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Calgary’s 2.8-acre Herc Rentals site sells for $4.1 million

Single tenant had leased the high-profile, dual-access industrial site, which includes a 15,317-square-foot building, since 1989.
116 Meridian RD se calgary

Property type: Industrial

Location: 116 Meridian Road, SE. Calgary

Number of units: 1

Size of property: 15,317 square feet

Land size: 123,710 square feet

Land size in acres: 2.84 acres

Zoning: I-G (Industrial general)

List price: $4.2 million

Sale price: $4.1 million

Date of sale: March 4, 2021

Brokerage: Avison Young, Edmonton

Brokers: Nathan Drury, Reed Newnham and James Robertson