delivery q2 2020

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RETAIL SPACE FOR LEASE Contact Leasing Agents: Paul Cook* Vice President [email protected] T: 613.782.2947 *Sales Representative CBRE Limited, Real Estate Brokerage Brandon Yuck* Sales Associate [email protected] T: 613.788.2760 DELIVERY Q2 2020 UP TO 14,100 SQUARE FEET 800 PALLADIUM DRIVE | KANATA, ON

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Page 1: DELIVERY Q2 2020

RETAIL SPACE FOR LEASE

Contact Leasing Agents:Paul Cook*Vice [email protected] T: 613.782.2947*Sales Representative

CBRE Limited, Real Estate Brokerage

Brandon Yuck*Sales [email protected] T: 613.788.2760

DELIVERYQ2 2020

UP TO 14,100 SQUARE FEET800 PALLADIUM DRIVE | KANATA, ON

Page 2: DELIVERY Q2 2020

800 PALLADIUM DRIVEKANATA | ONTARIO

HIGHLIGHTS

Available Space:14,100 sq. ft.

*minimum divisible 5,000 sq. ft.

Asking Net Rent:$21.00 per sq. ft

Operating Costs & Taxes:$9.61 per sq. ft. (2019 estimate)

Utilities & Janitorial Services Extra

Timing:September 2020 Occupancy

JOINFORD

ORBCOMMKPMG

SPIRENT BLU METRIC

EMPOWERED NETWORKSCALIAN

SULLIVAN

Its strategic location near several major thoroughfares in central Kanata, as well as a park like setting and fully serviced office campus, make this campus an ideal choice for future occupants looking to offer leading edge amenities to its employees, as well as tremendous branding opportunities onto the 6-lane Queensway highway.

Future tenants of the new Class A building will have access to a wide range of state-of-the-art amenities, including multipurpose training and conference rooms, fitness and yoga facilities, and secure indoor bike storage. Outside features will include a deck space with a barbecue, agora and a parking lot for more than 330 vehicles.

AREA DEMOGRAPHICS*Within a 15 minute radius

232,766TOTAL POPULATION (2018)

$123,357AVERAGE HOUSEHOLD INCOME (2018)

Page 3: DELIVERY Q2 2020

800 PALLADIUM DRIVEKANATA | ONTARIO

FLOOR PLAN

Page 4: DELIVERY Q2 2020

800 PALLADIUM DRIVEKANATA | ONTARIO

# Property Owner Area (sq. ft.) Major Tenants

1 Kanata Entertainment Centrum PenEquity Realty Corp 513,646 Landmark Cinema’s, Home Outfitters, Best Buy

2 Kanata Centrum Shopping Centre RioCan REIT 496,402 Walmart, Loblaws, Chapters

3 Tanger Outlet RioCan REIT/Tanger 350,000 Nike, Calvin Klein, Ralph Lauren

4 Grant Crossing RioCan 224,457 Lowe’s, HomeSense, Michael’s, Winners

5 Hazeldean Mall Bentall Kennedy Prime Fund 227,740 Your Independent Grocer, Rexall Pharma Plus

6 Signature Centre Taggart Realty 117,000 Farm Boy, Shoppers Drugmart

7 Market Square Morguard 70,443 Farm Boy, LCBO, Bulk Barn

800

PALLADIUM DR

IVE

Kanata is a thriving retail market with strong demand for locations in the region’s primary retail nodes. The majority of retail in the area is clustered in two strategic locations, along Hazeldean Road or at the intersection of Terry Fox Drive and HWY 417. Major retail centres in the area include Kanata Centrum Shopping Centre, the Tanger Outlets and the Lowe’s anchored Grant Crossing.

Kanata supports a large contingency of national retailers, strategically clustered between Huntmar Drive and Eagleson Road. Home to national tenants including Food Basics, Toys ‘R’ Us / Babies ‘R’ Us, Lowe’s, Winners, HomeSense, Bed Bath & Beyond and Michael’s, the Hazeldean retail corridor supports a diverse mix of service, convenience and destination retail uses serving a wide market catchment.

The Terry Fox Drive and HWY 417 node draws from a wider regional market catchment, home to large format retailers including Costco, Home Depot, Canadian Tire, Walmart and Empire Theatres. Situated immediately adjacent to the main regional highway servicing the Ottawa area, these retailers draw from a large trade area as well as increasing the level of amenities for residents in the immediate area.

Tanger Outlets, located 3 kilometres west of the 800 Palladium Drive, is a new outlet mall totaling approximately 350,000 sq. ft. Opened in 2014, Tanger Outlets includes over 75 brand name fashion retailers and caters to a wide market catchment encompassing Greater Ottawa and the surrounding municipalities. The Tanger Outlets further establishes Kanata as a super-regional retail destination as well as having a positive impact on housing demand in the area.

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“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 Infor-mation. 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 ser-vice 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.

CBRE Limited, Real Estate Brokerage | 333 Preston Street, Ottawa, ON | K1S 5N4 | www.cbre.ca/ottawa

RETAIL LANDSCAPE - KANATA