Freestanding BMO Investment Opportunity_Actifs en vente

101 Crowfoot Way Northwest, Calgary, AB, T3G 2R2, CA

Freestanding BMO Investment Opportunity

Description de l'actif

Jones Lang LaSalle Real Estate Services, Inc. ("JLL" and/or the "Advisor") has been exclusively retained by Otis Properties (the “Vendor”) to present an opportunity to acquire a single-tenanted, freestanding building, featuring a drive-thru, located in 101 Crowfoot Way NW, Calgary AB (the “Property” or “Offering”).

Situated in the Crowfoot Crossing Power Centre, Calgary’s busiest northwest shopping destination, the Offering presents a rare opportunity to invest in a high-traffic retail hub historically tightly held by institutional owners.

The Property is 100% occupied by BMO Financial Group (Ticker: BMO; exchanges: TSX, NYSE), one of Canada's "Big Five" banks. BMO Offers financial services, including personal and commercial banking, wealth management, and investment banking. BMO currently has a market capitalization of C$102 billion and 2024 revenue of C$58 billion. BMO operates its BMO Bank and BMO Nesbitt Burns subsidiaries out of the Property servicing Calgary’s Northwest communities for over 20 years.

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Caractéristiques de l'actif

Nombre d'immeubles

Taille du terrain Brut

0,4 hectare

Places de parking

Surface locative

893 m²

Année de construction

2000

Loyer PSF

40,05 €

Média

Points clés d'investissement

Investment Grade Credit Tenant - BMO’s credit rating from Standard & Poor’s (S&P) is A+
Attractive Assumable Debt - Co-terminus debt facility with a fixed interest rate of 2.50% per annum
Absolute NNN Lease - Minimal landlord responsibilities
Excellent Visibility - Situated on 0.9 acres with prominent exposure to Crowfoot Way NW
Secure Tenancy - Purpose built for BMO. BMP paid 2024 capital improvements of ~$1.5M
Strong Demographics - Over 276,853 residents live within an 8 km radius. Average household income for this trade area is $146,609
Drive Thru Lanes - Two drive-thru ATM lanes with all-turn access off Crowfoot Way NW
Dominant Retail Node - Located in one of the strongest retail nodes in the city of Calgary. Retail sales and rental rates in this area are among the highest in the City