RETAIL FOR LEASE 545
545 KING STREET WEST
CONTACT:
545 RETAIL FOR LEASE KING STREET WEST
Jeff Thomas Managing Partner & Broker 416 205 9222 ext 221 [email protected]
Graham Smith Sales Representative 416 205 9222 ext 225 [email protected]
1
TORONTO, ONTARIO
ASHLAR URBAN REALTY INC. REAL ESTATE BROKERAGE 166 Pearl Street
Suite 300 Toronto, ON M5H 1L3 T 416 205 9222 F 416 205 9228 www.ashlarurban.com
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.
545 KING STREET WEST
11
NEIGHBOURHOOD MAP
NEIGHBOURHOOD MAP
1 Crush Wine Bar
8 F Stop
15 Blowfish
2 Lee
9 Bloke & Forth
16 Gusto 101
3 Scarpetta
10 Spice Route
5 Buca
4 Brassaii
11 Weslodge
12 WVRST
6 Jacob’s Steakhouse
13 Cobra
7 Rodney’s Oyster House
14 Bier Markt
17 Wheat Sheaf
ASHLAR URBAN REALTY INC.
REAL REAL ESTATE ESTATE BROKERAGE BROKERAGE 166 166 Pearl Street
Suite 300 Toronto, ON M5H 1L3 T 416 205 9222 F 416 205 9228 www.ashlarurban.com
545 KING STREET WEST
2
DETAILS
DEMOGRAPHICS Daytime Population Within 2km of King and Bathurst: Nighttime Population Within 2km of King and Bathurst: Dominant Age Group: Educational Level: Average Annual Income:
280,000 85,000 25-34 University $70,000
Office Buildings on King Street West: Total Size: Office Buildings in Downtown West Market: Total Size: Current Vacancy Rate:
24 2,042,537 SF 121 13,542,852 SF 5.2%
Active Residential Developments in the Downtown West: Total Number of Residential Units in Active Developments: Total Size of Residential Units in Active Developments: Average Unit Price:
82 24,171 19,747,000 SF $553,330
545 KING STREET WEST
1
DETAILS GROUND FLOOR:
5,683 SF
NET RENT:
Call Listing Agents
ADDITIONAL RENT:
$17.75
AVAILABLE:
November 1, 2013
TERM: 10 years
COMMENTS • Flagship retail opportunity located in the heart of the King West entertainment district • Premier exposure and signage opportunity • Complete building retrofit underway featuring new mechanical systems • Venting systems in place for restaurant use • Great pedestrian and vehicular traffic • Retail premises can be demised
ASHLAR URBAN REALTY INC.
REAL ESTATE BROKERAGE 166 Pearl Street
Suite 300 Toronto, ON M5H 1L3 T 416 205 9222 F 416 205 9228 www.ashlarurban.com
KING STREET WEST N
Tenant Space No. 1
Future Washroom
3,708 ft²
5,683 ft²
Gross Rentable Area
Future Washroom
528 m²
Existing 1 Storey Stucco Building
Tenant Space
344 m²
LEGEND:
Space No. 1
545 King Street West
Space No. 2 15 May 2013
Toronto, Ontario
545 KING STREET WEST
Existing 2 Storey Brick Building
Water Meter Room
Project No. 12097
Transformer Vault
Loading
Potential Lobby
Tenant Space No. 2
0
1
2
5m
1:200
FLOOR LEVEL 1
Suite 300 Toronto, ON M5H 1L3 T 416 205 9222 F 416 205 9228 www.ashlarurban.com
Potential Tenant Kitchen
REAL ESTATE BROKERAGE 166 Pearl Street
Extent of Second Floor Above
Electrical Room
Tel. Room
ASHLAR URBAN REALTY INC.
