charlemagne plaza for sale
CHARLEMAGNE PLAZA FOR SALE 470 CHARLEMAGNE BLVD.
A TCN Worldwide Member
390 MARCH ROAD, OTTAWA, ON OTTAWA (ORLEANS), ON Property highlights include: • ±20,960 SF Charlemagne Plaza anchored by Home Hardware with a 10-yr lease (ends Sept 2022) • Tenants include Home Hardware, Scotiabank, Magicuts, Parker Cleaners • Land size is ±74,878 SF (1.72 acres), frontage 271.52 ft & depth is 275.92 ft • Brick construction, circa 1996 • Building recently renovated to accommodate new Home Hardware tenant (facade, etc.) • Legal Description: Part Lot B, Conc 10, Part 1, 4R11808, Cumberland • Rental Income for 2016 estimated at $383,470 • Mortgage Details: Treat as Clear • 2016 Property Taxes: $89,778.04 • Asking Price: $5,490,000 PRIMECORP COMMERCIAL REALTY INC., BROKERAGE
Exclusively listed, please contact:
JOHANNA OAKLEY
AAIDA OAKLEY
613.722.2020 ext. 247 Mobile: 613.277.7643 [email protected]
613.722.2020 ext. 235 Mobile: 613.266.4270 [email protected]
Sales Representative
Broker
OTTAWA OFFICE
275 Bank Street, Suite 301 Ottawa, ON K2P 2L6 Tel: 613.722.2020 Fax: 613.722.9898
Commercial Investment Sales | Multi-Residential Investment Sales Retail Leasing | Office Leasing | Property Management
@Primecorp1
/Primecorp.Realty
WWW.PRIMECORP.CA Toll free : 1.888.720.2020
MAKING A DIFFERENCE LEASING & SELLING REAL ESTATE
CHARLEMAGNE PLAZA FOR SALE 470 CHARLEMAGNE BLVD.
A TCN Worldwide Member
390 MARCH ROAD, OTTAWA, ON OTTAWA (ORLEANS), ON
AERIAL VIEWS
These statements are based upon the information furnished by the principal and sources which we deem reliable for which we assume no responsibility. This submission is made subject to prior sale, changes in price or terms, or withdrawal with notice. Prospective purchasers or tenants should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation.
MAKING A DIFFERENCE LEASING & SELLING REAL ESTATE
OTTAWA TORONTO GATINEAU MONTREAL WWW.PRIMECORP.CA
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CHARLEMAGNE PLAZA FOR SALE 470 CHARLEMAGNE BLVD.
A TCN Worldwide Member
390 MARCH ROAD, OTTAWA, ON OTTAWA (ORLEANS), ON
RENT ROLL CHARLEMAGNE PLAZA - DEC 2016 Tenant Bank of Nova Scotia
Area 3,730
Lease Term Monthly Rent Annual Rent Per Sqft. Apr 1/97 - Mar 31/07 7,149.17 85,790.00 23.00 Apr 1/07 - Mar 31/12 7,770.83 93,250.00 25.00 Apr 1/12 - Mar 31/17 7,460.00 89,520.00 24.00 *Recently renewed for another 5 years at $24.00 Net
Parker Cleaners
859
July 1/16 - June 30/18
2,004.33
24,052.00
28.00
Magicuts
936
Apr 1/97 - Mar 31/98 Apr 1/98 - Mar 31/06 Apr 1/06 - Mar 31/07 Apr 1/07 - Mar 31/12 Apr 1/12 - Mar 31/17
1,560.00 1,533.35 1,801.67 1,891.50 1,891.50
18,720.00 18,400.20 21,620.04 22,698.00 22,698.00
20.00 19.66 23.10 24.25 24.25
Oct 1/15 - Sep 30/17 Oct 1/17 - Sep 30/20 Oct 1/20 - Sep 30/22
11,600.00 11,200.00 11,600.00
139,200.00 134,400.00 139,200.00
14.50 14.00 14.50
Home Hardware
9,600
2016
89,520.00
24,052.00
Net, Net Net, Net
22,698.00 139,200.00
Net, Net
275,470.00
Notes: Vacancy of 6,000 square feet with a potential rent of $18 psf Total
Recoveries Net, Net
108,000.00 $
383,470.00
These statements are based upon the information furnished by the principal and sources which we deem reliable for which we assume no responsibility. This submission is made subject to prior sale, changes in price or terms, or withdrawal with notice. Prospective purchasers or tenants should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation.
