2389-2419 McPhillips Street Winnipeg, MB
2389-2419 Mcphillips Street, Winnipeg, MB
PHOTOS & DEMOGRAPHICS
For Sale User/Investment Opportunity
2389-2419 McPhillips Street Winnipeg, MB Retail Property Exclusively Represented By: COLLIERS INTERNATIONAL, JOHN PRALL KRIS MUTCHER COLLIERS INTERNATIONAL 305 Broadway, Suite 500 Winnipeg, MB R3C 3J7 Main +1 204 943 1600 Fax +1 204 943 4793 COLLIERS INTERNATIONAL www.colliers.com 305 Broadway, Suite 500
JOHN PRALL KRIS MUTCHER Winnipeg, MB R3C 3J7 This PRESIDENT brochure does not purport to be all inclusive or toASSOCIATE contain all the information that a prospective purchaser/tenant may require to deciding whether or not to buy/lease the property. Information contained herein has been obtained from VICE VICE PRESIDENT Main +1 204 943 1600 various sources deemed reliable. We have no reason to doubt its accuracy but neither the Vendor nor Colliers International (herein collectively referred to as “the Agent”) make any representations, declarations or warranties, expressed +1 204 926 3839 204or926 3838 Page 1 or implied, as to the accuracy or completeness of the +1 information statements contained herein. The Vendor and the Agent expressly disclaim any and all liability for any errors or omissions in the brochure any 204 other written or oral Fax or+1 943 4793 communications transmitted or made available to prospective purchasers/tenants. The property is subject to prior sale, lease, withdrawal or changes without notice. Prospective purchasers/tenants are strongly advised to undertake [email protected] [email protected] www.colliers.com a thorough review of all important facts relative to the property.
2389-2419 Mcphillips Street, Winnipeg, MB
OPPORTUNITY
2389-2419 MCPHILLIPS presents an interesting opportunity for both investors and owner/user occupiers to purchase an existing asset well located on one of Winnipeg’s major commercial arteries. The Property consists of three buildings, one of which is occupied by Tan FX and the other two being vacant ready for lease or occupancy by an end user. The property is located on the east side of McPhillips Street in north Winnipeg and is bounded by the intersection of McPhillips Street and Templeton Avenue to the site’s north. It is situated in the heart of the McPhillips Street retail node, which is primarily centred around the intersection of McPhillips Street and Leila Avenue and encompasses significant retail developments such as: Garden City Shopping Centre (regional mall), Garden City Square (Home Depot, Safeway, Staples) and a Walmart Supercentre to the west. The diverse mix of national retailers within a 0.5 kilometer radius of the subject property helps generate heavy consumer traffic on the commercial corridor of McPhillips Street between Leila Avenue and Templeton Avenue. 2389-2419 McPhillips Street features significant frontage on McPhillips Street which provides excellent exposure for retailers. The north McPhillips retail trade area is serviced by a number of established communities such as West Kildonan and Garden City. Genstar Developments is in the process of developing its final stages of Amber Trails, a residential community to the west of the subject property that will further add to the population density of the trade area. With future residential development earmarked for the north McPhillips area in the coming years, the trade area will continue to grow and will feature increased opportunities for both national and locally based retailers.
