FORSALE
THREERETAIL
PLAZAS
1650 DUNDAS STREET EAST, WHITBY1650 DUNDAS STREET EAST, WHITBY
1540 DUNDAS STREET EAST, WHITBY1540 DUNDAS STREET EAST, WHITBY
1095 KINGSTON ROAD, PICKERING1095 KINGSTON ROAD, PICKERING
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INVESTMENT HIGHLIGHTS
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1095 KINGSTON ROAD, PICKERING
LAND AREA 204,296 sf or 4.69 acres
FRONTAGE ± 790 feet
ZONING M1-SC30 (By-Law 4138-92) Storage & Light Manufacturing
OFFICIAL PLAN: Durham Region Living Area, Goals of Living Areas
OFFICIAL PLAN: Pickering Mixed Use Areas, Mixed Use Corridor
YEAR BUILT 1976
BUILDING AREA 86,782 sf
PARKING 287 spaces (3.3/1,000sf)
DESIRABLE HIGH-TRAFFIC LOCATIONS
All three of the Properties are located within minutes of 401 Highway in the City of Pickering and Town of Whitby. Both Dundas Street East and Kingston Road are regional arterial roads with a high-volume of daily traffic, and are located within established residential and commercial trade areas.
1540 DUNDAS STREET EAST, WHITBY
LAND AREA 251,776 sf or 5.78 acres
FRONTAGE ± 490 feet along Thickson Road
ZONING C2-S (By-Law 1784-98) Special Purpose Commercial Zone
OFFICIAL PLAN: Durham Region Living Area, Goals of Living Areas
OFFICIAL PLAN: Whitby Mixed Use
YEAR BUILT 1976
BUILDING AREA 112,918 sf
PARKING 147 spaces (1.3/1,000sf)
1650 DUNDAS STREET EAST, WHITBY
LAND AREA 131,986 sf or 3.03 acres
FRONTAGE 230 feet / 700 feet
ZONING C2-S (By-Law 1784-98) Special Purpose Commercial Zone
OFFICIAL PLAN: Durham Region Living Area, Goals of Living Areas
OFFICIAL PLAN: Whitby Mixed Use
YEAR BUILT 1972
BUILDING AREA 74,800 sf
PARKING 67 spaces (0.9/1,000sf)
DIVERSIFIED TENANT MIX
Tenants within the portfolio include a diversified mix of local, national and international retailers. Notable tenants include Tasco Appliances, Ashley Furniture, The Brick, Part Source, and many others.
PROPERTY OVERVIEW
PLANNING OVERVIEW
The Properties have long term future redevelopment potential. 1540 and 1650 Dundas Street East are located within an intensification area, which allocates higher densities to properties fronting onto Dundas and Thickson. 1095 Kingston Road is located just outside the Pickering City Centre Zoning By-law area, slated for significant additional density in mixed use built form. Situtated on a combined total of 13.5 acres of land, the Properties represent an opportunity to bank land supported by quality, cash flowing assets.
TENANT APPEAL
The Properties represent a range of large and small format spaces that appeal to a variety of tenants with a diverse range of uses, such as larger format showrooms, small retail and restaurant uses. The portfolio’s units range in size from 1,453 to 30,194 sf and totaling 274,500 sf. The portfolio has a total site area of 13.5 acres (558,058 sf).
4 4853 THOMAS ALTON
cushmanwakefield.com
Cushman & Wakefield ULC, Brokerage161 Bay Street, Suite 1500, Toronto, ON M5J 2S1416 862 0611 cushmanwakefield.com
FOR MORE INFORMATION, PLEASE CONTACT:
©2020 Cushman & Wakefield ULC. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS 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). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE. *Sales Representative
DAN ROGERS**Senior Vice President Investment Sales416 359 2352 [email protected]
JEFF LEVER*Associate Vice President Investment Sales416 359 2492 [email protected]
GORAN BRELIH**Senior Vice President Investment Sales 416 756 5456 [email protected]
DIANA MCKENNON*Associate Investment Sales416 642 5356 [email protected]
OFFERING PROCESSCushman & Wakefield ULC has been retained as exclusive advisor (“Advisor”) to seek proposals for the disposition of 1095 Kingston Road, Picking and 1540 & 1650 Dundas Street East, Whitby, Ontario. The Properties are offered for sale on a priced basis as follows:
1095 Kingston Road, Pickering: $26,000,000 / $300.00 PSF1540 Dundas Street East, Whitby: $26,000,000 / $230.00 PSF1650 Dundas Street East, Whitby: $10,750,000 / $144.00 PSF
To obtain access to the detailed offering materials, please download and submit an executed confidentiality agreement to the attention of: CUSHMAN & WAKEFIELD ULC, BROKERAGE c/o Jeff Lever, Goran Brelih & Dan Rogers 161 Bay Street, Suite 1500 Toronto, Ontario, M5J 2S1
All inquiries regarding the Property or any information contained in this brochure should be directed to the Advisor as exclusive agents for the Vendor.
1540DUNDAS ST E
WHITBY
1650DUNDAS ST E
WHITBY
1095KINGSTON RD
PICKERING
KINGSTON ROAD
DUNDAS STREET EAST
401
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