Freestanding BMO Investment Opportunity_Imóvel à venda

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

Freestanding BMO Investment Opportunity

Descrição do ativo

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.

...

Atributos

Número de edifícios

Área de terreno bruta

0,4 ha

Vagas de estacionamento

Área alugável

893 m²

Ano de construção

2000

Aluguel PSF

€ 40,06

Mídia

Destaques do investimento

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