
Median age
45.4
Daytime population
131,077
5-yr growth
4.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2, 1217 Centre Street NW, Calgary.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.