Own a piece of the up-and-coming retail market, near Chinook mall!

[CalgaryExpert]

Glenmore and Centre - Retail Real Estate Investment Opportunity

Take advantage of the lack of retail space and rising lease rates in Calgary. This is a secure and low risk investment.

Some of the project advantages are:

- 10 min. walking distance to the second busiest mall in Canada. Mall is visible from busy Glenmore Trail.
- Property is fully renovated and there is no capital expenditure required for the next 4 years.
- Premises are fully leased for the next 4 years.
- Strong national and regional tenants. TD Bank, X/S Cargo and Cricklewood Interiors.
- Current lease rates are below market value, extraordinary opportunity to increase yearly revenue.
- Calgary has a low supply and high demand for retail space - current vaccancy rate is 1.9%. Normal is 10%
- 8% cash flow on investment along with shared profits after year 4.
- Low risk - Revenue stream is secured through head lease.
- RSP eligible

Full information package available.

Tim Mangat
Investment Consultant
Kensington Asset Management
Suite 910, 906-12th Ave S.W.
Calgary, AB T2R 1K7
Phone: 403.802.5898
Direct: 403-383-3230
Fax: 403-228-0392
[email protected]
www.KensigntonAM.com