OFFERING PRICE: 2389 McPhillips: $2,000,000 2401 - 2419 McPhillips: $2,700,000
Page 2
2389-2419 Mcphillips Street, Winnipeg, MB
PROPERTY & BUILDING DETAILS
GENERAL PROPERTY DETAILS Entire Land Area Zoning Total Building Area 2013 Realty Taxes Frontage on McPhillips Parking Stalls Parking Ratio
2.93 Acres C3 33,609 SF $73,081.97 520 ft 155 4.65 Stalls per 1,000 SF
SUBJECT PROPERTY
BUILDING DETAILS 2389 MCPHILLIPS (Vacant) Building Area Land Area Year Built Ceiling Height Loading
12,600 SF Approximately 42,329 SF 1995 17 ft Clear Grade Level Overhead door
2401 MCPHILLIPS (Vacant) Building Area Land Area Year Built Construction Ceiling Height Loading
19,190 SF Approximately 85,056 SF (1.95 acres) 1978 S-Metal Frame 15 ft Clear Grade Level Overhead door
2419 MCPHILLIPS (Tan FX) Building Area Year Built Construction Ceiling Height
1,819 SF 1978 C-Masonry Wall Est. 11 ft clear (City of Wpg Assessment info) Page 3
2389-2419 Mcphillips Street, Winnipeg, MB
PHOTOS & DEMOGRAPHICS
McPhillips St. & Templeton Ave 0-1 km
McPhillips St. & Templeton Ave 0-3 km
McPhillips St. & Templeton Ave 0-5 km
2009 Estimate
4,752
53,394
134,024
2014 Estimate
5,576
60,718
149,772
2019 Projected
7,540
70,082
161,126
% Pop. Change (2009-2014)
17.3%
15.9%
11.8%
% Pop. Change (2014-2019)
35.2%
15.4%
7.6%
Average Household Income
$76,722
$75,043
$71,398
2014 Demographic Snapshot Total Population
2389-2419 Mcphillips Street, Winnipeg, MB
SITE PLANS
2389 MCPHILLIPS 12,600 SF
2419 MCPHILLIPS 1,819 SF
2401 MCPHILLIPS 19,190 SF
Page 5
2389-2419 Mcphillips Street, Winnipeg, MB
ZONING MAP
2419
2401
2389
Page 6
AERIAL VIEW
MC PH ILL IPS
2389-2419 Mcphillips Street, Winnipeg, MB
SUBJECT PROPERTY
LEI
LA
This brochure does not purport to be all inclusive or to contain all the information that a prospective purchaser/tenant may require to deciding whether or not to buy/lease the property. Information contained herein has been obtained from various sources deemed reliable. We have no reason to doubt its accuracy but neither the Vendor nor Colliers International (herein collectively referred to as “the Agent”) make any representations, declarations or warranties, expressed or implied, as to the accuracy or completeness of the information or statements contained herein. The Vendor and the Agent expressly disclaim any and all liability for any errors or omissions in the brochure or any other written or oral communications transmitted or made available to prospective purchasers/tenants. The property is subject to prior sale, lease, withdrawal or changes without notice. Prospective purchasers/tenants are strongly advised to undertake a thorough review of all important facts relative to the property.
Page 7
PHOTOS & DEMOGRAPHICS
For Sale User/Investment Opportunity
2389-2419 McPhillips Street Winnipeg, MB Retail Property Exclusively Represented By: COLLIERS INTERNATIONAL, JOHN PRALL KRIS MUTCHER COLLIERS INTERNATIONAL 305 Broadway, Suite 500 Winnipeg, MB R3C 3J7 Main +1 204 943 1600 Fax +1 204 943 4793 COLLIERS INTERNATIONAL www.colliers.com 305 Broadway, Suite 500
JOHN PRALL KRIS MUTCHER Winnipeg, MB R3C 3J7 This PRESIDENT brochure does not purport to be all inclusive or toASSOCIATE contain all the information that a prospective purchaser/tenant may require to deciding whether or not to buy/lease the property. Information contained herein has been obtained from VICE VICE PRESIDENT Main +1 204 943 1600 various sources deemed reliable. We have no reason to doubt its accuracy but neither the Vendor nor Colliers International (herein collectively referred to as “the Agent”) make any representations, declarations or warranties, expressed +1 204 926 3839 204or926 3838 Page 1 or implied, as to the accuracy or completeness of the +1 information statements contained herein. The Vendor and the Agent expressly disclaim any and all liability for any errors or omissions in the brochure any 204 other written or oral Fax or+1 943 4793 communications transmitted or made available to prospective purchasers/tenants. The property is subject to prior sale, lease, withdrawal or changes without notice. Prospective purchasers/tenants are strongly advised to undertake [email protected] [email protected] www.colliers.com a thorough review of all important facts relative to the property.