Proposed Skylight Above
Future Restaurant Kitchen
Potential Lobby
S
Quadrangle Architects Limited 901 King Street West, Suite 701 Toronto, ON M5V 3H5
E W
3
545 KING STREET WEST FLOOR PLANS
FLOOR PLANS
FIRST LEVEL RETAIL
545 KING STREET WEST DOWNTOWN WEST
downtown west neighbourhood context: King west King West Village has experienced a dramatic transformation over the past decade. It is now one of Toronto’s top destinations for chic condo living, trendy restaurants, boutique fitness clubs and shopping. This neighborhood is bordered by Spadina, Shaw, Richmond and Niagara. Liberty Village is to the West and The Toronto Harbourfront to the South. Originally, King West Village consisted of just a few condominium buildings located at King and Bathurst as it was once mainly an industrial zone. A founding factor, which continues to contribute to the appeal of this neighborhood, is its rich history. Numerous historic and factory buildings line King and Wellington streets. Many of these buildings have been converted to unique loft style retail, residential and commercial spaces thereby adding gentrified charm to this continually evolving area. The Wheat Sheaf Tavern, located at King and Bathurst, has been a neighborhood fixture for more than 150 years. This tavern boasts the longest standing liquor license in The City of Toronto. Adding to the neighborhood’s heritage, Victoria Memorial Park as a dedication to the War of 1812; this park is currently undergoing a $1 million restoration. King West Village allows its residents to enjoy a convenient and balanced lifestyle with numerous parks and fitness centre’s in this area. Not to mention the close proximity to the Lakeshore Boardwalk and Toronto Waterfront. Neighborhood parks include Trinity Bellwood’s Park, Coronation Park and Marilyn Bell Park. King West Village is home to an affluent demographic; it consists mainly of single professionals, young families, and even some retired couples, this area is considered to be a modern urban residential oasis by many. King West Village is a short walk from Toronto’s downtown and financial core, making it an ideal residential area for the aforementioned demographic. The King Streetcar and Bathurst Streetcar connect travelers to Toronto’s Subway lines within minutes. King West Village is highly regarded for its trendy art galleries, bars, shops and restaurants. Some of Toronto’s most acclaimed restaurants which are located within King West Village include; Crush, Brassaii, Blowfish and Weslodge. Adding to the buzz in this region is the presence of many of Toronto’s top advertising agencies, architects and publishers. Several of Toronto’s major destinations including the Rogers Centre, Air Canada Centre, Exhibition Place, Toronto Harbourfront, Toronto’s Island Airport, Historic Fort York and Toronto Island are all within minutes of King West Village. King West Village is alive with development; numerous exciting new urban condominiums are being constructed as more people migrate to this region every year for its lifestyle conveniences and amenities.
201
Invested in
Who we are Hullmark Developments is a well-established, third-generation real estate investment company with over 60 years of expertise creating successful communities in Toronto. We are respected throughout the industry for both the quality of our residential, commercial, retail developments and our strong focus on customer service.
Our Values People now want to live, shop and work in the downtown core. Employers and retailers have shifted their focus to meet this new demand. We are focused on creating new, and enhancing existing “live, work, play” environments through the development of innovative, design-forward properties. We maintain a strong tradition of responsible stewardship and sustainable investing, operating with honesty, integrity and a focus on developing lasting relationships. We treat our tenants as long-term partners and look to support the growth of their businesses. We believe that if a tenant prospers, the landlord will inherently benefit.
HULLMARK CENTRE Hullmark Centre is our signature One Million square feet commercial, retail and residential development at Yonge and Sheppard in Downtown North York. Developed in partnership with Tridel, Hullmark Centre is a truly visionary mixed-use development including Class A office space, premium retail including Whole Foods, two prestigious condominium towers and direct access to both the Yonge and Sheppard TTC subway lines.
60 ATLANTIC AVENUE 60 Atlantic is located in the heart of Liberty Village. Built in 1898, this industrial building has had many lives. Once a wine storage facility and a munitions warehouse, 60 Atlantic’s most recent use included art studios. Hullmark’s redevelopment plan calls for the adaptive reuse of the existing building to create a first-class boutique office, retail and restaurant hub.
ADDITIONAL PROJECTS
545 KING WEST King Street West, considered by many as the “cool” capital of Canada, is teeming with world class restaurants, corporate head offices, nightlife and luxury residential buildings. Hullmark plans to completely renovate the existing building, transforming 545 King W into a new landmark address that will be home to only the very best office, retail and restaurant tenants.
100 BROADVIEW 100 Broadview Avenue is located in Riverside, the newest retail and restaurant destination in the City. It is close to transit, highways and the new West Don Lands park and Pan Am Village. 100 Broadview is a breakthrough new corporate address in the east side of Toronto that combines updated building systems, large floor plates and revolutionary design.
619 QUEEN WEST In February 2008, a fire devastated this stretch of Queen West, which was home to several heritage buildings. Using this context rather than ignoring it, Hullmark is developing a new retail building with an iconic façade paying homage to the previous building through an interpretative contemporary design. At 619 Queen Street West, the past will meet the future as one.
