FOR SALE SUBJECT PROPERTY
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- Diane Horton
- 6 years ago
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1 FOR SALE Sirra Springs Land - Airdri, Albrta 5.00 acrs of dvlopmnt land in an stablishd dstination rtail corridor with land us in plac allowing for mixd us, hotl, offic, apartmnt and rtail dvlopmnt ary alg To C H IG H HW ay w h ig AY E th Main St rra Si rt Sou s ng ri Sp S iv Dr Yank Vally Major Fashion Rtailr Pnding SUBJECT PROPERTY Blvd. Partnrship. Prformanc. Kvin Morgans, CCIM, Vic Prsidnt kvin.morgans@avisonyoung.com Walsh Mannas, Vic Prsidnt walsh.mannas@avisonyoung.com Ryan Swlin, Vic Prsidnt ryan.swlin@avisonyoung.com athan Drury, Associat nathan.drury@avisonyoung.com 017 Avison Young Ral Estat Albrta Inc. All rights rsrvd. E. & O.E.: Th information containd hrin was obtaind from sourcs which w dm rliabl and, whil thought to b corrct, is not guarantd by Avison Young.
2 PROPERTY IFORMATIO Plan Block 1 Lot 3 Excpting throut all mins and minrals Sit Siz 5.00 acrs Land Us Rgional Commrcial District (C-3) 017 Assssd Valu $3,99,000 ± 400 ft. Lgal Dscription Vtrans Blvd. 8 Strt Yank Vally Blvd. (31,918 vpd) Maximum Building Covrag 60% of sit ara Minimum Landscaping 10% of sit ara Maximum FAR Mixd Us, Hotls, Offic and Apartmnts All othr buildings -.40 Mixd Us, Hotls, Offics and Apartmnts - 6 Storys All othr buildings - 4 Storys Sirra Springs Maximum Building Hight* *Subjct to cavat rlaxation Subjct Proprty Highway (84,500 vpd) 0.0 Minimum FAR 017, Avison Young Ral Estat Albrta Inc. All rights rsrvd. SW USE RESTRICTIO Walmart Suprcntr and othr big box rtailrs provid rgional draw to th ara yt also impos us rstrictions for th subjct proprty. A dtaild list of availabl uss is availabl upon rqust. LAD USE Rgional Commrcial District (C-3) Th purpos of this district is to accommodat rtail and commrcial uss, including larg format rtail, that provid a rang of commrcial goods and srvics that srv a City-wid and rgional markt. Dvlopmnt in this district is intndd to b comprhnsivly dsignd and intrfac wll with th surrounding community, supporting pdstrian and transit accss Main Strt South, Airdri, AB ± 545 ft. Municipal Addrss
3 SIERRA SPRIGS Sirra Springs Shopping Cntr, dvlopd by Hopwll Dvlopmnt, is a 43acr sit idally locatd in Airdri, Albrta on Yank Vally Boulvard (31,918 vhicls pr day), and Highway (84,500 vhicls pr day), which is th main corridor btwn Calgary and Edmonton. Onc fully built out, th dvlopmnt will b ovr 400,000 squar ft of commrcial/rtail spac. This sit srvics th City of Airdri, as wll as th communitis in th north of Calgary, including Harvst Hills, Covntry Hills, Panorama Hills, and Evanston, and scondary communitis forming Rocky Viw County. As th largst rtail nod in Airdri, Sirra Springs Shopping Cntr faturs a strong tnant mix, including national big-box rtailrs such as Walmart Suprcntr, Th Hom Dpot, Co-op, and Rona. Othr notabl tnants in th shopping cntr includ Michal s, London Drugs, Dollarama and Visions Elctronics. Walmart Suprcntr and Hom Dpot anchord rgional shopping cntr Ovr 400,000 sf of rtail spac on 43 acrs at full build out Sirr a Spr ings SUBJECT PROPERTY Main Strt South Full Srvic Rstaurants Pnding Major Fashion Rtailr Pnding 017, Avison Young Ral Estat Albrta Inc. All rights rsrvd. Dr. SE Dirct xposur from Highway with traffic counts in xcss of 84,500 vhicls pr day High way HI GH WAY