2389-2419 Mcphillips Street, Winnipeg, MB
OPPORTUNITY
2389-2419 MCPHILLIPS presents an interesting opportunity for both investors and owner/user occupiers to purchase an existing asset well located on one of Winnipeg’s major commercial arteries. The Property consists of three buildings, one of which is occupied by Tan FX and the other two being vacant ready for lease or occupancy by an end user. The property is located on the east side of McPhillips Street in north Winnipeg and is bounded by the intersection of McPhillips Street and Templeton Avenue to the site’s north. It is situated in the heart of the McPhillips Street retail node, which is primarily centred around the intersection of McPhillips Street and Leila Avenue and encompasses significant retail developments such as: Garden City Shopping Centre (regional mall), Garden City Square (Home Depot, Safeway, Staples) and a Walmart Supercentre to the west. The diverse mix of national retailers within a 0.5 kilometer radius of the subject property helps generate heavy consumer traffic on the commercial corridor of McPhillips Street between Leila Avenue and Templeton Avenue. 2389-2419 McPhillips Street features significant frontage on McPhillips Street which provides excellent exposure for retailers. The north McPhillips retail trade area is serviced by a number of established communities such as West Kildonan and Garden City. Genstar Developments is in the process of developing its final stages of Amber Trails, a residential community to the west of the subject property that will further add to the population density of the trade area. With future residential development earmarked for the north McPhillips area in the coming years, the trade area will continue to grow and will feature increased opportunities for both national and locally based retailers.
OFFERING PRICE: 2389 McPhillips: $2,000,000 2401 - 2419 McPhillips: $2,700,000
Page 2
2389-2419 Mcphillips Street, Winnipeg, MB
PROPERTY & BUILDING DETAILS
GENERAL PROPERTY DETAILS Entire Land Area Zoning Total Building Area 2013 Realty Taxes Frontage on McPhillips Parking Stalls Parking Ratio
2.93 Acres C3 33,609 SF $73,081.97 520 ft 155 4.65 Stalls per 1,000 SF
SUBJECT PROPERTY
BUILDING DETAILS 2389 MCPHILLIPS (Vacant) Building Area Land Area Year Built Ceiling Height Loading
12,600 SF Approximately 42,329 SF 1995 17 ft Clear Grade Level Overhead door
2401 MCPHILLIPS (Vacant) Building Area Land Area Year Built Construction Ceiling Height Loading
19,190 SF Approximately 85,056 SF (1.95 acres) 1978 S-Metal Frame 15 ft Clear Grade Level Overhead door
2419 MCPHILLIPS (Tan FX) Building Area Year Built Construction Ceiling Height
1,819 SF 1978 C-Masonry Wall Est. 11 ft clear (City of Wpg Assessment info) Page 3
2389-2419 Mcphillips Street, Winnipeg, MB
PHOTOS & DEMOGRAPHICS
McPhillips St. & Templeton Ave 0-1 km
McPhillips St. & Templeton Ave 0-3 km
McPhillips St. & Templeton Ave 0-5 km
2009 Estimate
4,752
53,394
134,024
2014 Estimate
5,576
60,718
149,772
2019 Projected
7,540
70,082
161,126
% Pop. Change (2009-2014)
17.3%
15.9%
11.8%
% Pop. Change (2014-2019)
35.2%
15.4%
7.6%
Average Household Income
$76,722
$75,043
$71,398
2014 Demographic Snapshot Total Population
2389-2419 Mcphillips Street, Winnipeg, MB
SITE PLANS
2389 MCPHILLIPS 12,600 SF
2419 MCPHILLIPS 1,819 SF
2401 MCPHILLIPS 19,190 SF
Page 5
2389-2419 Mcphillips Street, Winnipeg, MB
ZONING MAP
2419
2401
2389
Page 6
AERIAL VIEW
MC PH ILL IPS
2389-2419 Mcphillips Street, Winnipeg, MB
SUBJECT PROPERTY
LEI
LA
This brochure does not purport to be all inclusive or to contain all the information that a prospective purchaser/tenant may require to deciding whether or not to buy/lease the property. Information contained herein has been obtained from various sources deemed reliable. We have no reason to doubt its accuracy but neither the Vendor nor Colliers International (herein collectively referred to as “the Agent”) make any representations, declarations or warranties, expressed or implied, as to the accuracy or completeness of the information or statements contained herein. The Vendor and the Agent expressly disclaim any and all liability for any errors or omissions in the brochure or any other written or oral communications transmitted or made available to prospective purchasers/tenants. The property is subject to prior sale, lease, withdrawal or changes without notice. Prospective purchasers/tenants are strongly advised to undertake a thorough review of all important facts relative to the property.
Page 7
