Newport Village is located at 9110 Macleod Trail South East in Calgary, Alberta.

Information

Size: 42,079 Sq ft
Year bought: 2005
Purchase Price: CAD12.37m, approximately USD 11.4m
Current status: still generating income for investors

Due to the current volatility of the USD & the increasing strength of the CAD, exchange rates may vary significantly. Please check with us for the latest rate.

Notes

• Multi-tenant strip plaza
• 42,079 Sq ft on 3.8 acres of land
• Well maintained, attractive strip plaza
• Located in Calgary’s largest commercial corridor
• High concentration of retail, office, entertainment and hospitality outlets including Pizza Hut, A&W & 7/11
• Excellent exposure with high vehicular traffic counts of 56,000 vehicles per day on Macleod Trail, 15,000 per day on Bonaventure Drive and 9,000 per day on 90th Avenue
• 100% occupancy with strong long term tenancy
• Lord Beaverbrook school nearby – largest school in Calgary

About Calgary

• Economy has grown by over 25% during the past 10 years
• Produces over CAD37 billion in goods and services annually
• National leader in employment growth, personal income per capita and personal income growth rate
• Continues to be one of Canada’s economic hot spots
• As Canada’s energy capital and Western Canada’s business capital, Calgary is now home to the second largest concentration of corporate head offices in the nation
• National leader in net inter-provincial migration