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Class a industrial & commercial condos FOR SALE Page 2 Ideal Location Page 3 Premium Quality Page 4 Site Plan Page 6 Own vs Lease NORTHEAST CALGARY
Class a industrial & commercial condos FOR SALE
Page 2 Ideal LocationPage 3 Premium QualityPage 4 Site PlanPage 6 Own vs Lease
NORTHEAST CALGARY
Ideally LOCATed. Easy access to everywhere.NorthWing Business Park is situated in Calgary’s burgeoning Northeast neighbourhood on a high-visibility site fronting both McKnight Blvd and Metis Trail. It’s close to key transportation routes, including Deerfoot Trail and the Calgary Ring Road, offers convenient access to Calgary’s International Airport, and is next door to the McKnight LRT station.
Established and Accessible
NorthWing Business Park has a range of major-league neighbours. Walmart, Shaw, ATB Financial and Calgary Police Services have all chosen the area around NorthWing for important new business parks and office campuses. For employees and businesses, the NorthWing location is unbeatable:
• NorthWing is at the major intersection of McKnight Blvd and Metis Trail
• Minutes to Calgary International Airport. Easy access to future airport tunnel
• 1.2 km to McKnight/Westwinds LRT station
• 1.5 km to McKnight Village, with a range of shops, restaurants and services
• Silverwing Golf Course and driving range nearby
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Ideally LOCATed. Easy access to everywhere.
NorthWing buildings are Class A Commercial Space built with structural steel framing, insulated concrete walls, high-efficiency glass, sprinklers throughout, natural light and LEED-grade T5 lighting.
Standard-Setting Commercial Space
Thoughtfully designed for function and flexibility, the units offer oversized doors, generous loading areas and ample parking, and allow owners to combine multiple units and construct mezzanines. It’s easy to enter and leave NorthWing, easy to manoeuvre trucks in the generous loading area, and easy for your customers and employees to park their cars.
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class a industrial & commercial space. first-rate flexibility.
ARTISTS’ RENDERING
Northwing site plan
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floorplans AVAILABLE, visit northwingPark.com SOLD Conditionally Sold
northwing FEATURESSite• District: Westwinds• Zoning: DC103Z94 flexible zoning. Zoning
allows for general light industrial and commercial uses including: warehousing, distribution, manufacturing, ancillary commercial, athletic, recreational, laboratories and entertainment establishments
• Landscaping with irrigation system• 2.5" - 4" asphalt paving• Fully serviced with sanitary, water, storm
system, gas and electrical• Easy access to loading doors with generous
marshalling area• Ample car parking• Telus ( with fibre capability) and Shaw (Coax
network only) high speed internet available to the site
Green Features• Low-E sealed unit glazing• High efficiency T5 fluorescent lighting to
provide 30 foot candles• 4’ x 8’ double domed, acrylic skylights to provide
additional natural light (Building 3000 only)
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Building Specific Features
Building 2000• 100 Amp, 600 Volt, 3 Phase power (per unit)• 1 – 12’ x 14’ drive in door (per unit)• ESFR sprinklers• 24’ clear ceiling heights
Building 3000• 200 Amp, 600 Volt, 3 Phase power (per unit)• 2 – 8’ x 10’ dock doors with 40,000lb dock
levellers (per unit)• 1 – 12’ x 14’ drive in door (per unit)• ESFR sprinklers• 28’ clear ceiling heights
Building• Insulated precast concrete and structural steel
construction• Concrete slab-on-grade designed for 500
psf loads• EPDM roof system• Storefront glazing on ground and second
floor levels• Dock and drive-in loading• Gas fired unit heaters• Fully sprinklered• Rough-in plumbing for future washrooms
at the front and rear of the building
BUILDING 3000
UNIT
SQUARE FEET
PRICE
PSF
1
13,070
$2,679,350
$205
2
12,724
$2,353,940
$185
3
11,882
$2,198,170
$185
4
11,944
$2,209,640
$185
5
11,312
$2,092,720
$185
6
10,720
$1,983,200
$185
7
11,039
$2,262,995
$205
BUILDING 2000
UNIT
SQUARE FEET
PRICE
PSF
2
2,119
$423,800
$200
3
2,151
$430,200
$200
4, 8-10, 14-15
2,220
$444,000
$200
5, 7, 11, 13
2,223
$444,600
$200
12
2,244
$448,800
$200
17
2,227
$489,940
$220
BUILDING 3000UNIT
SQUARE FEET
PRICE PER SQ. FT.
PRICE
1
13,078
$195
$2,550,210
2
12,700
$185
$2,349,500
3
11,873
$185
$2,196,505
4
11,926
$185
$2,206,310
5
11,032
$185
$2,090,870
6
10,720
$185
$1,983,200
7
11,033
195
$2,151,435
1
2,372
$521,840
$220
16
2,222
$444,400
$200
SOLD
SOLD
SOLD
SOLD
NOW UNDER CONSTRUCTION
SOLD
NOW UNDER CONSTRUCTION
SOLD
SOLD Conditionally Sold
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
own VS LEASEIt’s a positive step from leasing to ownership of commercial space and there’s a strong business case to do so. Compare your options.
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For purchase details, visit northwingpark.com
* Mortgage based on 4.5% interest rate, 25 years amortization and 25% down payment. Actual mortgage payments will be dependent on qualification of buyer OAC. Equity built assumes 3% annual appreciation and pay down of principal. Interest only calculations based on average monthly interest paid over 10 years. All information provided by this table is for information purposes only and no reliance should be placed on this information for any possible legal purpose or any circumstance where loss or damage could arise as a result of reliance on this information.