For further information regarding Hullmark’s exciting Commercial portfolio please contact: Aly Damji Vice President – Commercial Real Estate HULLMARK DEVELOPMENTS LTD. E: [email protected] P: 416.510.1700
CONTACT:
545 RETAIL FOR LEASE KING STREET WEST
Jeff Thomas Managing Partner & Broker 416 205 9222 ext 221 [email protected]
Graham Smith Sales Representative 416 205 9222 ext 225 [email protected]
1
TORONTO, ONTARIO
ASHLAR URBAN REALTY INC. REAL ESTATE BROKERAGE 166 Pearl Street
Suite 300 Toronto, ON M5H 1L3 T 416 205 9222 F 416 205 9228 www.ashlarurban.com
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.
545 KING STREET WEST
11
NEIGHBOURHOOD MAP
NEIGHBOURHOOD MAP
1 Crush Wine Bar
8 F Stop
15 Blowfish
2 Lee
9 Bloke & Forth
16 Gusto 101
3 Scarpetta
10 Spice Route
5 Buca
4 Brassaii
11 Weslodge
12 WVRST
6 Jacob’s Steakhouse
13 Cobra
7 Rodney’s Oyster House
14 Bier Markt
17 Wheat Sheaf
ASHLAR URBAN REALTY INC.
REAL REAL ESTATE ESTATE BROKERAGE BROKERAGE 166 166 Pearl Street
Suite 300 Toronto, ON M5H 1L3 T 416 205 9222 F 416 205 9228 www.ashlarurban.com
545 KING STREET WEST
2
DETAILS
DEMOGRAPHICS Daytime Population Within 2km of King and Bathurst: Nighttime Population Within 2km of King and Bathurst: Dominant Age Group: Educational Level: Average Annual Income:
280,000 85,000 25-34 University $70,000
Office Buildings on King Street West: Total Size: Office Buildings in Downtown West Market: Total Size: Current Vacancy Rate:
24 2,042,537 SF 121 13,542,852 SF 5.2%
Active Residential Developments in the Downtown West: Total Number of Residential Units in Active Developments: Total Size of Residential Units in Active Developments: Average Unit Price:
82 24,171 19,747,000 SF $553,330
545 KING STREET WEST
1
DETAILS GROUND FLOOR:
5,683 SF
NET RENT:
Call Listing Agents
ADDITIONAL RENT:
$17.75
AVAILABLE:
November 1, 2013
TERM: 10 years
COMMENTS • Flagship retail opportunity located in the heart of the King West entertainment district • Premier exposure and signage opportunity • Complete building retrofit underway featuring new mechanical systems • Venting systems in place for restaurant use • Great pedestrian and vehicular traffic • Retail premises can be demised
ASHLAR URBAN REALTY INC.
REAL ESTATE BROKERAGE 166 Pearl Street
Suite 300 Toronto, ON M5H 1L3 T 416 205 9222 F 416 205 9228 www.ashlarurban.com
KING STREET WEST N
Tenant Space No. 1
Future Washroom
3,708 ft²
5,683 ft²
Gross Rentable Area
Future Washroom
528 m²
Existing 1 Storey Stucco Building
Tenant Space
344 m²
LEGEND:
Space No. 1
545 King Street West
Space No. 2 15 May 2013
Toronto, Ontario
545 KING STREET WEST
Existing 2 Storey Brick Building
Water Meter Room
Project No. 12097
Transformer Vault
Loading
Potential Lobby
Tenant Space No. 2
0
1
2
5m
1:200
FLOOR LEVEL 1
Suite 300 Toronto, ON M5H 1L3 T 416 205 9222 F 416 205 9228 www.ashlarurban.com
Potential Tenant Kitchen
REAL ESTATE BROKERAGE 166 Pearl Street
Extent of Second Floor Above
Electrical Room
Tel. Room
ASHLAR URBAN REALTY INC.
