4585 KING STREET EAST Retail for Lease
4585 KING STREET EAST Retail for Lease Kitchener, ON
Prepared by: Greg Rabin*
Sales Associate 416-495-6306 [email protected]
Steven Weiss* LL.B, MBA Sales Associate 416-495-6317 [email protected]
Matthew Pieszchala
Sales Representative 416-495-6279 [email protected]
Michael Black*
Associate Vice President 519-340-2313 [email protected]
www.cbre.ca *Sales Representative CBRE Limited | Brokerage | 2001 Sheppard Avenue East | Suite 300 | Toronto, ON M2J 4Z8 | T 416 494 0600 | F 416 494 6435
Section 1 - Executive Summary Now available for lease is this beautiful centre in the Kitchener Sportsworld retail node on the south side of Kitchener. The Kitchener Sportsworld node is positioned in the centre of the Kitchener/Waterloo/Cambridge Trade Area. The site offers easy access to the major highways, with close proximity to Highway 401 and Highway 8, serving this market and is therefore a regional location. The space available is a nicely finished out former fitness centre of 5,503 SF formerly called The Gym. The Asking Rent is $22.00 NET Low TMI Estimated at $6.59 PSF High Ceilings: 18’2” clear Ample Parking Affluent Demographics; Average Household Income of $112,992 within 3 km Join other great tenants at this location; Structube and Goemans
Section 1 - Executive Summary; About the Tenants Structube: Stuctube is a specialty retailer of contemporary and modern home furnishings and accessories, offering exclusive designs at affordable prices. Stuctube boast beautifully merchandised stores that carry a unique range of quality products from around the world. With more then 30 stores and over 200 employees, the company’s commitment, dedication and vision to the lifestyles of their valued clients demonstrates their passion to enrich people’s lives and living space with wonderful home furnishings
Goeman’s Appliances: Goeman’s is a family owned business for more then 35 years. They are one of Canada’s largest independent appliance retailers and have grown to six location in Stoney Creek, St. Catharine's, Mississauga, Kitchener, London and Burlington. Their mission is to build loyal relationships with customers and employees in the community and to provide superior value and service throughout the purchasing experience.
Section 2 – Market Overview – Surrounding Area
Section 2 – Market Overview – Aerial of Site
SITE
Section 3 – Site Analysis – Site Plan
LEASED
5,503 SF Available
King Street East
Section 3 – Site Analysis – Floor Plan
Retable Area: 5,503 SF Clear Height: 18’2”
LEASED
Section 3 – Site Analysis - Photos
YOUR COMPANY NAME HERE
Pylon Signage
Ample Parking
End Unit
Section 4 – Demographics
2013 ESTIMATES & PROJECTIONS
4585 King Street E Trade Area
1 km
3 km
5 km
TOTAL POPULATION
813
15,261
50,821
HOUSEHOLDS
365
6,653
19,929
$112,923
$112,922
$100,994
645
23,744
62,321
32
667
1,967
5 Minute
10 Minute
TOTAL POPULATION
9,115
117,659
HOUSEHOLDS
3,795
45,891
$113,124
$91,159
AVE HOUSEHOLD INCOME
17,815
135,260
DAYTIME POPULATION
461
4,885
AVE HOUSEHOLD INCOME DAYTIME POPULATION TOTAL BUSINESSES
4585 King Street E Demos
2013 ESTIMATES & PROJECTIONS
TOTAL BUSINESSES
Section 5 – Retail Listing Team
Significant Team Assignments •
• •
• • • •
Steven brings over 20 years experience in real estate law, sales and leasing. He joined CBRE in 2008 and has worked with national & local accounts on the sale of real estate as well as leasing assignments throughout Ontario.
•
• •
Greg joined CBRE Limited from Dallas, Texas in 2010, bringing 29 years of retail experience including tenant representation, retail leasing, site acquisition, and retail development. Matthew is the newest addition to the Retail Listings Team. He is a recent Honors Graduate from the Real Estate & Housing Program at the University of Guelph.
