Bracebridge Square - Colliers Canada
RETAIL INVESTMENT OPPORTUNITY
Bracebridge Square 295 WELLINGTON STREET, BRACEBRIDGE, ONTARIO
RETAIL INVESTMENT TEAM DAVID WILLIAMS* Senior Vice President +1 416 643 3753 [email protected]
YASH KUMAR Sales Representative +1 416 791 7243 [email protected]
RETAIL INVESTMENT OPPORTUNITY
Bracebridge Square 295 WELLINGTON STREET, BRACEBRIDGE, ONTARIO
source: maps.google.ca
Property
Anchor Tenants
Property
Anchor Tenants
Bracebrdige Square
Tim Hortons, Mac’s Convenience
5
Bracebridge Shopping Centre
Former Zellers, LCBO, The Beer Store, Metro
1
220 Wellington Court
Your Independent Grocer
6
125 Highway 118W
Crabby Joes, Rogers
2
50 Highway 118W
TD Bank
7
55 Highway 118W
Rexall Pharmacy
3
450 Highway 118W
Canadian Tire
8
20 Depot Drive
Home Depot
4
500 Highway 118W
Dollarama, BMO, Marks Work Warehouse
9
40 Depot Drive
Walmart
RETAIL INVESTMENT OPPORTUNITY
Bracebridge Square 295 WELLINGTON STREET, BRACEBRIDGE, ONTARIO
TENANTS PROFILES Tenant
Premises (SF)
Profile
2,671
Tim Hortons was founded in 1964. There are more than 3,000 locations across Canada and 600 locations in the United States. Tim Hortons trades on the NYSE and TSX.
2,360
Mac's Convenience Stores was incorporated in 1962 and has been owned and operated by Alimentation Couche-Tard since 1999. Couche-Tard is the largest convenience store operator in Canada with a network of over 5,800 stores, more than 4,100 of which offer motor fuel. These stores are located across 10 Canadian provinces in three geographic markets (East, Centre and West), operating under the Couche-Tard and Mac's trademarks.
3,833
Kawartha Credit Union is one of the fastest-growing credit unions in Ontario. Kawartha employs over 325 people, and serves 50,000 members in Central and Eastern Ontario with 25 branches.
1,834
Subway is an American restaurant franchise that was founded in 1965. Subway is one of the fastest growing franchises in the world with 37,000 restaurants in 100 countries and territories as of June 27, 2012.
1,840
Telus is a national telecommunications company in Canada and was founded in 1990 in Alberta. Telus is headquartered in British Columbia, has over 41,000 employees and is a publicly traded company.
1,205
Pizzaville was founded in 1963 and has 63 locations across Ontario.
RETAIL INVESTMENT OPPORTUNITY
Bracebridge Square 295 WELLINGTON STREET, BRACEBRIDGE, ONTARIO
The Opportunity Colliers International is pleased to present an opportunity to purchase a quality retail investment property located 295 Wellington Street, Bracebridge, Ontario > > > > > > >
40,783 square foot retail plaza situated on approximately 3.77 acres 100% leased to a mixture of quality long term tenants 75% of NOI generated from national and regional tenants Well located at the busy intersection of Wellington Street & Highway 118 W. Income growth through contractual rent escalations Excellent visibility and good access to the property Newly completed roof and paving of parking lot
Property Features Offering Site Area
> 3.77 acres
> $11,400,000
Gross Leasable Area
> 40,783 SF
> 6.1% Cap Rate
Occupancy
> 100%
Number of Tenants
> 20 Tenants plus Gas Bar
Parking
> 250 stalls (6.13 per 1,000 SF)
Year 1 NOI
> $695,338
For the full Confidential Investment Memorandum, please contact: DAVID WILLIAMS* YASH KUMAR Senior Vice President Sales Representative +1 416 643 3753 +1 416 791 7243 [email protected] [email protected] This document/email has been prepared by 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). © 2014. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage. *Sales Representative, **Broker
