STREETFRONT URBAN RETAIL. Queen Street West. FOR SALE - A marquee streetfront property. on the best section of Queen Street West

Transcription

1 Queen Street West TFRONT URBAN RTAIL FOR SAL - A marquee streetfront property on the best section of Queen Street West CBR Limited, Real state Brokerage 145 King Street West, 1100 Toronto

2 Queen Street West INVSTMNT HIGHLIGHTS Situated on the north side of Toronto s Queen Street West Corridor Good frontage, right sized and ideal for investors/users due to vacant possession Opportunity to leverage significant leasing momentum along the Queen West Corridor Upside through development or additions to existing structure Downtown West is among the most active office leasing markets with the lowest vacancy rate in North America Surrounded by Toronto s most desirable and intensifying trade area

3 TH PROPRTY An unparallelled investment opportunity situated at the heart of Toronto s Queen Street West neighbourhood Queen Street West is positioned in one of the city s most renowned locations on the north side of Queen Street West between Soho and Spadina. The site is approximately 4,850 sq. ft. of land and is improved with a 3,057 sq. ft. three storey retail building, boasting approximately 27.5 feet of frontage. SURVY FLOOR PLANS

4 QUN T OVRVIW Often compared to New York s Soho, this section of Queen is home to local, national, and international groups. In recent years, the street has been undergoing the kind of transition being seen in various global cities. With recent deals such as Lululemon relocating and expanding their flagship store to the epicenter of Queen, as well as to first to market tenants like Asics and RYU securing homes, Queen Street is headed in the right direction. Further, developments in the immediate vicinity such as Mountain quipment Co-Op and 336 Queen are set to redefine the street triggering a significant uptick in activity and interest on the street. $110 - $165 xceptional Rental Growth TD CANADA TRUST McDONALDS SPADINA AVNU CIBC A&W BASIL BOX ALO ARDN OFF TH WALL SHOS HORSHO TAVRN MAC GUSS DU WST J. LINDBRG NOBIS SHOS.COM STLVIO H&M BORDRLIN B GAMS JALOUSY BAUTY & LIF SPOOF FRAICH GOLOGIC 336 QUN ST W BRANDY MLVILL SUBJCT PROPRTY GOORIN BROS. NYC BODY PIRCING wider sidewalk T KOOP STV S MUSIC STOR KIHL S CLUB MONACO SAJ WLLNSS TH BODY SHOP LULULMON BLL LUSH FUTUR MC DR. MARTNS ADIDAS ORINGINALS OLLI QUINN SUBWAY RIGNING CHAMP KIND XCHANG GAP PTR T SOHO T BLACK BULL M FOR MNDOCINO SPC S & SPC S CALFORX PTR PAN KAZUO 365 QUN ST WST NYX RYU TIMBUK2 FIDO KO JWLRY MYNC ARITZIA ICBRAKR DAVID S TA TITIKA YOUR GOOD HALTH LITTL BURGUNDY ALDO ARCTRYX FOOTLOCKR 272 QUN ST WST QUN T WST YYOGA BVRLY HOTL BVRLY T SHOPPRS DRUGMART AMRICAN AGL CHIPOTL SOLUTIONS (FUTUR) HOSU RSTAURANT CLARLY CONTACTS CHANG RUDSAK GROCRY STOR STARBUCKS SCARPINO SHOS SCOND CUP COFF JOHN T MUCH MUSIC CAF CRP M VA M CITY TV CHUM WIN RACK $103,330 Average Income (2016) projected to increase 19.4% by 2021

