Description

Jones Lang LaSalle Real Estate Services, Inc. ("JLL" or the "Advisor") is pleased to present an opportunity to acquire a single-tenant industrial facility located at 25 Aero Drive NE, Calgary, Alberta, with a long-term lease on an extended ground lease with the Calgary Airport Authority (the "Property").

The Property comprises 210,717 SF state-of-the-art industrial facility, including an 84,581 SF expansion that is connected to the existing 126,136 SF facility via two openings, with the ability to demise into two separate spaces. The Property is strategically situated on a 9.64-acre site within a key industrial node on Calgary International Airport lands, proximate to amenities, public transit, major highways, and key commercial markets within Western Canada.

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Attributes

Construction Year

2001 / 2026 (Expansion)

Building area net

19,576 sm

Clear height

10.67 m

Net Lease

Triple Net (NNN)

Media

Investment highlights

Stable cash flow from long-term tenants in a prime industrial hub
Positioned near major transport routes for optimal logistics operations
Above-market rents ensure strong income potential compared to Calgary benchmarks
High-quality facility built in 2001, reducing maintenance costs in the long term
Value-add opportunity with possible expansion on gross land area surrounding building