First Class Office Building with Income
FOR SALE > OWNER/USER OPPORTUNITY
First Class Office Building with Income 80 Micro court, Markham, ON L3R 9Z5
Property Features > Income opportunity: partially leased to a long term investment grade tenant > Ownership opportunity: Two floors - 55,643 SF available for occupancy > Parking: covered and surface parking. Ratio of 3.9 spaces/1,000 SF leased > Exceptionally well maintained and landscaped > Easy highway access and bus stop within steps > Signage and branding exclusivity
Property Description 80 Micro Court represents an opportunity to acquire a first class 3-storey modern office building totaling 84,364 square feet in Markham, Canada’s High Tech Capital. Constructed as a multi-tenant building, this is a rare opportunity for a company to occupy part of the building (55,643 square feet unoccupied) while enjoying the benefit of income from the second floor which is fully leased to an investment grade tenant, Toyota Credit Canada Inc.
Sale Price: $12,500,000.00 Original Sale Price: $13,800,000.00
> Building floor plates allow for flexible tenant sizes and design
* PRICE REDUCTION *
FOR SALE > OWNER/USER OPPORTUNITY
First Class Office Building with Income 80 Micro court, Markham, ON L3R 9Z5 TOTAL BUILDING SIZE:
84,364 SF
AVAILABLE SPACE:
SUITE 100
4,941 SF
SUITE 102
13,842 SF
SUITE 104
8,460 SF
SUITE 300
28,760 SF
TOTAL
55,643 SF
TENANCY
34% LEASED - 28,721 SF ON THE 2ND FLOOR TOYOTA CREDIT CANADA INC. UNTIL NOV. 30, 2018
SITE AREA:
3.46 ACRES
ZONING:
MC 100%
FLOORS:
3
ACCESSIBILITY:
WHEELCHAIR ACCESSIBLE
TAXES (2013):
$11.53 PSF (ESTIMATED) EXCLUDES MANAGEMENT FEES
ACCESS:
NEW BIRCHMOUNT ROAD DIRECT ACCESS TO NEW MARKHAM CITY CENTRE AT HWY 407
PARKING:
PARKING RATIO > 3.9/1,000 SF - LEASED 65 COVERED STALLS 265 SURFACE STALLS
Contact Us janet leitch* Senior Vice President +1 416 791 7211 [email protected] wendy spencer Sales Representative +1 416 791 7224 [email protected]
COLLIERS INTERNATIONAL 245 Yorkland Boulevard Suite 200 Toronto, ON M2J 4W9 MAIN: +1 416 777 2200 FAX: +1 416 492 0100 www.colliers.com/toronto
* Sales Representative ** Broker 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
First Class Office Building with Income 80 Micro court, Markham, ON L3R 9Z5
Property Features > Income opportunity: partially leased to a long term investment grade tenant > Ownership opportunity: Two floors - 55,643 SF available for occupancy > Parking: covered and surface parking. Ratio of 3.9 spaces/1,000 SF leased > Exceptionally well maintained and landscaped > Easy highway access and bus stop within steps > Signage and branding exclusivity
Property Description 80 Micro Court represents an opportunity to acquire a first class 3-storey modern office building totaling 84,364 square feet in Markham, Canada’s High Tech Capital. Constructed as a multi-tenant building, this is a rare opportunity for a company to occupy part of the building (55,643 square feet unoccupied) while enjoying the benefit of income from the second floor which is fully leased to an investment grade tenant, Toyota Credit Canada Inc.
Sale Price: $12,500,000.00 Original Sale Price: $13,800,000.00
> Building floor plates allow for flexible tenant sizes and design
* PRICE REDUCTION *
FOR SALE > OWNER/USER OPPORTUNITY
First Class Office Building with Income 80 Micro court, Markham, ON L3R 9Z5 TOTAL BUILDING SIZE:
84,364 SF
AVAILABLE SPACE:
SUITE 100
4,941 SF
SUITE 102
13,842 SF
SUITE 104
8,460 SF
SUITE 300
28,760 SF
TOTAL
55,643 SF
TENANCY
34% LEASED - 28,721 SF ON THE 2ND FLOOR TOYOTA CREDIT CANADA INC. UNTIL NOV. 30, 2018
SITE AREA:
3.46 ACRES
ZONING:
MC 100%
FLOORS:
3
ACCESSIBILITY:
WHEELCHAIR ACCESSIBLE
TAXES (2013):
$11.53 PSF (ESTIMATED) EXCLUDES MANAGEMENT FEES
ACCESS:
NEW BIRCHMOUNT ROAD DIRECT ACCESS TO NEW MARKHAM CITY CENTRE AT HWY 407
PARKING:
PARKING RATIO > 3.9/1,000 SF - LEASED 65 COVERED STALLS 265 SURFACE STALLS
Contact Us janet leitch* Senior Vice President +1 416 791 7211 [email protected] wendy spencer Sales Representative +1 416 791 7224 [email protected]
COLLIERS INTERNATIONAL 245 Yorkland Boulevard Suite 200 Toronto, ON M2J 4W9 MAIN: +1 416 777 2200 FAX: +1 416 492 0100 www.colliers.com/toronto
* Sales Representative ** Broker 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
