272 MAIN STREET
NATIONAL INVESTMENT SERVICES | WINNIPEG
272 MAIN STREET DOWNTOWN WINNIPEG INVESTMENT/USER OPPORTUNITY Winnipeg, Manitoba
Released July 2013
Tenant Signage Available
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Colliers International | www.collierscanada.com
BJ SU
Colliers International, on behalf of the Vendor, is very pleased to offer 272 Main Street for sale or lease. This property is strategically located in the heart of Winnipeg’s CBD and only steps from the corner of Portage & Main with close access to the heated indoor skywalk system and underground concourse, Winnipeg Square, and The Forks. This 5-storey heritage building has been substantially upgraded with over $1,000,000 re-invested since 2011 including new leveled concrete floors, re-furbished heritage façade, new windows, and two new elevators.
UE
Downtown Investment/User Opportunity
NATIONAL INVESTMENT SERVICES | WINNIPEG
272 MAIN STREET DOWNTOWN WINNIPEG INVESTMENT/USER OPPORTUNITY Highlights >> Exceptional downtown location only one block south of Portage and Main in Winnipeg’s Central Business District; >> Attractive main floor space with high ceilings and mezzanine making it ideal for restaurants, lounges, boutique retail or service tenancies; >> Unique heritage building with “loft like” high ceilings and large windows to allow natural light throughout; >> Opportunity for users or investors to complete their renovations to suit their specific needs; >> Over $1,000,000 has been re-invested in the building since 2011 including new leveled concrete floors, re-furbished heritage façade, new windows, and two new elevators; >> The typical 4,856 sf floor plate is a manageable size for many potential users and tenants; >> Signage opportunity with possible naming rights for prospective users in a prominent and easily identifiable Portage and Main location; and >> Available clear of financial encumbrances.
Asking Lease Rates Full floors are available for lease however the Vendor will consider subdividing if deemed reasonable. Please contact Sean Kliewer at 204-926-3824 for more information in this regard. Main Floor: $20.00 psf Net with a $25 Allowance psf, based on an acceptable tenant covenant and a minimum 5-year lease term (Approximately 5,000 sf is available on the first floor plus 845 sf of mezzanine space) Floors 2 to 5: $15.00 psf Net with a $25 Allowance psf, based on an acceptable tenant covenant and a minimum 5-year lease term (Approximately 4,856 sf is available on each floor)
Offered for sale at a minimum target price of $2,000,000 Please Contact Don White at 204-926-3843 for more details
Exclusive Agents For sales inquires please contact: COLLIERS INTERNATIONAL, DON WHITE CFA, CGA (Sales Lead) 204.926.3843 [email protected] For leasing inquires please contact: SEAN KLIEWER (Leasing Lead) 204.926.3824 [email protected] Colliers International
National Investment Services 5th Floor - 305 Broadway Winnipeg, Manitoba R3C 3J7 Ph. 204.943.1600
Colliers International | www.collierscanada.com This document has been prepared by Colliers International, Don White and Colliers International (referred to as “Colliers International”) for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2013. All rights reserved.
272 MAIN STREET DOWNTOWN WINNIPEG INVESTMENT/USER OPPORTUNITY Winnipeg, Manitoba
Released July 2013
Tenant Signage Available
272 MAIN
AVE N
FORT
MAIN
STRE E
T
STRE E
T
PO RTA GE
T EC
Colliers International | www.collierscanada.com
BJ SU
Colliers International, on behalf of the Vendor, is very pleased to offer 272 Main Street for sale or lease. This property is strategically located in the heart of Winnipeg’s CBD and only steps from the corner of Portage & Main with close access to the heated indoor skywalk system and underground concourse, Winnipeg Square, and The Forks. This 5-storey heritage building has been substantially upgraded with over $1,000,000 re-invested since 2011 including new leveled concrete floors, re-furbished heritage façade, new windows, and two new elevators.
UE
Downtown Investment/User Opportunity
NATIONAL INVESTMENT SERVICES | WINNIPEG
272 MAIN STREET DOWNTOWN WINNIPEG INVESTMENT/USER OPPORTUNITY Highlights >> Exceptional downtown location only one block south of Portage and Main in Winnipeg’s Central Business District; >> Attractive main floor space with high ceilings and mezzanine making it ideal for restaurants, lounges, boutique retail or service tenancies; >> Unique heritage building with “loft like” high ceilings and large windows to allow natural light throughout; >> Opportunity for users or investors to complete their renovations to suit their specific needs; >> Over $1,000,000 has been re-invested in the building since 2011 including new leveled concrete floors, re-furbished heritage façade, new windows, and two new elevators; >> The typical 4,856 sf floor plate is a manageable size for many potential users and tenants; >> Signage opportunity with possible naming rights for prospective users in a prominent and easily identifiable Portage and Main location; and >> Available clear of financial encumbrances.
Asking Lease Rates Full floors are available for lease however the Vendor will consider subdividing if deemed reasonable. Please contact Sean Kliewer at 204-926-3824 for more information in this regard. Main Floor: $20.00 psf Net with a $25 Allowance psf, based on an acceptable tenant covenant and a minimum 5-year lease term (Approximately 5,000 sf is available on the first floor plus 845 sf of mezzanine space) Floors 2 to 5: $15.00 psf Net with a $25 Allowance psf, based on an acceptable tenant covenant and a minimum 5-year lease term (Approximately 4,856 sf is available on each floor)
Offered for sale at a minimum target price of $2,000,000 Please Contact Don White at 204-926-3843 for more details
Exclusive Agents For sales inquires please contact: COLLIERS INTERNATIONAL, DON WHITE CFA, CGA (Sales Lead) 204.926.3843 [email protected] For leasing inquires please contact: SEAN KLIEWER (Leasing Lead) 204.926.3824 [email protected] Colliers International
National Investment Services 5th Floor - 305 Broadway Winnipeg, Manitoba R3C 3J7 Ph. 204.943.1600
Colliers International | www.collierscanada.com This document has been prepared by Colliers International, Don White and Colliers International (referred to as “Colliers International”) for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2013. All rights reserved.
