Wednesday, December 1, 2010

fully leased multi tenant office building in Calgary; $ 1, 295,000; cap rate not given

multi tenant office building in Calgary

120 & 122
16th Avenue NE
calgary, alberta

• Excellent access to Centre Street
and the Downtown Core
• Close proximity to retail
• Surface parking in the rear
(8 stalls)
• Recent roof replacement
• Recent tenant improvements and
new tenancies in the last few
months
• Some space available for an
owner/user
• Fully leased NOI approximately
$100,000
• O/C approximately $7.20 psf
• New boilers

CB Richard Ellis Alberta Limited | 530 - 8th Avenue SW | Suite 500 | Calgary, AB T2P 3S8 | T 403.263.4444| F 403.269.4202 | www.cbre.ca

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