5 DVLOPMNT OVRVIW NOTABL ACTIV PROJCTS # SIT NAM DVLOPR TOTAL UNITS 1 RSIDNCS OF 488 UNIVRSITY AV Amexon RSIDNCS AT RCMI -426 UNIVRSITY AV Tribute Communities FORM -36 MCCAUL ST Tridel DRAGON CONDOS -370 SPADINA AV Ideal Developments % POPULATION GROWTH (DOWNTOWN WST) 35 ACTIV CONDO PROJCTS 41 DVLOPMNT APPLICATIONS 5 SMART HOUS -219 QUN ST W 6 SHANGRI-LA -188 UNIVRSITY AV 7 PICASSO -318 RICHMOND ST W RICHMOND ST W Urban Capital Property Group Westbank Projects Corp. & Peterson Investment Mattamy Homes and Goldman Group Greenpark Homes STUDIO ON RICHMOND -199 RICHMOND ST W Aspen Ridge Homes STUDIO2 ON RICHMOND -30 NLSON ST Aspen Ridge Homes BOND CONDOS -290 ADLAID ST W Lifetime Developments PJ CONDOS -283 ADLAID ST W Pinnacle International 368 SUBJCT PROPRTY 13 THATR PARK -224 KING ST W 14 KING CHARLOTT -11 CHARLOTT ST Lamb Development Corp. & Harhay Construction Lamb Development Corp. & Niche Development 15 KING BLU BY GRNLAND -355 KING ST W Greenland Group Co TH MRCR -8 MRCR ST 17 BISHA -80 BLU JAYS WAY Graywood Developments Ltd Lifetime Developments SQ -55 CAMRON ST Tridel SQ2-22 VANAULY SQ Tridel FABRIK CONDOS -431 RICHMOND ST W Menkes JAMS CONDOS -440 RICHMOND ST W Lamb Development Corp BRANT PARK -438 ADLAID ST W Lamb Development Corp. 243 DOWNTOWN WST IS ON OF CANADA S MOST ACTIV CONDOMINIUM MARKTS Downtown West continues to dominate the downtown condominium market. With an unprecedent amount of development in recent years, retailers and businesses in the surrounding area have seen benefits due the rapidly increasing population. The demand is fueled by Yonge professionals who want to live, work and play within walking distance of their residences. NOTABL DVLOPMNT APPLICATIONS # ADDRSS TOTAL UNITS SIMCO ST WIDMR ST SPADINA AV PTR ST ADLAID ST W ADLAID ST W RICHMOND ST W WIDMR ST WIDMR ST , & 415 KING ST W ADLAID ST W SIMCO ST & KING ST W 1949

6 XCPTIONAL PUBLIC TRANSIT INFRAUCTUR The Property is well positioned by the existing transportation network providing easy access to transportation. The 501 Queen streetcar runs directly outside the Property providing excellent access to the Financial Core as well as direct connections with the Yonge-University subway line at both Osgoode Station and Queen Station. GO TR AIN LIN UNION STATION ST ANDRW STATION KIN G ST R TW ST 504 TC OSGOOD STATION SUBJCT PROPRTY QU N (Future) (Future) T R TCA 510 LIN SPA AR L IN 510 Spadina 43,804 daily ridership (5th busiest in Toronto) TCAR LIN U N V AA DIN 501 Queen 43,464 daily ridership (6th busiest in Toronto) SUBWAY LIN GO TRANSIT LIN W ST 501 T CA RL IN MIN WALK MIN WALK MIN WALK Osgoode Station aton Centre Union Station/ACC This disclaimer shall apply to CBR Limited, Real state Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors ( CBR ). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the Information ) has not been verified by CBR, and CBR does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBR does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBR. CBR and the CBR logo are the service marks of CBR Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.

7 For More Information Please Contact: ARLIN MARKOWITZ* Senior Vice President JACKSON TURNR Sales Representative ALX DMISON* Vice President *Sales Representative The Property is offered for sale free and clear of debt. The Vendor s objective is to maximize sales proceeds, and preference will be given to cash offers with limited conditionality. Based on information contained herein, and other information that may be made available by the Advisor and/or Vendor interested parties are invited to submit offers for the purchase of the Property. Offers will be reviewed by the Advisor on an as received basis.