1303 user/investor opportunity-1323 king …images2.loopnet.com/d2/fsdp94fued7dklx1... · the city...
TRANSCRIPT
CONTACT
Danny ShvartsmanCBRE Limited
2005 Sheppard Avenue East Suite 800
Toronto, ON | M2J 5B4
Sean Comiskey*Associate Vice President Associate Vice President
Brad Walford*
FOR SALE1303-1323 KING STREET EAST, OSHAWA, ONUSER/INVESTOR OPPORTUNITY
*Sales Representative
KING TOWN PLAZA1303-1323 King Street East, Oshawa, ON
Sales Representative+1 416 495 [email protected]
OUTLINES ARE APPROXIMATE
www.cbre.ca
LOT AREA 1.33 ac. (260 ft. frontage)
LEASABLE AREA 13,348 sq. ft.
YEAR BUILTPHASE I: 2015PHASE II: 2017
HARVEY’S DRIVE-THRU
OIL CHANGERS
SPRAY KLEEN CAR WASH
NEW CONSTRUCTION
1,803 sq. ft. expiry 2025
1,800 sq. ft. expiry 2026
3,645 sq. ft. expiry 2025
6,100 sq. ft. vacant
PARKING 56 spaces
ENVIRONMENTAL Phase II available
MORTGAGE First mortgage available
ZONINGPSC-A (6)
Planned Strip Commercial
CURRENT NOI Call for details
PRICEUnpriced
(see offering process)
P R O P E R T Y D E TA I L S
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1303-1323 King Street EastOSHAWA, ON
KING TOWN PLAZAFOR SALE
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NOTABLE ATTRIBUTES
www.cbre.ca
LOCATION
• King Street East & Townline Road South
ZONING
• PSC-A (6) Planned Strip Commercial
EXCEPTIONAL FEATURES
• Newly built property
• Excellent location
• Well maintained buildings
• Long lease terms
FOR SALEN
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1303-1323 King Street EastOSHAWA, ON
KING TOWN PLAZA
TENANT SUMMARY
www.cbre.ca
Harvey’s has been serving up flame-grilled, customized burgers since 1959. The Harvey’s franchise
has over 270 locations nationwide. Harvey’s is owned by CARA Operations Ltd. CARA is Canada's
most historic and largest full service restaurant company and owns many of Canada’s most
recognizable and favourite restaurant concepts including: Swiss Chalet, East Side Mario's, Milestones,
Casey's, Bier Markt, Kelsey’s, Montana's, Fionn MacCool's, and Harvey’s. CARA has system wide sales
of approximately $1.7 billion and over 840 restaurant locations across Canada.
www.harveys.ca
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1303-1323 King Street EastOSHAWA, ON
KING TOWN PLAZA
TENANT SUMMARY
www.cbre.ca
Oil Changers is a Canadian run automotive service business with 31 locations, proudly serving all of
southern Ontario including: Ottawa, Barrie, Brampton, Mississauga, Whitby, Toronto,
Kitchener/Waterloo, Markham, Pembroke, Schomberg and Milton.
In addition to the oil change service offered in 9 minutes or less, Oil Changers offers emission testing
services, tire rotations and a host of other automotive services.
www.oilchangers.ca
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1303-1323 King Street EastOSHAWA, ON
KING TOWN PLAZA
www.cbre.ca
MARKET OVERVIEW
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1303-1323 King Street EastOSHAWA, ON
KING TOWN PLAZA
The City of Oshawa is located in the Region of Durham, serving as a major commercial and industrial hub for
the Greater Toronto Area. Oshawa has two main interchanges that connect the city to Highway 401,
Stevenson Road and Harmony Road. Highway 401 acts as a major transportation hub for business serving
Southwestern, Central and Eastern Ontario. Oshawa is a growing bedroom community to the GTA and has
planned residential development to the east and north of the Subject Property.
King Town Plaza is situated on the south side of King Street between Townline Road and Eastlawn Street on a
high traffic commercial strip of Oshawa. The neighbouring site to the north of the Subject Property features
Kingsway Village Shopping Centre and a Walmart Supercentre with national tenants including Pita Pit, TD
Canada Trust, McDonald’s, Dollarama and No Frills. The neighbouring site to the east of the Subject Property
features a variety of retail tenants including Tim Hortons, Petro-Canada, Shoeless Joe’s and Swiss Chalet.
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information setout herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE doesnot represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for theInformation 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 anyreliance 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 recipientfrom CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the propertyof their respective owners. All Rights Reserved.
Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
CONTACT
Danny ShvartsmanCBRE Limited
2005 Sheppard Avenue East Suite 800
Toronto, ON | M2J 5B4
Sean Comiskey*Associate Vice President Associate Vice President
Brad Walford*
1303-1323 KING STREET EAST, OSHAWA, ON
*Sales Representative
Sales Representative+1 416 495 [email protected]
OFFERING PROCESS 1303-1323 King Street EastOSHAWA, ON
KING TOWN PLAZA
The Seller has retained CBRE Limited (“CBRE”) on an exclusive basis to offer for sale the propertylocated at 1303-1323 King Street East, Oshawa (the “Property”).
SITE VISITSProperty tours will be conducted by private appointment and should be coordinated through theListing Agent.
ADDITIONAL INFORMATIONAll inquiries regarding the Property or any information contained in this Investment Summary shouldbe directed to the Listing Agent.
OFFER SUBMISSION GUIDELINESThe Seller invites interested parties to submit an offer to purchase the Property on the Seller’s form ofoffer, to be provided by the Listing Agent to prospective buyers upon request.
Offers will be reviewed by the Sellerafter 12:00 p.m. on June 14 2017.
All offers should be delivered or, preferably, sent via email to the Listing Agent.2005 Sheppard Avenue East, Suite 800, Toronto, ON M2J 5B4