Bracebridge Square 295 WELLINGTON STREET, BRACEBRIDGE, ONTARIO
RETAIL INVESTMENT TEAM DAVID WILLIAMS* Senior Vice President +1 416 643 3753 [email protected]
YASH KUMAR Sales Representative +1 416 791 7243 [email protected]
RETAIL INVESTMENT OPPORTUNITY
Bracebridge Square 295 WELLINGTON STREET, BRACEBRIDGE, ONTARIO
source: maps.google.ca
Property
Anchor Tenants
Property
Anchor Tenants
Bracebrdige Square
Tim Hortons, Mac’s Convenience
5
Bracebridge Shopping Centre
Former Zellers, LCBO, The Beer Store, Metro
1
220 Wellington Court
Your Independent Grocer
6
125 Highway 118W
Crabby Joes, Rogers
2
50 Highway 118W
TD Bank
7
55 Highway 118W
Rexall Pharmacy
3
450 Highway 118W
Canadian Tire
8
20 Depot Drive
Home Depot
4
500 Highway 118W
Dollarama, BMO, Marks Work Warehouse
9
40 Depot Drive
Walmart
RETAIL INVESTMENT OPPORTUNITY
Bracebridge Square 295 WELLINGTON STREET, BRACEBRIDGE, ONTARIO
TENANTS PROFILES Tenant
Premises (SF)
Profile
2,671
Tim Hortons was founded in 1964. There are more than 3,000 locations across Canada and 600 locations in the United States. Tim Hortons trades on the NYSE and TSX.
2,360
Mac's Convenience Stores was incorporated in 1962 and has been owned and operated by Alimentation Couche-Tard since 1999. Couche-Tard is the largest convenience store operator in Canada with a network of over 5,800 stores, more than 4,100 of which offer motor fuel. These stores are located across 10 Canadian provinces in three geographic markets (East, Centre and West), operating under the Couche-Tard and Mac's trademarks.
3,833
Kawartha Credit Union is one of the fastest-growing credit unions in Ontario. Kawartha employs over 325 people, and serves 50,000 members in Central and Eastern Ontario with 25 branches.
1,834
Subway is an American restaurant franchise that was founded in 1965. Subway is one of the fastest growing franchises in the world with 37,000 restaurants in 100 countries and territories as of June 27, 2012.
1,840
Telus is a national telecommunications company in Canada and was founded in 1990 in Alberta. Telus is headquartered in British Columbia, has over 41,000 employees and is a publicly traded company.
1,205
Pizzaville was founded in 1963 and has 63 locations across Ontario.
RETAIL INVESTMENT OPPORTUNITY
Bracebridge Square 295 WELLINGTON STREET, BRACEBRIDGE, ONTARIO
The Opportunity Colliers International is pleased to present an opportunity to purchase a quality retail investment property located 295 Wellington Street, Bracebridge, Ontario > > > > > > >
40,783 square foot retail plaza situated on approximately 3.77 acres 100% leased to a mixture of quality long term tenants 75% of NOI generated from national and regional tenants Well located at the busy intersection of Wellington Street & Highway 118 W. Income growth through contractual rent escalations Excellent visibility and good access to the property Newly completed roof and paving of parking lot
Property Features Offering Site Area
> 3.77 acres
> $11,400,000
Gross Leasable Area
> 40,783 SF
> 6.1% Cap Rate
Occupancy
> 100%
Number of Tenants
> 20 Tenants plus Gas Bar
Parking
> 250 stalls (6.13 per 1,000 SF)
Year 1 NOI
> $695,338
For the full Confidential Investment Memorandum, please contact: DAVID WILLIAMS* YASH KUMAR Senior Vice President Sales Representative +1 416 643 3753 +1 416 791 7243 [email protected] [email protected] This document/email has been prepared by 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). © 2014. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage. *Sales Representative, **Broker
