49
49 SPADINA AVENUE TORONTO, ONTARIO
Partnership. Performance.
REVOLUTIONARY RETAIL LEASING OPPORTUNITY WITH SPECTACULAR BRANDING POTENTIAL Perfect Blend of Old and New at the Gateway to Toronto’s Evolving Retail Landscape Noah C. Avison* 416.673.4033
[email protected] Tyler Sopik, Principal* 416.673.4025
[email protected] AVAILABLE FOR LEASE TO R O N TO, O N TA R I O
Location
Highlights •
Location and visibility offers rare and powerful branding opportunity
Opportunities Option One
•
Building originally constructed in 1911
•
Extensive renovation of building exterior, and modernization of common areas currently underway
•
Family owned building, deeply established roots in local community, and traditional “hands-on” ownership philosophy
•
New loading dock completed, can accommodate large volume shipping and receiving
•
Landlord fully committed to re-positioning of 49 Spadina into prestige address, offering “best-in-class” quality and service
•
Floor to ceiling display windows on three sides
•
Neighbourhood demographics offer huge potential
Call Listing Agents for details
•
TTC streetcar stop at front door
Additional Rent (2014 Estimate)
Map
North of Front St. West, on the East side of Spadina Ave.
10,277 square feet on main and lower level, north and westfacing facades, comprised of: 6,961 sf on main floor 3,316 sf on lower level
Option Two
11,807 square feet on main and lower level, south and westfacing facades, comprised of: 7,000 sf on main floor 4,807 sf on lower level
Net Rent
$10.75 psf plus hydro
(approximate, not to scale)
Main Floor
QUEEN ST W
PETER ST
Exposed restored brick walls Hardwood floors sanded and varnished
Lower Level
Exposed restored brick walls Concrete Floors, in good state of repair, ready for tenant flooring
Clarence Square
49
SPADINA AVE
WELLINGTON ST W
UNIVERSITY AVE
KING ST W
BATHURST ST
• •
BLUE JAYS WAY
• •
FRONT ST W
LAKESHORE BLVD W GARDINER EXPY
Partnership. Performance.
Contact
Avison Young Commercial Real Estate (Ontario) Inc., Brokerage 18 York Street, Suite 400, Toronto, ON M5J 2T8 T 416.955.0000 F 416.955.0724 www.avisonyoung.com
Noah C. Avison* 416.673.4033
[email protected] Tyler Sopik, Principal* 416.673.4025
[email protected] The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.
*Sales Representative
AVAILABLE FOR LEASE TO R O N TO, O N TA R I O
Floorplans Main Floor
Lower Level
7,000 sf
6,961 sf
3,316 sf
4,807sf
Option One
Option Two
10,277 square feet on main and lower level, north and westfacing facades
11,807 square feet on main and lower level, south and westfacing facades
6,961 sf on main floor 3,316 sf on lower level
7,000 sf on main floor 4,807 sf on lower level
AVAILABLE FOR LEASE TO R O N TO, O N TA R I O
Floorplan Combined 22,084 square foot unit, with north, south and west-facing facades. 13,961 sf on main floor 8,123 sf on lower level
AVAILABLE FOR LEASE TO R O N TO, O N TA R I O
Technical Specs
Ceiling Heights • Main Floor: 12’-6” to underside of deck, 11’-1” to underside of structural beam •
Lobby Level: 8’3.5” to underside of deck, 6’10.5” to underside of structural beam. Note: Cut-backs will increase height to underside of structural beam 7’-9.5”
Loading Dock/ Shipping & Receiving •
Loading dock located at northeast end of building
•
Entrance off Clarence Square, providing easy access from Spadina Avenue
•
Covered Shipping & Receiving area, capable of accomodating 47-foot tractor-trailer
•
Dock levelers installed - 30,000 lb capacity
•
Direct connection to building’s shipping & receiving area, and freight elevator
•
Approximate freight elevator dimensions: 6’-5.5” wide x 6’9.5” deep x 7’0” tall
Partnership. Performance.
Contact
Avison Young Commercial Real Estate (Ontario) Inc., Brokerage 18 York Street, Suite 400, Toronto, ON M5J 2T8 T 416.955.0000 F 416.955.0724 www.avisonyoung.com
Noah C. Avison* 416.673.4033
[email protected] Electrical Capacity •
Will be delivered to perimeter of premises
•
2 x 200 amp 120/208 volt service will be provided to the premises
•
Additional capacity can be provided if required
HVAC •
To be supplied to perimeter of premises
•
Main Floor - 25 tons of cooling capacity, 1,000 cfm fresh air
•
Lobby Level - 15 tons of cooling capacity, 1,500 cfm fresh air
•
Heating provided through central hot water loop systems, can be delivered to premises through space-mounted radiator units (floor or ceiling), force flow (fan coils), hot water coils or duct-mounted coils
Floor Loading • 150 pounds per square foot live load capacity
Tyler Sopik, Principal* 416.673.4025
[email protected] The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.
*Sales Representative
AVAILABLE FOR LEASE TO R O N TO, O N TA R I O
49 SPADINA KEY MARKET DEMOGRAPHICS: 2013 ESTIMATES AND PROJECTIONS FROM 2011 CENSUS DATA Key Neighbourhood Demographics** Population Statistics: 1 KM radius of 49 Spadina Avenue
3 KM radius of 49 Spadina Avenue
5 KM radius of 49 Spadina Avenue
Totals
Change
% Change from previous
Totals
Change
% Change from previous
Totals
Change
% Change from previous
20,521
-
-
168,565
-
-
384,698
-
-
2011 Census Population
36,830
16,309
79%
216,418
47,853
28%
438,335
53,637
14%
2013 Census Population
40,799
3,969
11%
228,981
12,563
6%
454,300
15,965
4%
2006 estimated Population
Daytime Population
206,833
564,430
802,265
Daytime Employees
196,904
487,609
629,902
95%
86%
79%
Daytime Employees as % of base
University Degree or higher
Income:
Total
Percentage
Total
Percentage
Total
Percentage
18,962
56%
85,867
48%
154,917
45%
49 SPADINA KEY MARKET DEMOGRAPHICS: 2013 ESTIMATES AND PROJECTIONS FROM 2011 CENSUS DATA $95,392
$84,735
Alcoholic beverages
$44,800
$205,434
$365,604
Food
$184,618
$971,597
$1,929,073
Food Purchased in Restaurants
$84,079
$376,691
$667,308
Household furnishings
$40,150
$176,500
$331,500
Household equipment
$16,800
$85,700
$172,900
Clothing
$98,500
$492,922
$1,019,394
Recreation
$91,417
$487,386
$1,010,710
2013 Average Household Income
$97,762
Expenditures ($1,000):
**2013 Census Data
Partnership. Performance.
Contact
Avison Young Commercial Real Estate (Ontario) Inc., Brokerage 18 York Street, Suite 400, Toronto, ON M5J 2T8 T 416.955.0000 F 416.955.0724 www.avisonyoung.com
Noah C. Avison* 416.673.4033
[email protected] Tyler Sopik, Principal* 416.673.4025
[email protected] The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.
*Sales Representative