Aircraft Hangars l Office Facility

Transcription

1 Aircraft Hangars l Office Facility 5438, Street NE l Calgary l Alberta FOR Property Features: RARE OPPORTUNITY to acquire a premier hangar facility with immediate access to Taxiway; Attractive pricing: below replacement costs; Property is located on the west side of airport/runway; Long term Land Lease in place with the Calgary Airport Authority (CAA); Lease Extension Option in place to extend to year 2052; Subject property occupies approximately the north 2/5 percent of the entire hangar complex; A two separate but contiguous hangars facility offers a nicely appointed departure lounge, as well as shop space and extensive office space; Easy ingress & egress to major arteries of north-south Deerfoot Trail and east-west McKnight Boulevard; Abundance of parking stalls: an adjacent gated parking lot plus parking stalls at the front of the building; A well maintained property; Excellent office finishing; Wing Tang [Associate - Investment Sales] Tel: (403) Cell: (403) wtang@royallepagecommercial.com Royal LePage Solutions - Commercial Division #205, 264 Midpark Way SE Calgary, AB T2X 1J6 Not intended to solicit any party under a relevant contract. The information above is derived from sources believed reliable; however, no warranties or representations are being made regarding such information, including the potential income, costs, or profits associated with a property. Interested parties should consult a qualified professional for investment, financial or tax advice. All offices are independently owned and operated, except those offices marked as Royal LePage Real Estate Services Ltd. Royal LePage is a registered trade-mark used under license Brookfield Real Estate Services Manager Limited

2 Aircraft Hangars l Office Facility 5438, Street NE l Calgary l Alberta

3 Aircraft Hangars l Office Facility FOR Property Particulars: Address Zoning / Use Year built 1979 Gross Land Area 5438, Street NE, Calgary Aviation Services District (for aviation & aviation related use) any purchase or leasing of the property shall be subject to the Calgary Airport Authority approval 3.34 acres Land Lease Expiry December 31, 2028 Subject property is under land lease agreement with the Calgary Airport Authority (CAA). Lease Extension Option Option to extend to June 29, 2052 Land Lease Payment $55, per annum (2017) 1% annual rent escalation Gross Bldg Area (sf) Hangar Main Fl. Office 2 nd Fl. Office Common Area Total Hangar 1: 8, , ,172 sf Hangar 2: 7, , ,733 sf H1 & H2 (2 nd floor): ,097-11,097 sf H1 & H2: ,190 1,190 sf Total: 39,192 sf Hangar Space (Hangars 1 & 2) Aprons Parking Possession Total Hangar Space: 15, sf Total Office/Lounge/Shop Space: 22, sf Total Common Area: 1, sf Total: 39,192sf Hangar Door Ceiling Dimensions Hangar 1: w78 x h x 89 6 Hangar 2: w66 x h x /- 120 feet Approx. 147 surface stalls (131 in the gated surface lot; 16 surface stalls at the front entrance of the building) Immediate possession/occupancy All numbers/dimensions/measurements indicated herein are by approximation only and shall be subject to verification. For Lease Lease Rate $19.50 psf/annum (land lease payment, property taxes, HVAC maintenance, building insurance included) Tenant to pay: utilities, snow removal, grounds & landscaping maintenance, leased premises upkeep, janitorial service, business tax, content/liability insurance and others as stated in the Lease. For Sale Sale Price $5,450,000 ($ psf)

4 Aircraft Hangars l Office Facility Main Floor Hangar Space measurements herein are by approximation only and shall be subject to verification. Hangar space: 8,118 sf Main floor office: 5,053 sf 13,171 sf Hangar space: 7,574 sf Main floor office: 6,159 sf 13,733 sf Departure Lounge Second Floor H1 & H2: Second floor office space: 11,097sf All numbers/dimensions/measurements indicated herein are by approximation only and shall be subject to verification.

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8 Aircraft Hangars l Office Facility FOR Location Map Subject Property