4 LOCATIO OVERVIEW Highway (84,500 vpd) Highway ity bil dor i s Vi orri C uth t So Str Main HIGH WAY Strt lvl viw Sirra Springs Shopping Cntr Visibility from Highway Subjct Proprty (84,500 vhicls pr day) in Str S ra r Si t S. Ma H IG lvd. g in pr B ally V k.s Dr Yan E Main y Blvd. Yank Vall Accss off of Highway via Yank Vally Blvd. 017, Avison Young Ral Estat Albrta Inc. All rights rsrvd. HW Str t South AY High way
5 Yank Vally Blvd. Subjct Proprty Th City of Airdri is locatd north of Calgary within th Calgary Edmonton Corridor at th intrsction of Qun Elizabth II Highway (Highway ) and Highway 567. Airdri is also part of th Calgary cnsus mtropolitan ara and a mmbr community of th Calgary Rgional Partnrship (CRP) and is only 15 minuts from th Calgary Intrnational Airport and 30 minuts from Downtown Calgary. Airdri continus to b on of th fastst growing citis in Canada with a primary trad ara of ovr 67,000 popl. According to Cnsus Canada, Airdri has sn an annual avrag growth of 8.08% ovr th past 5 yars, which includs a young population, with 86% of rsidnts bing undr ag 50, and 1/3 of th population btwn th ags of Airdri is hom to many outdoor fstivals and vnts inlcuding th annual Airdri Fstival of Lights in th Christmas sason, th Canada Day Parad and th Airdri Pro Rodo. Highway Stony Trail W orthwst Calgary QE Highway Cross Iron Mills Mall Calgary YYC Airport TRADE AREA DEMOGRAPHICS PRIMARY TRADE AREA 67, POPULATIO SECODARY TRADE AREA 08, POPULATIO AIRDRIE MARKET TRADE AREA 1,381,893 WITHI A 60KM RADIUS II YAKEE VALLEY BLVD 84,500 VPD 31,981 VPD PROJECTED GROWTH 85, POPULATIO PROJECTED GROWTH 110, POPULATIO TOTAL AIRDRIE POPULATIO HAS GROW O AVERAGE BY OVER 8% AUALLY OVER THE PAST 5 YEARS OVER 35% OF RESIDETS ARE BETWEE THE AGES 5-44, AD OVER 80% UDER AGE 50
6 OFFERIG ITEREST Avison Young has bn rtaind by Sirra Springs Shopping Cntr Ltd. on an xclusiv basis to arrang for th offring and sal of a 100% frhold intrst in th subjct proprty. Th subjct proprty is bing offrd for sal on an unpricd basis. Plas contact th listing agnts blow for information on pricing guidanc and th offring procss. Municipal Addrss: Main Strt South Airdri, Albrta Lgal Dscription: Plan Block 1 Lots 3 Excpting throut all mins and minrals Subjct Proprty Vndor: Sirra Springs Shopping Cntr Ltd. Assssmnt (017): $3,99,000 Estimatd Tax Lvy (017): $46,64.00 Visibility Corridor Main Strt South Land Us Bylaw: C-3 Rgional Commrcial District Dtaild information has bn assmbld by Avison Young and is availabl to prospctiv purchasrs. Accss to additional information will b availabl in a scur onlin data room upon rcipt of an xcutd Confidntiality Agrmnt, and is providd to prospctiv ntitis/intrstd partis to assist in valuating th offring. Click to download Confidntialty Agrmnt Sirra Spring Dr. SE Highway Yank Vally Blvd. Kvin Morgans, CCIM, Vic Prsidnt kvin.morgans@avisonyoung.com Walsh Mannas, Vic Prsidnt walsh.mannas@avisonyoung.com Ryan Swlin, Vic Prsidnt ryan.swlin@avisonyoung.com athan Drury, Associat nathan.drury@avisonyoung.com 017 Avison Young Ral Estat Albrta Inc. All rights rsrvd. E. & O.E.: Th information containd hrin was obtaind from sourcs which w dm rliabl and, whil thought to b corrct, is not guarantd by Avison Young.
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