LEASING SCENARIO
TOTAL SQUARE FEET
LEASE TERM
ANNUAL RATE (PER SQ. FT.)
ANNUAL LEASE COST
SMALL BAY LARGE BAY
2,217
10 YEAR
$12.00
$26,604
11,000
10 YEAR
$9.75
$107,250
OWNING SCENARIO SMALL BAY LARGE BAY
TOTAL SQUARE FEET
PRICE PER SQ. FT.
PURCHASE PRICE
DOWN PAYMENT
MORTGAGE AMOUNT
MONTHLY MORTGAGE COST(INTEREST ONLY)
ANNUAL MORTGAGE COST(INTEREST ONLY)
MORTGAGE COST PER SQ. FT.(INTEREST ONLY)
2,217
$200
$443,400
$110,850
$332,550
$1,080
$12,960
$6.62
11,000
$185
$2,035,000
$508,750
$1,526,250
$4,956
$59,472
$6.12
NET SAVINGS ON OWN VS. LEASE (10YR)
EQUITY BUILT DURING OWNERSHIP (10YR)
EQUITY BUILT DURING LEASING (10 YR)
$136,440
$224,300
$0
$477,780
$1,029,431
$0
* Mortgage based on 4.5% interest rate, 25 years amortization and 25% down payment. Actual mortgage payments will be dependent on qualification of buyer OAC. Equity built assumes 3% annual appreciation and pay down of principal.
All information provided by this table is for information purposes only and no reliance should be placed on this information for any possible legal purpose or any circumstance where loss or damage could arise as a result of reliance on this information.
NorthWing Business Park Own vs Lease Analysis
TOPICS
GROWING EQUITY
RENTAL HIKES
MANAGEMENT FEES
TAX BREAKS
IMPROVING SPACE
LONG TERM BENEFIT
LEASEOWN
As you pay down your principle and your property appreciates, your equity builds.
Stable mortgage rates reduce uncertainty
As part of a team of cost-conscious owners, you have your say on the condo board
Depreciate your unit from its full value annually and write off operating and mortgage interest expenses
Money spent and mezzanine build out increases unit value
Unit is an investment that can be rented to a third party or sold with business
Renting brings no economic benefit
The market and landlords decide for you
Your lease and management company determine operating costs and will change management fees
Write off your lease as a business expense
Improvements benefit landlord and may raise renewal rate
No economic benefit to you
Competitive financing options are available through our financial partners, call us for details.
a Winning team
Hungerford Properties
Hungerford Properties is an award-winning real estate investment, management and development firm in Western Canada with over 30 years of experience building and refurbishing millions of square feet of commercial space. Recent Hungerford Properties commercial developments include a state-of-the-art seafood processing facility for Gordon Food Service, construction of build-to-suit spaces for LB Foster, and refurbishment of offices and facilities for major retailers such as Best Buy and Mountain Equipment Co-op.
Colliers International
Colliers, the dynamic, service-oriented, award-winning leader in real estate worldwide, has been retained to market NorthWing. Colliers is Canada’s largest commercial real estate services company and its 12,000 professionals worldwide provide a full range of services to real estate developers, investors and to those who occupy buildings.
Gibbs Gage Architects
Gibbs Gage is one of Western Canada’s largest and most prolific architectural firms. Gibbs Gage is the award-winning firm behind a range of commercial buildings and industrial park spaces, including the IBM Park, Canals and East Lake.
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Hungerford carefully chooses the best teams to build, sell and manage properties, holding them up to our own exacting standards. The group assembled for NorthWing brings decades of experience to each aspect of the job, your assurance of the best quality product and the best service possible, now and in the long run.
Chandos
Chandos is a leading Canadian builder, established over thirty years ago. They treat their business as a service business, which is fueled by relationships with long-term, repeat clients. Repeat clients such as Costco, Target, Earls and University of Alberta. They focus on the customer, not the types of projects and for that reason they have a wide breadth of experience in their portfolio. Their founders wanted to be different so they named the company after their favourite vacation spot, Lake Chandos. Why? Because they wanted the organization to live-on long after they were gone. Today, they’re 100% employee owned, are on their second generation of management, and their third generation of owners.
C-Era Property Management & Realty
The property will be managed by C-Era, a Calgary team experienced in long-term commercial and residential management services and reputed for friendliness and fairness. C-Era of Calgary is owned by Associa of Dallas, Texas, the largest property management company in North America. For the past 13 years, C-Era has brought its professional, comprehensive and forward-thinking management style to a wide range of commercial properties in Calgary and the region.
Michael Massing Direct 403 298 0404Mobile 403 669 6028 Email [email protected]
Evan trumanDirect 403 215 7252Mobile 403 689 3826 Email [email protected]
Dilesh Sidhpura*Direct 403 265 8887Mobile 403 852 2212 Email [email protected]
Call today
* Co-Broker with Sather Real Estate
Prices are subject to change without notice. Renderings are an artist's interpretation only. This is not an offering for sale, any such offering must be made by disclosure statement. E&OE
The opportunity is Now. The place is NorthWing.The time to make the move to ownership is now. Class A space is unbeatable. Interest rates are at historic lows.The location is central to your business.
Now’s the time for NorthWing.
NorthWing Business Park3961 52nd Avenue NE, Calgary, AB
northwingpark.com
The opportunity is Now. The place is NorthWing.The opportunity is Now. The place is NorthWing.The time to make the move to ownership is now. Class A space is unbeatable. Interest rates are at historic lows.The location is central to your business.
Now’s the time for NorthWing.
NorthWing Business Park3961 52nd Avenue NE, Calgary, AB
northwingpark.com
