Approximately 25 offices
Business Centre that has averaged more than 98% occupancy
100% occupancy for the past year
$130,000+ Net Operating Income (NOI)
7% cap rate = $1.86m
Niche inner city location in upscale neighbourhood
Property set to appreciate
Development going on in area, and Calgary's real estate market is forecast to appreciate in the coming year. Business has done well through the past few lean years.