NOW AVAILABLE FOR IMMEDIATE OCCUPANCY! FOR SALE PREMIER INDUSTRIAL CONDOMINIUMS IN SOUTHEAST CALGARY Avenue SE, Calgary, Alberta
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1 NOW AVAILABLE FOR IMMEDIATE OCCUPANCY! FOR SALE PREMIER INDUSTRIAL CONDOMINIUMS IN SOUTHEAST CALGARY Avenue SE, Calgary, Alberta
2 OPPORTUNITY Ironside Business Centre presents a unique opportunity to acquire newly constructed, state-of-the-art industrial condominium bays ranging from 12,333 square feet to 15,460 square feet which can be combined to accommodate up to 93,296 total square feet. SPECIFICATIONS District: Zoning: Site Size: Bay Size: Ceiling: Power: Sprinkler: Loading: Lighting: Starfield Industrial Park I-G (Industrial General) 4.30 acres From 12,333 sf to 93,296 sf 26 clear 200 amp service per bay at 347/600 volts ESFR fire protection 2 dock doors and 1 grade door per bay LED Premium quality pre cast concrete construction Green initiatives construction Custom designed office layout can be provided 2nd floor structural steel mezzanine deck included in base building 120/208 volt transformer included for office Skylights and ceiling fans in warehouse space Gas fired forced air heaters in warehouse Various bay sizes available Outstanding SE location with quick access to Stoney Trail East Freeway via Peigan Trail and Glenmore Trail
3 PEIGAN TRAIL SE N 50 AVENUE SE 61 AVE SE 68 STREET SE STONEY TRAIL SE 72 AVENUE SE BARLOW TRAIL SE 52 STREET SE GLENMORE TRAIL SE Ironside Retail & Restaurant Hubs Transit Stops OUTSTANDING SOUTHEAST LOCATION Located on 61st Avenue SE just East of 52nd Street, Ironside Business Centre is a well-positioned asset for potential owners. With close proximity to Barlow Trail SE, Stoney Trail SE via Peigan Trail and Glenmore Trail this location provides quick access to local and regional transportation routes.
4 SITE PLAN* ELECTRICAL PMT 86.58' 12'X12' AMENITY AREA COVERED MAILBOX BICYCLE STORAGE TYPICAL N A 1,753 sq.ft. ± 1,581 sq.ft. ± IRONSIDE BUSINESS CENTRE FOOTPRINT: 83,003 sq.ft. ± 1,753 sq.ft. ± 63.25' 50.00' 50.00' 55.00' 50.00' 50.00' 63.50' MECHANICAL & FIRE PUMP ROOM 364 sq.ft. ± ELECTRICAL ROOM 225 sq.ft. ± ' BUILDING UNIT UNIT UNIT UNIT UNIT UNIT UNIT 13,707 sq.ft. 11,976 sq.ft. 13,167 sq.ft. (12 STALLS) (10 STALLS) (10 STALLS) (11 STALLS) (10 STALLS) (10 STALLS) NOT INCLUDING MECH. & FIRE PUMP ROOM AND ELECTRICAL ROOM (12 STALLS) H ' 24.36' ' BUILDING 26.85' *The upper floors have been designed as open Mezzanines for use as Open Office area in accordance with the 2014 Alberta Building 1Code for the requirements of a single exit only. Any changes to the Use, construction, or furniture layout 10 could potentially impact code compliance and may require a second separate exit from the upper mezzanine level. DEVELOPER: RKETING PLAN N.T.S. FEB PRICING LIST Unit Main Floor SF 2nd Floor SF Total SF Dock Doors Grade Doors Sale Price** Price PSF** ,707 1,753 15, $2,705,500 $ ,891 1,442 12, $2,096,610 $ ,891 1,442 12, $2,096,610 $ ,976 1,581 13, $2,304,690 $ ,891 1,442 12, $2,096,610 $ ,891 1,442 12, $2,069,610 $ ,167 1,753 14, $2,611,000 $175 **Beedie is offering a reduced sale price during construction; pricing is expected to increase closer to construction completion GILMORE DV TEL: (604)
5 Build Equity, Fewer Fees Greater Certainty, Predictability, Stability Increased Tax Benefit, Value Appreciation BENEFITS OF OWNING VS. LEASING Owning Total Unit Size (SF) 12,333 Base Price per SF $170 Total Base Price $2,096,610 Improvements (est. 10% buildout) $147,996 Total Investment Cost $2,244,606 Down Payment (25%) $561,152 Mortgage Amount $1,683,455 Interest Rate 4.00% Amortization Period Mortgage Expense (10 year snapshot) 25 years Interest $579,026 Principal $483,611 Total $1,062,637 Total per SF $8.62 Remaining Mortgage Balance $1,199,844 Equity Gain $483,611 Total Savings vs. Leasing $170,663 Net Benefit to Owning $654,274 Leasing Total Unit Size (SF) 12,333 Improvements (est. 10% buildout) $147,996 Net Lease Rate per SF (incl. 10% buildout) $10.00 Monthly Net Rent $10,278 Annual Net Rent $123,330 Initial Lease Term Lease Expense (10 year snapshot) 10 Years Monthly Net Rent $10,278 Annual Net Rent $123,330 Total $1,233,300 Total per SF $10.00 Equity in Investment $0 Total Savings vs. Owning $0 *Does not include capital appreciation. Mortgage calculation based on 25% down payment, 4.00% interest rate, and 25 year amortization.
6 IRONSIDE BUSINESS CENTRE TEAM Beedie Established in 1954, Beedie is the largest private industrial landlord and developer in Western Canada, having completed over 21 million square feet of new construction throughout Metro Vancouver and Alberta. From state-of-the-art distribution facilities and modern condo/strata projects, to a federally rated dairy plant and a jet turbine repair facility, Beedie has a wide range of experience in virtually every project type. The experience of our development and construction teams provides our clients with unparalleled insight and advice which often leads to operational efficiencies and overall cost savings for our purchasers and tenants. A commitment to providing value and quality, coupled with integrity, innovation and vision have defined the Beedie name since its inception. Avison Young Avison Young has an integrated approach to commercial real estate which engages deep expertise from a broad range of professionals to deliver intelligent, best-in-class solutions that build competitive advantage for your enterprise. As a fully integrated brokerage specializing in sales and leasing in the retail, office, industrial and investment sectors, they provide extensive local market knowledge through some of the most experienced agents in the city. dforce Design Inc dforce Design Inc. provides building design consulting services to developers and contractors in the light industrial segment of development and construction across British Columbia and Alberta. In association with the appropriate professionals, dforce Design has worked with Beedie Development Group on a large number of projects including award winning buildings such as Brewer s Distributors Warehouse in Port Coquitlam and Kruger Paper Warehouse in New Westminster.
7 Ironside Business Centre Avenue SE, Calgary, Alberta For more information or to view, please contact: Sean Day, Vice President Kent Bacon, Principal Tyler Wellwood, Vice President , Avison Young Real Estate Alberta Inc. All rights reserved. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
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