•
• •
Sale of Ground Floor Commercial Condominium Units for Monarch Group in the Highly Sought After Nautilus Condominiums on Lakeshore new Parklawn Disposition of Former Bank Branches for CIBC and TD Canada Trust Leasing 41,000 SF Retail Development at Queensway & 427, Toronto (Queensway 427 Centre) Anchored by Bed, Bath and Beyond Leasing 150,000 SF Retail Centre in King City (King Ridge Market Place) Leasing & Sales Assignments for over 25 Retail Properties in the GTA Managing Shell Canada's Acquisition Program in Ontario & Across the Country Handling the Disposition of Over 60 Shell Canada Properties Throughout Ontario Opening 6 Panera Bread Cafes in 2012-2013 with a minimum of 30 additional locations anticipated in the future Leasing of the 50,000 SF Dixie Crossing in Mississauga ON Disposition/Sublease of Surplus Retail Stores for Rona, Office Depot & Sears Canada Represents Canadian Tire Corporation on three owned plazas in Kitchener, Cambridge and Brampton Represents Ren’s Pet Depot for new locations in Ontario Leasing of 15,000 SF for Domino’s/City of Brampton in the southwest quadrant renewal program in downtown Brampton
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“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 Information. 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 service 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. Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
Prepared by: Greg Rabin*
Sales Associate 416-495-6306 [email protected]
Steven Weiss* LL.B, MBA Sales Associate 416-495-6317 [email protected]
Matthew Pieszchala
Sales Representative 416-495-6279 [email protected]
Michael Black*
Associate Vice President 519-340-2313 [email protected]
www.cbre.ca *Sales Representative CBRE Limited | Brokerage | 2001 Sheppard Avenue East | Suite 300 | Toronto, ON M2J 4Z8 | T 416 494 0600 | F 416 494 6435
Section 1 - Executive Summary Now available for lease is this beautiful centre in the Kitchener Sportsworld retail node on the south side of Kitchener. The Kitchener Sportsworld node is positioned in the centre of the Kitchener/Waterloo/Cambridge Trade Area. The site offers easy access to the major highways, with close proximity to Highway 401 and Highway 8, serving this market and is therefore a regional location. The space available is a nicely finished out former fitness centre of 5,503 SF formerly called The Gym. The Asking Rent is $22.00 NET Low TMI Estimated at $6.59 PSF High Ceilings: 18’2” clear Ample Parking Affluent Demographics; Average Household Income of $112,992 within 3 km Join other great tenants at this location; Structube and Goemans
Section 1 - Executive Summary; About the Tenants Structube: Stuctube is a specialty retailer of contemporary and modern home furnishings and accessories, offering exclusive designs at affordable prices. Stuctube boast beautifully merchandised stores that carry a unique range of quality products from around the world. With more then 30 stores and over 200 employees, the company’s commitment, dedication and vision to the lifestyles of their valued clients demonstrates their passion to enrich people’s lives and living space with wonderful home furnishings
Goeman’s Appliances: Goeman’s is a family owned business for more then 35 years. They are one of Canada’s largest independent appliance retailers and have grown to six location in Stoney Creek, St. Catharine's, Mississauga, Kitchener, London and Burlington. Their mission is to build loyal relationships with customers and employees in the community and to provide superior value and service throughout the purchasing experience.
Section 2 – Market Overview – Surrounding Area
Section 2 – Market Overview – Aerial of Site
SITE
Section 3 – Site Analysis – Site Plan
LEASED
5,503 SF Available
King Street East
Section 3 – Site Analysis – Floor Plan
Retable Area: 5,503 SF Clear Height: 18’2”
LEASED
Section 3 – Site Analysis - Photos
YOUR COMPANY NAME HERE
Pylon Signage
Ample Parking
End Unit
Section 4 – Demographics
2013 ESTIMATES & PROJECTIONS
4585 King Street E Trade Area
1 km
3 km
5 km
TOTAL POPULATION
813
15,261
50,821
HOUSEHOLDS
365
6,653
19,929
$112,923
$112,922
$100,994
645
23,744
62,321
32
667
1,967
5 Minute
10 Minute
TOTAL POPULATION
9,115
117,659
HOUSEHOLDS
3,795
45,891
$113,124
$91,159
AVE HOUSEHOLD INCOME
17,815
135,260
DAYTIME POPULATION
461
4,885
AVE HOUSEHOLD INCOME DAYTIME POPULATION TOTAL BUSINESSES
4585 King Street E Demos
2013 ESTIMATES & PROJECTIONS
TOTAL BUSINESSES
Section 5 – Retail Listing Team
Significant Team Assignments •
• •
• • • •
Steven brings over 20 years experience in real estate law, sales and leasing. He joined CBRE in 2008 and has worked with national & local accounts on the sale of real estate as well as leasing assignments throughout Ontario.
•
• •
Greg joined CBRE Limited from Dallas, Texas in 2010, bringing 29 years of retail experience including tenant representation, retail leasing, site acquisition, and retail development. Matthew is the newest addition to the Retail Listings Team. He is a recent Honors Graduate from the Real Estate & Housing Program at the University of Guelph.
•
• •
Sale of Ground Floor Commercial Condominium Units for Monarch Group in the Highly Sought After Nautilus Condominiums on Lakeshore new Parklawn Disposition of Former Bank Branches for CIBC and TD Canada Trust Leasing 41,000 SF Retail Development at Queensway & 427, Toronto (Queensway 427 Centre) Anchored by Bed, Bath and Beyond Leasing 150,000 SF Retail Centre in King City (King Ridge Market Place) Leasing & Sales Assignments for over 25 Retail Properties in the GTA Managing Shell Canada's Acquisition Program in Ontario & Across the Country Handling the Disposition of Over 60 Shell Canada Properties Throughout Ontario Opening 6 Panera Bread Cafes in 2012-2013 with a minimum of 30 additional locations anticipated in the future Leasing of the 50,000 SF Dixie Crossing in Mississauga ON Disposition/Sublease of Surplus Retail Stores for Rona, Office Depot & Sears Canada Represents Canadian Tire Corporation on three owned plazas in Kitchener, Cambridge and Brampton Represents Ren’s Pet Depot for new locations in Ontario Leasing of 15,000 SF for Domino’s/City of Brampton in the southwest quadrant renewal program in downtown Brampton
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“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 Information. 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 service 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. Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
