175 front street, belleville, on investment … ·  · 2018-04-05site to the south of the subject...

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175 FRONT STREET, BELLEVILLE, ON INVESTMENT OPPORTUNITY

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175 FRONT STREET, BELLEVILLE, ON

INVESTMENT OPPORTUNITY

FOR SALE175 FRONT STREET BELLEVILLE, ON

PROPERTY DETA I LS

Site Area: 0.11 ac. Zoning: C2-3 General Commercial

GLA: 22,348 sq. ft. (includes basement)

Lease Term: 10 years

Occupancy: 86% Open House: Tuesday, April 17, 2018

CBRE Limited, Brokerage | 2005 Sheppard Avenue East | Suite 800 | Toronto, ON M2J 5B4 | T 416 494 0600 | F 416 494 6435

*Sales Representative. April 2018. 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 set out 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 does not 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 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 The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.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 property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth

RETAIL INVESTMENT

GROUP

BRAD WALFORD*Associate Vice President416 495 [email protected]

SEAN COMISKEY*Associate Vice President416 495 [email protected]

The Property is well located on the south east corner of Front Street and Macannany Street in a high traffic commercial area

of the city. The building was constructed in 1973 and has been occupied by the Bank of Nova Scotia since. The neighbouring

site to the south of the Subject Property is a public building owned by the city of Belleville. The neighbouring site to the east

of the Subject Property is a freestanding retail building with an independent salon. Front Street features numerous national

and independent tenants including TD Bank, Bank of Montreal, H & R Block, and Thai House Cuisine. The property is being

sold with a 10 year lease with the Bank of Nova Scotia which offers an excellent opportunity to acquire a care-free investment

with a highly coveted international tenant.

Drive TimesFrom Toronto: 2 Hours 25 Minutes From Kingston: 56 Minutes

BRETT TAGGARTSales Representative416 495 [email protected]