251 - 255 king street east, toronto retail for lease
251 - 255 KING STREET EAST, TORONTO RETAIL FOR LEASE
PRIME RETAIL IN THE CENTRE OF THE KING STREET EAST DESIGN DISTRICT
FOR MORE INFORMATION PLEASE CONTACT
ASHLAR URBAN REALTY INC. Real Estate Brokerage 166 Pearl Street, Suite 300 Toronto, ON Canada M5H 1L3 T 416 205 9222 F 416 205 9228 W ashlarurban.com TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS
GRAHAM SMITH* Vice President 416 205 9222 ext 225 [email protected]
BRANDON GORMAN Sales Representative 416 205 9222 ext 239 [email protected]
Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Ashlar Urban Realty Inc.* Sales Representative
2 5 1 - 2 5 5 K I NG S T R E E T E A S T PROPERTY SUMMARY Located on the southeast corner of King Street East and Sherbourne Street at the base of King Plus Condos, this high-traffic retail opportunity features a modern design with heritage characteristics. Retail units of 2,638 square feet and 1,149 square feet are available in April 2015 and are suitable for a variety of retail uses.
HIGHLIGHTS • Signature retail opportunity located in King Plus Condos’ development; 17 storeys, 132 units • Prime retail space located on the southeast corner of King Street and Sherbourne Street in the centre of the King Street East Design District • Incredible corner exposure on King Street East’s busiest intersection • Brand new retail construction at the base of King Plus Condos featuring heritage characteristics and a modern design • TTC streetcar access in front of building • Excellent access to Gardiner Expressway and Don Valley Parkway • Neighbouring businesses include: George Brown College, Aroma Espresso Bar, Scotiabank, EQ3, Montauk, Urban Barn, National Bank, South Street Burger Co., No Frills, LCBO, Starbucks and many more • In close proximity to First Gulf’s 333 King Street East site featuring over 850,000 SF of office and retail space including the head offices of Coca Cola and the Globe and Mail
DETAILS ASKING RATE
Negotiable
ADDITIONAL RENT
$20.00 PSF (est. 2015)
OCCUPANCY
April 2015
TERM 10 years AVAILABLE SPACE Retail A: 2,638 SF Retail B: 1,149 SF Total: 3,787 SF
L OC AT I ON M AP GERRARD STREET EAST
GERRARD STREET EAST
DON VALLEY
DUNDAS STREET EAST
QUEEN STREET EAST
G
KIN
E STR
T
EAS
EAS
UE
N AVE
EY
L VAL
N TER
DON
ET
KING STREET EAST
PKWY
RIVER STREET
PARLIAMENT STREET
JARVIS STREET
YONGE STREET QUEEN STREET EAST
SHERBOURNE STREET
DUNDAS STREET EAST
PKW Y
GARDINER EXPY
LOWER SHERBOURNE STREET
N
FRO
LOWER JARVIS STREET
AST
ET E
RE T ST
GAR
DIN
ER
EXP
Y
LAKESHORE BLVD
D EM OG R A P H I CS TRAFFIC COUNT The average daily traffic along King Street East at Sherbourne is 43,626 vehicles
•
TRADE AREA POPULATION
AVERAGE HOUSEHOLD INCOME
1 km - 36,416
1 km - $94,204
3 km - 216,236
3 km - $92,445
5 km - 426, 897
5 km - $111,725
King Street streetcar route averages 47,300 weekday riders
EX TE RIO R R E N D E R I NG
F L OOR PL A N S RETAIL A - 2,638 SF
KING STREET EAST
1,351 SF
1,287 SF
N
SHERBOURNE STREET
F L OOR PL A N S RETAIL B - 1,149 SF
1,149 SF
N
SHERBOURNE STREET
TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS
PRIME RETAIL IN THE CENTRE OF THE KING STREET EAST DESIGN DISTRICT
FOR MORE INFORMATION PLEASE CONTACT
ASHLAR URBAN REALTY INC. Real Estate Brokerage 166 Pearl Street, Suite 300 Toronto, ON Canada M5H 1L3 T 416 205 9222 F 416 205 9228 W ashlarurban.com TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS
GRAHAM SMITH* Vice President 416 205 9222 ext 225 [email protected]
BRANDON GORMAN Sales Representative 416 205 9222 ext 239 [email protected]
Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Ashlar Urban Realty Inc.* Sales Representative
2 5 1 - 2 5 5 K I NG S T R E E T E A S T PROPERTY SUMMARY Located on the southeast corner of King Street East and Sherbourne Street at the base of King Plus Condos, this high-traffic retail opportunity features a modern design with heritage characteristics. Retail units of 2,638 square feet and 1,149 square feet are available in April 2015 and are suitable for a variety of retail uses.
HIGHLIGHTS • Signature retail opportunity located in King Plus Condos’ development; 17 storeys, 132 units • Prime retail space located on the southeast corner of King Street and Sherbourne Street in the centre of the King Street East Design District • Incredible corner exposure on King Street East’s busiest intersection • Brand new retail construction at the base of King Plus Condos featuring heritage characteristics and a modern design • TTC streetcar access in front of building • Excellent access to Gardiner Expressway and Don Valley Parkway • Neighbouring businesses include: George Brown College, Aroma Espresso Bar, Scotiabank, EQ3, Montauk, Urban Barn, National Bank, South Street Burger Co., No Frills, LCBO, Starbucks and many more • In close proximity to First Gulf’s 333 King Street East site featuring over 850,000 SF of office and retail space including the head offices of Coca Cola and the Globe and Mail
DETAILS ASKING RATE
Negotiable
ADDITIONAL RENT
$20.00 PSF (est. 2015)
OCCUPANCY
April 2015
TERM 10 years AVAILABLE SPACE Retail A: 2,638 SF Retail B: 1,149 SF Total: 3,787 SF
L OC AT I ON M AP GERRARD STREET EAST
GERRARD STREET EAST
DON VALLEY
DUNDAS STREET EAST
QUEEN STREET EAST
G
KIN
E STR
T
EAS
EAS
UE
N AVE
EY
L VAL
N TER
DON
ET
KING STREET EAST
PKWY
RIVER STREET
PARLIAMENT STREET
JARVIS STREET
YONGE STREET QUEEN STREET EAST
SHERBOURNE STREET
DUNDAS STREET EAST
PKW Y
GARDINER EXPY
LOWER SHERBOURNE STREET
N
FRO
LOWER JARVIS STREET
AST
ET E
RE T ST
GAR
DIN
ER
EXP
Y
LAKESHORE BLVD
D EM OG R A P H I CS TRAFFIC COUNT The average daily traffic along King Street East at Sherbourne is 43,626 vehicles
•
TRADE AREA POPULATION
AVERAGE HOUSEHOLD INCOME
1 km - 36,416
1 km - $94,204
3 km - 216,236
3 km - $92,445
5 km - 426, 897
5 km - $111,725
King Street streetcar route averages 47,300 weekday riders
EX TE RIO R R E N D E R I NG
F L OOR PL A N S RETAIL A - 2,638 SF
KING STREET EAST
1,351 SF
1,287 SF
N
SHERBOURNE STREET
F L OOR PL A N S RETAIL B - 1,149 SF
1,149 SF
N
SHERBOURNE STREET
TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS
