core cbd office opportunity 77 metcalfe street
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BUILDING SUMMARY
Core CBD Office Opportunity77 Metcalfe Street Ottawa, ON
126,000 SFRENTABLE BUILDING AREA
Renovated 1996 BUILT 1954
Direct AccessTO PUBLIC TRANSIT
$17.61ADDITIONAL RENT (est. 2021)Sublet until October 31st, 2022
Parking UNDERGROUND (full floor)
2021/22OCCUPANCY
In the fall of 2021 the entire complex at 77 Metcalfe, about 126,000 rentable square feet plus parking and storage will be available to lease. Complete with leasehold improvements and furnishings all or a major portion of this building will be available as a sublease for any temporary office requirement up to 14 months.
THE BUILDING
77 Metcalfe Street is a 126,000 square foot office building located in the heart of Ottawa’s Central Business District (CBD).
• A One Level underground garage can park 17 vehicles
• There is storage space on two basement levels
• Spectacular upper floor views of Parliament Hill
BUILDING HIGHLIGHTS
77 Metcalfe Street, Ottawa, Ontario Statement of Operating Costs
Operation Cost for 2020, 2019 & 2018
This statement has been prepared on accrual basis of accounting in accordance with Section 4 of the standard lease agreement and includes all the expenditures necessary to maintain the property as defined in Section 4 of the standard lease agreement during the
years ended December 31, 2018, 2017, 2016. The determination of operation expenses requires management to make estimates and assumptions that affect the reporting amounts of expenses during the report period. Actual results could differ from those estimates.
2020 2019 2018
Utilities $470,494.92 $459,782.00 $416,415.00
Janitorial $292,254.48 $285,600.00 $268,574.00
Mechanical and electrical $122,519.71 $119,730.00 $139,126.00
Management fee $143,466.66 $140,200.00 $136,756.00
General and administrative $128,574.58 $125,647.00 $109,740.00
Exterior grounds $81,440.35 $79,586.00 $79,633.00
Repairs and maintenance $162,599.30 $158,897.00 $119,622.00
Insurance $32,713.88 $31,969.00 $60,327.00
Security $15,339.27 $14,990.00 $25,482.00
Lighting $1,614.77 $1,578.00 $8,354.00
Parking lot n/a n/a $19,030.00
Property taxes $991,240.01 $968,670.00 $987,570.00
Adjustment n/a -$3,237.00 n/a
Total $2,442,257.92 $2,383,412.00 $2,370,629.00
Rental Area 139,163.00 139,163.00 139,163.00
Annual Operation Costs ($PRSF) $17.55 $17.13 $17.03
Floor 12 - 9,139.38 SF
Floor 11 - 10,679.92 SF
Floor 10 - 11,554.99 SF
Floor 9 - 11,540.01 SF
Floor 8 - 11,540.01 SF
Floor 7 - 11,540.01 SF
Floor 6 - 11,540.01 SF
Floor 5 - 11,540.01 SF
Floor 4 - 11,537.61 SF
Floor 3 - 11,540.28 SF
Floor 2 - 10,156.82 SF
Floor 1 - 3,419.63 SF
LL-B1 - Storage or ParkingLL-B2 - Office / Storage
STACKING PLAN
Total Common Area - 13,434.32 SFTotal BOMA 1996 Gross - 139,163.00 SF
Sub-Total - 125,728.68 SF
Existing improvements & furnishings will remain for subtenant use until end of sublease term.
Floor Plan
Rentable Office Area: 3,419.63 SF
Ground Floor
Floor Plan
Rentable Office Area: 10,156.82 SF
Floor 2
Floor Plan
Rentable Office Area: 11,540 SF
Floor 3
Floor Plan
Rentable Office Area: 11,537 SF
Floor 4
Floor Plan
Rentable Office Area: 11,540 SF
Floor 5
Floor Plan
Rentable Office Area: 11,540 SF
Floor 6
Floor Plan
Floor 7
Rentable Office Area: 11,540 SF
Floor 7
Floor Plan
Rentable Office Area: 11,540 SF
Floor 8
Floor Plan
Rentable Office Area: 11,540 SF
Floor 9
Floor Plan
Rentable Office Area: 11,554.99 SF
Floor 10
Floor Plan
Rentable Office Area: 10,679.92 SF
Floor 11
Floor Plan
Rentable Office Area: 9,139.38 SFRentable Building Common Area: 680.41 SF
Floor 12
Floor Plan
Rentable Office Area: 8,862.74 SF
Basement Level
Floor Plan
Rentable Office Area: 3,911.78 SF
Sub-Basement
Cushman & Wakefield Ottawa*55 Metcalfe Street Suite 400Ottawa, ON K1P 6L5+1 613 236 7777www.cwottawa.com
*Brokerage, Independently owned and operated. Member of the Cushman & Wakefield Alliance
Kim Hall Vice President+1 613 780 [email protected]
Paul Bennett BrokerSenior Vice President +1 613 780 [email protected]
Cushman & Wakefield copyright 2021. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.