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Munro Apartments 540-542 16 Av NE 62,000 SF of 4-Star Retail Space Available in Calgary, AB T2E 1K4



HIGHLIGHTS
- A major redevelopment
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
A major redevelopment to a legacy Calgary Co-op grocery store site along 16th Avenue NE Calgary. The redevelopment will see the demolition of the existing grocery store and the addition of a new mixed-use building featuring a 40,000 square foot grocery store and approximately 5,000 square feet of accompanying retail at grade with over 189 residential units above. The redevelopment will also facilitate further densification to the site with the addition of a car wash and another 15,000 square feet of commercial services. The project will be phased to ensure the existing grocery store is open until the new store is ready. ROYOP will be overseeing the entire project from conceptualization, financing, municipal approval, through to construction and leasing. Projected availability is August of 2027.
- Space is in Excellent Condition
- Over 189 residential units above.
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| - | 62,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Retail | Spec Suite | August 02, 2027 |
-
| Size |
| 62,000 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Retail |
| Condition |
| Spec Suite |
| Available |
| August 02, 2027 |
-
| Size | 62,000 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Retail |
| Condition | Spec Suite |
| Available | August 02, 2027 |
A major redevelopment to a legacy Calgary Co-op grocery store site along 16th Avenue NE Calgary. The redevelopment will see the demolition of the existing grocery store and the addition of a new mixed-use building featuring a 40,000 square foot grocery store and approximately 5,000 square feet of accompanying retail at grade with over 189 residential units above. The redevelopment will also facilitate further densification to the site with the addition of a car wash and another 15,000 square feet of commercial services. The project will be phased to ensure the existing grocery store is open until the new store is ready. ROYOP will be overseeing the entire project from conceptualization, financing, municipal approval, through to construction and leasing. Projected availability is August of 2027.
- Space is in Excellent Condition
- Over 189 residential units above.
PROPERTY FACTS
| Total Space Available | 62,000 SF | Apartment Style | Mid-Rise |
| No. Units | 189 | Building Size | 399,936 SF |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Construction Status | Under Construction |
| Total Space Available | 62,000 SF |
| No. Units | 189 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 399,936 SF |
| Year Built | 2026 |
| Construction Status | Under Construction |
ABOUT THE PROPERTY
A major redevelopment to a legacy Calgary Co-op grocery store site along 16th Avenue NE Calgary. The redevelopment will see the demolition of the existing grocery store and the addition of a new mixed-use building featuring a 40,000 square foot grocery store and approximately 5,000 square feet of accompanying retail at grade with over 189 residential units above. he redevelopment will also facilitate further densification to the site with the addition of a car wash and another 15,000 square feet of commercial services. The project will be phased to ensure the existing grocery store is open until the new store is ready. Royop will be overseeing the entire project from conceptualization, financing, municipal approval, through to construction and leasing. Anticipated Opening Date: 2027
NEARBY MAJOR RETAILERS
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Munro Apartments | 540-542 16 Av NE
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