sean hyland motorsport
INVESTMENT OPPORTUNITY
SEAN HYLAND MOTORSPORT 691 JACK ROSS AVENUE, WOODSTOCK ONTARIO
CBRE Limited (“CBRE” or the “Advisor”) has been retained by Sean Hyland Motorsport Limited., (the “Vendor”) to arrange the sale and leaseback of a 100% freehold interest in building Jack Ross Avenue located in Woodstock, Ontario. The Portfolio is comprised of approximately 16,218 square feet on 1.5 acres of land. In conjunction with the sale of the Portfolio, it is the Vendor’s intention to leaseback the property for a 10-year period.
OFFERING HIGHLIGHTS • 691 Jack Ross Ave is located in light or general industrial zones and offer a variety of permitted uses • Opportunity to acquire competitive real estate at below replacement cost • Based on the proposed pricing and rental structure, this Portfolio offers an attractive yield • Founded in 1988, Sean Hyland Motorsport is a dealer for unique vehicles, engines and car parts and accessories. • Contractual rental growth can be built into long term carefree net leases • Contemporary buildings which were all built in 1999 and remains in excellent condition • 691 Jack Ross Avenue is being offered without any existing financing
INVESTMENT OPPORTUNITY
SEAN HYLAND MOTOR SPORT 691 JACK ROSS AVENUE, WOODSTOCK ONTARIO
PROPERTY FEATURES Building Size
16,218 Sq. Ft.
Frontage
148 Feet
Land Size
1.5 Acres
Bays
7
Zoning
M3-2
Year Built
1999
Taxes
$35,621.47
Power
600 V/ 200 Amps
Heating
Forced Air / Radiant
Location
Quick Access Highway
OFFERING PROCESS Offers will be evaluated based on a number of subjective factors, including the demonstrated wherewithal of the purchaser and the ability to pay cash or secure third party financing, the consideration being offered and strength of deposits, conditions, timing of closing and any other matters deemed relevant by CBRE and the Vendor. The Vendor reserves the right, in its sole discretion, to alter the offering process and reject any or all offers received.
CONTACT US Rick Spencer Broker Senior Sales Associate 519-286-2005 [email protected]
Tim Schnurr, HBA Sales Representative Vice President 519-286-2018 [email protected]
Greg Harris, CCIM Sales Representative Senior Sales Associate 519-286-2011 [email protected]
Voula Zervakos Sales Representative Client Services 519-286-2026 [email protected]
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.
www.cbre.ca/teamschnrr
SEAN HYLAND MOTORSPORT 691 JACK ROSS AVENUE, WOODSTOCK ONTARIO
CBRE Limited (“CBRE” or the “Advisor”) has been retained by Sean Hyland Motorsport Limited., (the “Vendor”) to arrange the sale and leaseback of a 100% freehold interest in building Jack Ross Avenue located in Woodstock, Ontario. The Portfolio is comprised of approximately 16,218 square feet on 1.5 acres of land. In conjunction with the sale of the Portfolio, it is the Vendor’s intention to leaseback the property for a 10-year period.
OFFERING HIGHLIGHTS • 691 Jack Ross Ave is located in light or general industrial zones and offer a variety of permitted uses • Opportunity to acquire competitive real estate at below replacement cost • Based on the proposed pricing and rental structure, this Portfolio offers an attractive yield • Founded in 1988, Sean Hyland Motorsport is a dealer for unique vehicles, engines and car parts and accessories. • Contractual rental growth can be built into long term carefree net leases • Contemporary buildings which were all built in 1999 and remains in excellent condition • 691 Jack Ross Avenue is being offered without any existing financing
INVESTMENT OPPORTUNITY
SEAN HYLAND MOTOR SPORT 691 JACK ROSS AVENUE, WOODSTOCK ONTARIO
PROPERTY FEATURES Building Size
16,218 Sq. Ft.
Frontage
148 Feet
Land Size
1.5 Acres
Bays
7
Zoning
M3-2
Year Built
1999
Taxes
$35,621.47
Power
600 V/ 200 Amps
Heating
Forced Air / Radiant
Location
Quick Access Highway
OFFERING PROCESS Offers will be evaluated based on a number of subjective factors, including the demonstrated wherewithal of the purchaser and the ability to pay cash or secure third party financing, the consideration being offered and strength of deposits, conditions, timing of closing and any other matters deemed relevant by CBRE and the Vendor. The Vendor reserves the right, in its sole discretion, to alter the offering process and reject any or all offers received.
CONTACT US Rick Spencer Broker Senior Sales Associate 519-286-2005 [email protected]
Tim Schnurr, HBA Sales Representative Vice President 519-286-2018 [email protected]
Greg Harris, CCIM Sales Representative Senior Sales Associate 519-286-2011 [email protected]
Voula Zervakos Sales Representative Client Services 519-286-2026 [email protected]
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.
www.cbre.ca/teamschnrr
