THE ESPLANADE. Prime Retail For Lease
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1 118 Prime Retail For Lease
2 The 24-hour King Streetcar, GO Station, Union Station and King Subway Stations provide easy access to the location. Green P parking in the surrounding area is widely used by office users from the Financial Core, as well as visitors to the Air Canada Centre and Rogers Centre. The Gardiner Expressway and Don Valley Parkway offer convenient routes in and out of the neighbourhood, and tourist attractions like the Flatiron Building and St. James Cathedral make The St. Lawrence Market a must see for visitors. The nearby Distillery District and King East Design District drive additional pedestrian traffic, and are home to neighbouring restaurants, theatres, and entertainment. George Brown College is within 1 KM of the site, a daytime home to thousands of students, and the site is in proximity to First Gulf s 333 King Street East site featuring over 850,000 SF of office and retail space including the head offices of Coca Cola and The Globe and Mail. the LOCATION Toronto s Downtown East is a dynamic neighbourhood where modern developments meet 19th century Victorian-era architecture to create a vibrant area to live, work and play. Located across the street from the historic St. Lawrence Market, 118 Esplanade offers a rare opportunity to lease a fully-fixtured restaurant space in the heart of the St. Lawrence Market. Located on the northwest corner of The Esplanade and Market Street, this opportunity features patios on both The Esplanade and Market Street, and is adjacent to restaurant row, home to popular restaurants The Keg, The Old Spaghetti Factory and Bier Markt. Steps from Union Station, and in close proximity to the Financial Core and the King East Design District, this opportunity benefits from consistent traffic driven by the St. Lawrence Market and nearby residential developments. Proximity to the Financial Core provides an exceptional market for a very affluent demographic. Recently the area has seen an influx of residential density, with the development of the L Tower (600 units), The Berczy (161 units), London on The Esplanade (408 units), Backstage Condominiums (284 units), Sixty Colborne (255 units) and the newly proposed 75 The Esplanade, with 302 residential units. 118
3 the BUILDING GROUND FLOOR 4,012 SF MEZZANINE 1,770 SF TOTAL 5,782 SF BLENDED NET RENT ADDITIONAL RENT TERM OCCUPANCY CEILING HEIGHTS Negotiable $27.33 PSF (est. 2017) years Immediate Over 15 FT (ground & 2nd floor) Over 30FT (open area to mezz.) Pre-fixtured restaurant space Two signature patio opportunities Liquor license in place allowing for 180 indoor & 111 outdoor customers at a time Beautiful natural light Shipping and receiving bay with direct access into unit Over 100 feet of wraparound frontage Steps from the St. Lawrence Market
4 the GROUND FLOOR the MEZZANINE 4,012 SF 1,770 SF PATIO MARKET STREET MARKET STREET PATIO N N
5 BEAUTIFULLY FIXTURED
6 Oliver & Bonacini Biff s Bistro Sony Centre/ L Tower Tim Hortons King Edward Hotel Terroni Tom Jones Steak House St. Lawrence Centre The Keg The Old Spaghetti Factory Winners Tim Hortons Rexall Gooderham Building The Works St. James Cathedral Origin POPULATION 36,351 AVG. HOUSEHOLD INCOME $124,391 AREA TOTAL HOUSEHOLDS 22,012 the DAYTIME POPULATION 290,241 La Maquette Indochino Custom Suits Metro TD Bank Jack Astor s Bar & Grill Starbucks LCBO Paramount Foods Market Street Catch Evolution Food Co. Balzac s Market Street Wynn Fitness Club Royal Bank of Canada Second Cup Wine Rack The Corner Place Bier Markt AREA DEMOGRAPHICS (1KM) WALK SCORE YOUNG PROFESSIONALS 22% ages BAY ST. ADELAIDE ST. W KING ST. W FINANCIAL DISTRICT TRANSIT SCORE N YONGE ST. ADELAIDE ST. E KING ST. E VICTORIA ST. WELLINGTON ST. E ONE YONGE DEVELOPMENT 4 SCOTT ST. 5 TORONTO ST. BERCZY PARK FRONT ST CHURCH ST GARDINER EXPY. QUEENS QUAY E ST JAMES PARK MARKET ST. 30 ST LAWRENCE MARKET JARVIS ST. LOWER JARVIS ST WATERFRONT DEVELOPMENT
7 CONTACT ASHLAR URBAN REALTY INC. Real Estate Brokerage 166 Pearl Street, Suite 300 Toronto, ON Canada M5H 1L3 T F W ashlarurban.com TORONTO S URBAN COMMERCIAL REAL ESTATE EXPERTS GRAHAM SMITH* Vice President ext 225 gsmith@ashlarurban.com BRANDON GORMAN* Vice President ext 239 bgorman@ashlarurban.com JONATHAN DIXON Sales Representative ext 256 jdixon@ashlarurban.com *Sales Representative
8
1 THE ESPLANADE, TORONTO
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