1707 94 St NW, Edmonton, AB, T6N 1E6, CA

CSA Building

Description

JLL Capital Markets presents an exceptional investment opportunity to acquire the CSA Group Building, a 23,066 SF office and laboratory facility located in Edmonton's Research Park.

• Address: 1707 94 St NW, Edmonton, Alberta • Building Size: 23,066 SF total (16,016 SF main building + 7,050 SF annex)

• Site Area: 1.77 acres with 69 surface parking stalls • Occupancy: 100% vacant - unencumbered repositioning opportunity • Offering: The CSA Group Building is being offered to the market as-is, where-is on

an unpriced basis. Offers will be reviewed as they are received. The vendor reserves the right to set a bid date at a later time.

The vacant building offers investors maximum flexibility to optimize, convert, or rework space without lease constraints. Qualified parties will be provided access to the Property's data room upon execution of a confidentiality agreement. Contact the transaction advisors for further information.

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Caractéristiques de l'actif

Surface de l'actif Net

2 143 m²

Année de construction

1984

Taille du terrain Brut

0,72 hectare

Portes au niveau du sol

Zone d'activité

Business Employment (BE)

Places de parking

Média

Points clés d'investissement

• Below Replacement Cost: Acquire well-positioned 23,066 SF Research Park asset significantly below today's construction costs with unencumbered optimization potential

• Strategic Location: Excellent connectivity via Calgary Trail, 91st Street, 23rd Avenue & Anthony Henday Drive near South Edmonton Common enhances accessibility with minimal traffic congestion

• Market Timing: Capitalize on Edmonton office market reemergence with dropping suburban vacancy rates and reduced core sublease inventory

• Flexible Asset: Specialized office and laboratory space in prime Research Park location provides multiple repositioning strategies for today's market demands

• Value-Add Potential: Vacant freehold interest allows complete optimization without lease encumbrances and secure new mortgage financing at competitive rates