5221 PORTAGE AVENUE
HEADINGLEY COMMERCIAL INVESTMENT OPPORTUNITY
5221 PORTAGE AVENUE HEADINGLEY, MANITOBA
SUBJECT
FEBRUARY 2014
Exclusive Advisors: COLLIERS NATIONAL INVESTMENT SERVICES | WINNIPEG
Brian Taillieu Colliers International, Brian Taillieu National Investment Services 204.926.3842 [email protected]
www.colliers.com
Don White, CFA CGA Colliers International, Don White National Investment Services 204.926.3843 [email protected]
Colliers International National Investment Services 5th Floor - 305 Broadway Winnipeg, Manitoba R3C 3J7 Ph. 204.943.1600
5221 PORTAGE AVENUE Headingley, Manitoba Colliers National Investment Services in Winnipeg is pleased to offer for sale 5221 Portage Avenue, a high profile single-tenant commercial property located in Headingley, Manitoba. Key attributes of the offering include:
DESIRABLE PORTAGE AVENUE LOCATION Single-tenant commercial user or investment opportunity in the business corridor of Headingley on Portage Avenue. As the former sales and manufacturing facility for McDiarmid Homes, the property has a strong storefront profile with ~400 ft. of frontage and excellent Portage Avenue visibility and exposure. There is direct access off Portage Avenue and also additional access off Monterey Road.
APPEAL TO A LARGE VARIETY OF USERS The property has retail storefront profile, a large site area, adequate warehouse or manufacturing ceiling heights, and 2 overhead loading doors. These features will appeal to a broad range of commercial uses including retail, showroom, and light manufacturing businesses such as construction and pre-fabrication builders, automotive sales and repairs, parts and service dealers, equipment rental businesses, etc.
LOW SITE DENSITY AND FULLY PAVED LOT Extremely low site density of 13% providing prospective users/tenants with potential for future expansion to the building, plentiful compound storage or staging areas, and excess parking capability given the lot is fully paved.
CLEAR TITLE INVESTMENT OFFERING The property is available clear of existing financial and management encumbrances enabling purchasers with differing debt and operating structures to optimize the investment for their portfolio or business.
5221 PORTAGE AVENUE
Lyon Street
Simmons Drive
Headingley, Manitoba
Portage Avenue
SALIENT DETAILS Parking:
Abundant noting that the majority of the lot is fully paved and has a site density of 13%.
Property Taxes (2013):
$25,716 or $1.59 PSF
Building Size:
16,176 square feet
Site Area:
2.86 acres
Year Built:
The original warehouse of 4,320 sf was built in 1975. Warehouse and office additions of 4,328 sf and 7,528 sf respectively were added on in 1984.
Ownership:
Superior Builders Limited
Offering Price:
$2,250,000 ($139 per square foot) with offers to be submitted to Colliers on behalf of the Vendor.
PLEASE CONTACT THE EXCLUSIVE ADVISORS: Brian Taillieu Colliers International, Brian Taillieu National Investment Services 204.926.3842 [email protected]
Don White Colliers International, Don White National Investment Services 204.926.3843 [email protected]
Colliers International National Investment Services 5th Floor - 305 Broadway Winnipeg, Manitoba R3C 3J7 Ph. 204.943.1600
5221 PORTAGE AVENUE HEADINGLEY, MANITOBA
SUBJECT
FEBRUARY 2014
Exclusive Advisors: COLLIERS NATIONAL INVESTMENT SERVICES | WINNIPEG
Brian Taillieu Colliers International, Brian Taillieu National Investment Services 204.926.3842 [email protected]
www.colliers.com
Don White, CFA CGA Colliers International, Don White National Investment Services 204.926.3843 [email protected]
Colliers International National Investment Services 5th Floor - 305 Broadway Winnipeg, Manitoba R3C 3J7 Ph. 204.943.1600
5221 PORTAGE AVENUE Headingley, Manitoba Colliers National Investment Services in Winnipeg is pleased to offer for sale 5221 Portage Avenue, a high profile single-tenant commercial property located in Headingley, Manitoba. Key attributes of the offering include:
DESIRABLE PORTAGE AVENUE LOCATION Single-tenant commercial user or investment opportunity in the business corridor of Headingley on Portage Avenue. As the former sales and manufacturing facility for McDiarmid Homes, the property has a strong storefront profile with ~400 ft. of frontage and excellent Portage Avenue visibility and exposure. There is direct access off Portage Avenue and also additional access off Monterey Road.
APPEAL TO A LARGE VARIETY OF USERS The property has retail storefront profile, a large site area, adequate warehouse or manufacturing ceiling heights, and 2 overhead loading doors. These features will appeal to a broad range of commercial uses including retail, showroom, and light manufacturing businesses such as construction and pre-fabrication builders, automotive sales and repairs, parts and service dealers, equipment rental businesses, etc.
LOW SITE DENSITY AND FULLY PAVED LOT Extremely low site density of 13% providing prospective users/tenants with potential for future expansion to the building, plentiful compound storage or staging areas, and excess parking capability given the lot is fully paved.
CLEAR TITLE INVESTMENT OFFERING The property is available clear of existing financial and management encumbrances enabling purchasers with differing debt and operating structures to optimize the investment for their portfolio or business.
5221 PORTAGE AVENUE
Lyon Street
Simmons Drive
Headingley, Manitoba
Portage Avenue
SALIENT DETAILS Parking:
Abundant noting that the majority of the lot is fully paved and has a site density of 13%.
Property Taxes (2013):
$25,716 or $1.59 PSF
Building Size:
16,176 square feet
Site Area:
2.86 acres
Year Built:
The original warehouse of 4,320 sf was built in 1975. Warehouse and office additions of 4,328 sf and 7,528 sf respectively were added on in 1984.
Ownership:
Superior Builders Limited
Offering Price:
$2,250,000 ($139 per square foot) with offers to be submitted to Colliers on behalf of the Vendor.
PLEASE CONTACT THE EXCLUSIVE ADVISORS: Brian Taillieu Colliers International, Brian Taillieu National Investment Services 204.926.3842 [email protected]
Don White Colliers International, Don White National Investment Services 204.926.3843 [email protected]
Colliers International National Investment Services 5th Floor - 305 Broadway Winnipeg, Manitoba R3C 3J7 Ph. 204.943.1600
