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  • For sale
Airways Business Plaza - #1
Airways Business Plaza - #2
Airways Business Plaza - #3
Airways Business Plaza - #4
Pursuant to a judicial listing, on behalf of the Vendor, Colliers Investment Division is pleased to present for sale Airways Business Plaza (the “Property”), located at 1935 - 32nd Avenue NE, Calgary, Alberta. This suburban office property has a strong retail component and is centrally located on the 32nd Avenue NE corridor, 12 minutes away from the Downtown core and 12 minutes from the Calgary International Airport via Deerfoot Trail. The property is comprised of a two storey commercial building, totaling 66,914 square feet in area. The Property is currently 71% occupied at current market rents.

At an average suite size of approximately 1,300 square feet, the property appeals to an active market of smaller tenants who value a highly accessible suburban location in an established commercial node with an appealing selection of service amenities in the area. These tenants tend to focus upon gross rental costs, which will afford the investor with the potential to realize a relative rental premium on smaller suites, offering the investor a strong degree of cash flow stability throughout the holding period. The property also features competitive operating costs, allowing for income growth upon lease rollovers and amortized recoveries of future capital projects.
Area Size
Airways Business Plaza 66,914 SF