An Industrial/Commercial Redevelopment
There is an investment opportunity to capture value by capitalizing on the current economic conditions of low construction costs, low vacancy rates in the small industrial bay market, and urban growth. This highest and best use redevelopment of the former Hub Oil site will assist in the revitalization of International Avenue while protecting human health and the environment.
This is a mixed use project of 73,800sf on 4.08 acres, which will include:
The land is located at 5805 17 Avenue Southeast, Calgary, Alberta, Canada. Seventeenth Avenue Southeast has been remained International Avenue and offers several beneficial features:
For long-term investors, there is significant appreciation in value combined with stable cash flow. Factors which are driving land value appreciation include: