25 Aero Dr NE
Calgary, AB T2E 8Z9
Industrial Property For Sale

Jones Lang LaSalle Real Estate Services, Inc. ("JLL" or the "Advisor") is pleased to present an opportunity to acquire a single-tenant industrial facility located at 25 Aero Drive NE, Calgary, Alberta, with a long-term lease on an extended ground lease with the Calgary Airport Authority (the "Property"). The Property comprises 210,717 square feet ("SF") of modern distribution and warehousing space, including an 84,581 SF expansion that is connected to the existing 126,136 SF facility via two openings, with the ability to demise into two separate spaces. The Property is strategically situated on a 9.64-acre site within a key industrial node on Calgary International Airport lands, proximate to amenities, public transit, major highways, and key commercial markets within Western Canada. With generous site area, 35-foot clear height, 23 dock doors, 3 drive-in doors, and modern building systems including ESFR sprinkler protection, the Property is exceptionally well-suited for distribution of goods and e-commerce fulfillment throughout the prairie provinces. The Property is fully leased to Staples Canada ULC ("Staples" or the "Tenant"), Canada's leading office products retailer, for a 15-year total lease term with four additional five-year options to renew, on an absolute triple net basis, offering prospective buyers a passive income stream over a long term investment horizon with extraordinary ground lease control extending through 2072.