medical office building - Colliers Canada

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COLLIERS HEALTHCARE SERVICES

MEDICAL OFFICE BUILDING 8333 WESTON ROAD | VAUGHAN, ON

FOR SALE

Colliers International (“the Advisor”) is pleased to represent this exclusive offering on behalf of the Vendor. Colliers is pleased to present an opportunity to acquire a fully leased medical office building in Vaughan, Ontario. The property is located at 8333 Weston Road, in the heart of the Woodbridge community. The property, which has a long history of serving the surrounding population, is leased to a full complement of medical services including 40 medical doctors, x-ray, lab and pharmacy. HIGHLIGHTS INCLUDE: >>The property is located mid-block on the east side of Weston Road, just northeast of Highway 400/Highway 7, in Vaughan >>The property is a modern four storey medical office building with a rentable area of approximately 57,815 SF, on a rectangular site area of 2.59 acres >>Full service medical building that is 100% leased to 32 tenants which includes a pharmacy, X-ray and Lab >>The property is anchored by 18 G.P.s/ Paediatricians and has a total of 40 practicing medical doctors in the building >>Paid parking at below market rates >>The Contractual Net Operating Income as of September 1st, 2017 is approximately $1,783,000

For more information, please contact: Huy Lam* Vice President +1 416 643 3769 [email protected]

Colliers International 181 Bay Street Suite 1400 Toronto, ON, M5J 2V1 MAIN +1 416 777 2200 FAX +1 416 777 2277 *Sales Representative **Broker

The property is being offered for sale unpriced. All parties will be required to execute a Confidentiality Agreement (“CA”) prior to receiving the Confidential Information Memorandum (“CIM”) or being given access to all property information. Please fax the executed CA to +1 416 777 2277, Attention: Huy Lam or e-mail to [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. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2017. All rights reserved. Colliers Macaulay Nicolls Inc., Brokerage. *Sales Representative **Broker