
1/22600 48 Avenue NE, Calgary, AB T3J5R5
$29 Yearly
15,924.95 SF
Asset Class
Retail
Size
15,924.95 SF
Building class
A
Zoning
CSC — Shopping Centre
$ / SF
$0
Occupancy
91%
Year Built
2027
HORIZON 48 — NEW MAIN-FLOOR COMMERCIAL SPACE FOR LEASEPosition your business at Horizon 48, a commercial development at 2600 48 Avenue NE, conveniently located near McKnight Boulevard, Barlow Trail and Métis Trail. This northeast Calgary location offers convenient access to YYC International Airport, surrounding business parks, established residential communities and nearby hotels, providing opportunities to serve local residents, employees, travelers and business customers.Approximately 16,000 sq. ft. of main-floor space is available across five bays, with individual units ranging from approximately 2,793 to 3,286 sq. ft. Corner and interior configurations are available, with front and rear pedestrian access to each bay. The development features surface parking, three access points and pylon signage opportunities.A standout feature is the approximately 1,528 sq. ft. outdoor rooftop amenity space associated with Bay 1, offering potential for an outdoor terrace or daycare outdoor play area, subject to required approvals and licensing. Other potential uses include retail, showroom, professional services and other commercial concepts, subject to confirmation of the specific use and required approvals.The location benefits from approximately 13,000 vehicles per weekday along 48 Avenue NE, based on City of Calgary’s 2019 traffic data.Main-floor base rents start at $29 per sq. ft. annually, plus operating costs and GST. Contact the listing agent for availability, bay configurations and rooftop details. (id:66811)
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Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$0
Cash-on-cash
1.13%
DSCR
1.06
Going-in cap
5.88%
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 |
|---|---|---|
| Prairie Coffee Roasters | 8,435 SF | 2028-08 |
| Prairie Coffee Roasters | 6,088 SF | 2028-08 |
Trade area within 3 miles of the property.
Population
116,808
Households
41,836
Median income
$85,500
Median age
43.1
Daytime population
164,893
5-yr growth
4.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2600 48 Avenue NE, 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.