MAKING A DIFFERENCE LEASING & SELLING REAL ESTATE
OTTAWA TORONTO GATINEAU MONTREAL WWW.PRIMECORP.CA
Page
3
A TCN Worldwide Member
390 MARCH ROAD, OTTAWA, ON OTTAWA (ORLEANS), ON Property highlights include: • ±20,960 SF Charlemagne Plaza anchored by Home Hardware with a 10-yr lease (ends Sept 2022) • Tenants include Home Hardware, Scotiabank, Magicuts, Parker Cleaners • Land size is ±74,878 SF (1.72 acres), frontage 271.52 ft & depth is 275.92 ft • Brick construction, circa 1996 • Building recently renovated to accommodate new Home Hardware tenant (facade, etc.) • Legal Description: Part Lot B, Conc 10, Part 1, 4R11808, Cumberland • Rental Income for 2016 estimated at $383,470 • Mortgage Details: Treat as Clear • 2016 Property Taxes: $89,778.04 • Asking Price: $5,490,000 PRIMECORP COMMERCIAL REALTY INC., BROKERAGE
Exclusively listed, please contact:
JOHANNA OAKLEY
AAIDA OAKLEY
613.722.2020 ext. 247 Mobile: 613.277.7643 [email protected]
613.722.2020 ext. 235 Mobile: 613.266.4270 [email protected]
Sales Representative
Broker
OTTAWA OFFICE
275 Bank Street, Suite 301 Ottawa, ON K2P 2L6 Tel: 613.722.2020 Fax: 613.722.9898
Commercial Investment Sales | Multi-Residential Investment Sales Retail Leasing | Office Leasing | Property Management
@Primecorp1
/Primecorp.Realty
WWW.PRIMECORP.CA Toll free : 1.888.720.2020
MAKING A DIFFERENCE LEASING & SELLING REAL ESTATE
CHARLEMAGNE PLAZA FOR SALE 470 CHARLEMAGNE BLVD.
A TCN Worldwide Member
390 MARCH ROAD, OTTAWA, ON OTTAWA (ORLEANS), ON
AERIAL VIEWS
These statements are based upon the information furnished by the principal and sources which we deem reliable for which we assume no responsibility. This submission is made subject to prior sale, changes in price or terms, or withdrawal with notice. Prospective purchasers or tenants should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation.
MAKING A DIFFERENCE LEASING & SELLING REAL ESTATE
OTTAWA TORONTO GATINEAU MONTREAL WWW.PRIMECORP.CA
Page
2
CHARLEMAGNE PLAZA FOR SALE 470 CHARLEMAGNE BLVD.
A TCN Worldwide Member
390 MARCH ROAD, OTTAWA, ON OTTAWA (ORLEANS), ON
RENT ROLL CHARLEMAGNE PLAZA - DEC 2016 Tenant Bank of Nova Scotia
Area 3,730
Lease Term Monthly Rent Annual Rent Per Sqft. Apr 1/97 - Mar 31/07 7,149.17 85,790.00 23.00 Apr 1/07 - Mar 31/12 7,770.83 93,250.00 25.00 Apr 1/12 - Mar 31/17 7,460.00 89,520.00 24.00 *Recently renewed for another 5 years at $24.00 Net
Parker Cleaners
859
July 1/16 - June 30/18
2,004.33
24,052.00
28.00
Magicuts
936
Apr 1/97 - Mar 31/98 Apr 1/98 - Mar 31/06 Apr 1/06 - Mar 31/07 Apr 1/07 - Mar 31/12 Apr 1/12 - Mar 31/17
1,560.00 1,533.35 1,801.67 1,891.50 1,891.50
18,720.00 18,400.20 21,620.04 22,698.00 22,698.00
20.00 19.66 23.10 24.25 24.25
Oct 1/15 - Sep 30/17 Oct 1/17 - Sep 30/20 Oct 1/20 - Sep 30/22
11,600.00 11,200.00 11,600.00
139,200.00 134,400.00 139,200.00
14.50 14.00 14.50
Home Hardware
9,600
2016
89,520.00
24,052.00
Net, Net Net, Net
22,698.00 139,200.00
Net, Net
275,470.00
Notes: Vacancy of 6,000 square feet with a potential rent of $18 psf Total
Recoveries Net, Net
108,000.00 $
383,470.00
These statements are based upon the information furnished by the principal and sources which we deem reliable for which we assume no responsibility. This submission is made subject to prior sale, changes in price or terms, or withdrawal with notice. Prospective purchasers or tenants should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation.
MAKING A DIFFERENCE LEASING & SELLING REAL ESTATE
OTTAWA TORONTO GATINEAU MONTREAL WWW.PRIMECORP.CA
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