* Amounts are estimates only. Final payment amounts may vary.
Description
Downtown West End Development Site (the "Site") represents an
exceptional opportunity to acquire a 100% freehold interest in a 37,028
square feet ("SF") of development land in the Downtown West End
neighbourhood of Calgary, Alberta.
The Site has an approved land designation with the potential to develop
up to 260,000 SF of residential, commercial, and mixed-use density.
A portion of the Site is currently occupied and leased to a strong covenant: Enterprise Rent-A-Car, which will provide purchasers with reliable
holding income.
The Site benefits from superior frontage and exposure to 9 Avenue SW
and major arterial roadways. The Site occupies a prominent position in
downtown Calgary, as its location offers superb access to everything
the downtown core has to offer, including world class restaurants, shopping centres, hotels, numerous public transportation options, high rise
apartment towers, the Central Business District, as well as Bow River
and the regional pathway network.