Proposed Skylight Above
Future Restaurant Kitchen
Potential Lobby
S
Quadrangle Architects Limited 901 King Street West, Suite 701 Toronto, ON M5V 3H5
E W
3
545 KING STREET WEST FLOOR PLANS
FLOOR PLANS
FIRST LEVEL RETAIL
545 KING STREET WEST DOWNTOWN WEST
downtown west neighbourhood context: King west King West Village has experienced a dramatic transformation over the past decade. It is now one of Toronto’s top destinations for chic condo living, trendy restaurants, boutique fitness clubs and shopping. This neighborhood is bordered by Spadina, Shaw, Richmond and Niagara. Liberty Village is to the West and The Toronto Harbourfront to the South. Originally, King West Village consisted of just a few condominium buildings located at King and Bathurst as it was once mainly an industrial zone. A founding factor, which continues to contribute to the appeal of this neighborhood, is its rich history. Numerous historic and factory buildings line King and Wellington streets. Many of these buildings have been converted to unique loft style retail, residential and commercial spaces thereby adding gentrified charm to this continually evolving area. The Wheat Sheaf Tavern, located at King and Bathurst, has been a neighborhood fixture for more than 150 years. This tavern boasts the longest standing liquor license in The City of Toronto. Adding to the neighborhood’s heritage, Victoria Memorial Park as a dedication to the War of 1812; this park is currently undergoing a $1 million restoration. King West Village allows its residents to enjoy a convenient and balanced lifestyle with numerous parks and fitness centre’s in this area. Not to mention the close proximity to the Lakeshore Boardwalk and Toronto Waterfront. Neighborhood parks include Trinity Bellwood’s Park, Coronation Park and Marilyn Bell Park. King West Village is home to an affluent demographic; it consists mainly of single professionals, young families, and even some retired couples, this area is considered to be a modern urban residential oasis by many. King West Village is a short walk from Toronto’s downtown and financial core, making it an ideal residential area for the aforementioned demographic. The King Streetcar and Bathurst Streetcar connect travelers to Toronto’s Subway lines within minutes. King West Village is highly regarded for its trendy art galleries, bars, shops and restaurants. Some of Toronto’s most acclaimed restaurants which are located within King West Village include; Crush, Brassaii, Blowfish and Weslodge. Adding to the buzz in this region is the presence of many of Toronto’s top advertising agencies, architects and publishers. Several of Toronto’s major destinations including the Rogers Centre, Air Canada Centre, Exhibition Place, Toronto Harbourfront, Toronto’s Island Airport, Historic Fort York and Toronto Island are all within minutes of King West Village. King West Village is alive with development; numerous exciting new urban condominiums are being constructed as more people migrate to this region every year for its lifestyle conveniences and amenities.
201
Invested in
Who we are Hullmark Developments is a well-established, third-generation real estate investment company with over 60 years of expertise creating successful communities in Toronto. We are respected throughout the industry for both the quality of our residential, commercial, retail developments and our strong focus on customer service.
Our Values People now want to live, shop and work in the downtown core. Employers and retailers have shifted their focus to meet this new demand. We are focused on creating new, and enhancing existing “live, work, play” environments through the development of innovative, design-forward properties. We maintain a strong tradition of responsible stewardship and sustainable investing, operating with honesty, integrity and a focus on developing lasting relationships. We treat our tenants as long-term partners and look to support the growth of their businesses. We believe that if a tenant prospers, the landlord will inherently benefit.
HULLMARK CENTRE Hullmark Centre is our signature One Million square feet commercial, retail and residential development at Yonge and Sheppard in Downtown North York. Developed in partnership with Tridel, Hullmark Centre is a truly visionary mixed-use development including Class A office space, premium retail including Whole Foods, two prestigious condominium towers and direct access to both the Yonge and Sheppard TTC subway lines.
60 ATLANTIC AVENUE 60 Atlantic is located in the heart of Liberty Village. Built in 1898, this industrial building has had many lives. Once a wine storage facility and a munitions warehouse, 60 Atlantic’s most recent use included art studios. Hullmark’s redevelopment plan calls for the adaptive reuse of the existing building to create a first-class boutique office, retail and restaurant hub.
ADDITIONAL PROJECTS
545 KING WEST King Street West, considered by many as the “cool” capital of Canada, is teeming with world class restaurants, corporate head offices, nightlife and luxury residential buildings. Hullmark plans to completely renovate the existing building, transforming 545 King W into a new landmark address that will be home to only the very best office, retail and restaurant tenants.
100 BROADVIEW 100 Broadview Avenue is located in Riverside, the newest retail and restaurant destination in the City. It is close to transit, highways and the new West Don Lands park and Pan Am Village. 100 Broadview is a breakthrough new corporate address in the east side of Toronto that combines updated building systems, large floor plates and revolutionary design.
619 QUEEN WEST In February 2008, a fire devastated this stretch of Queen West, which was home to several heritage buildings. Using this context rather than ignoring it, Hullmark is developing a new retail building with an iconic façade paying homage to the previous building through an interpretative contemporary design. At 619 Queen Street West, the past will meet the future as one.
For further information regarding Hullmark’s exciting Commercial portfolio please contact: Aly Damji Vice President – Commercial Real Estate HULLMARK DEVELOPMENTS LTD. E: [email protected] P: 416.510.1700
