Suburban Class A Office Building
GRAHAM SMITH* 250 414 8390 [email protected]
GRANT EVANS* 250 414 8373 [email protected]
710 REDBRICK STREET, VICTORIA, BC
Suburban Class A Office Building FOR SALE OR LEASE > B N LA S R HA D
OPPING MAYFAIR SH CENTRE
Contact Us
RE T S ET
GRAHAM SMITH* 250 414 8390 [email protected] GRANT EVANS* +1 250 414 8373 [email protected]
TREE T FINLAYSON S
REDBRICK STRE
NANAI MO
ET
COLLIERS INTERNATIONAL 1175 Douglas Street, Suite 1110 Victoria, BC V8W 2E1 MAIN: +1 250 388 6454 FAX: +1 250 382 3564 www.collierscanada.com/victoria
This document 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 Brokerage Inc. (Victoria). *Personal Real Estate Corporation.
STREE T
FOR SALE OR LEASE > 710 Redbrick Street, Victoria, BC
Location The subject property is located in a central suburban location on the northern periphery of the City of Victoria between two main north south arteries being Blanshard and Douglas Streets. The site has excellent access and egress and benefits from strong visibility to Blanshard Street. The property is surrounded by a mix of office and retail users including Mayfair Shopping Centre, the Victoria Real Estate Board offices, Dodd’s Furniture and others.
Improvements The building is of steel construction on a concrete foundation and comprises three floors of office space for a total area of approximately 24,348 square feet. The building was constructed in 1994 and substantially renovated in 2010 and 2012. The building was originally strata titled into three lots which was collapsed by the previous owner. There may exist the possibility to re-strata title the floors.
Zoning C-1 (Limited Commercial District). The zoning permits a wide variety of uses, such as professional offices, business offices, mixed residential, restaurants, retail, and clubs, and others. The zoning permits up to an additional +/- 12,000 SF of building area.
Taxes (2014)
Assessed Value (2015)
$143,088 $6,097,000
Lease Rate 1st Floor - $18.00/SF, 2nd Floor - $22.00/SF, 3rd Floor - $20.00 SF
Price Six Million, Two Hundred and Fifty Thousand Dollars ($6,250,000)
Environmental Franz Environmental Inc. Report dated September 16, 2010 concluded the following: “Based on the completion of the soil remediation at the site by excavation and off-site disposal and the results of the confirmatory and step-out sampling, Franz concludes that the contaminated soil found in the Stage 2 PSI and DSI reports dated February 2010 has been remediated and the site poses no further environmental risk.”.
Court Ordered The property is being sold “as is” and all offers will be subject to the approval of the Supreme Court of British Columbia.
Building Details Property Type
Three story Class A office building
Legal Description
Lot A, Victoria District, Plan EPP9389, (P.I.D. 028-410-301)
Building Size
Gross Leasable area of 24,348 SF with average floor plate of approximately 8,000 SF
Site Size
26,157 SF (According to BC Assessment.)
Year Built
1994 - Interior upgraded in 2010 and 2012
Structure Construction
Reinforced concrete foundation with reinforced concrete basement walls on concrete footings. Both upper floors are steel and concrete on pan construction.
Roof
Flat roof construction comprising steel joist and deck finished with a torch-on compound covering.
Generally comprised of brick veneer with some areas of stucco Exterior Finishing rendering. The main entrance and lobby has glass entrance doors and glazed curtain walling.
Electrical
Located in the basement containing a commercial grade, 3 phase, 4-wire 120.208-volt main service. Lighting is a combination of fluorescent fixtures, recessed pot lighting and incandescent track lighting. A new electrical UPS system has recently been installed. There is also a Shaw Fibre Optic Line to building and a back up Kohler gas fired electric generator.
Plumbing
Each floor has a men’s and ladies’ washroom along with a kitchenette.
Elevator
One “Dover” 2,600lb capacity hydraulic passenger elevator having four stops.
Heating/Cooling
Water source heat pump with Delta Digital Controls and blown air diffused through ceiling ducts. Cooling is via a chiller unit used in conjunction with the various other chiller operations.
Fire Safety
Full sprinkler system.
Parking
51 parking stalls (29 surface & 21 lower parking garage) providing a parking ratio of +/- 1/477 SF.
GRAHAM SMITH* 250 414 8390 [email protected]
GRANT EVANS* 250 414 8373 [email protected]
710 REDBRICK STREET, VICTORIA, BC
Suburban Class A Office Building FOR SALE OR LEASE > BL AN SH
Contact Us
AR D
OPPING MAYFAIR SH CENTRE
R ST EE T
GRAHAM SMITH* 250 414 8390 [email protected] GRANT EVANS* +1 250 414 8373 [email protected]
TREE T FINLAYSON S
REDBRICK STRE
NANAI
MO ST
ET
REE T
COLLIERS INTERNATIONAL 1175 Douglas Street, Suite 1110 Victoria, BC V8W 2E1 MAIN: +1 250 388 6454 FAX: +1 250 382 3564 www.collierscanada.com/victoria
This document 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 Brokerage Inc. (Victoria). *Personal Real Estate Corporation.
GRANT EVANS* 250 414 8373 [email protected]
710 REDBRICK STREET, VICTORIA, BC
Suburban Class A Office Building FOR SALE OR LEASE > B N LA S R HA D
OPPING MAYFAIR SH CENTRE
Contact Us
RE T S ET
GRAHAM SMITH* 250 414 8390 [email protected] GRANT EVANS* +1 250 414 8373 [email protected]
TREE T FINLAYSON S
REDBRICK STRE
NANAI MO
ET
COLLIERS INTERNATIONAL 1175 Douglas Street, Suite 1110 Victoria, BC V8W 2E1 MAIN: +1 250 388 6454 FAX: +1 250 382 3564 www.collierscanada.com/victoria
This document 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 Brokerage Inc. (Victoria). *Personal Real Estate Corporation.
STREE T
FOR SALE OR LEASE > 710 Redbrick Street, Victoria, BC
Location The subject property is located in a central suburban location on the northern periphery of the City of Victoria between two main north south arteries being Blanshard and Douglas Streets. The site has excellent access and egress and benefits from strong visibility to Blanshard Street. The property is surrounded by a mix of office and retail users including Mayfair Shopping Centre, the Victoria Real Estate Board offices, Dodd’s Furniture and others.
Improvements The building is of steel construction on a concrete foundation and comprises three floors of office space for a total area of approximately 24,348 square feet. The building was constructed in 1994 and substantially renovated in 2010 and 2012. The building was originally strata titled into three lots which was collapsed by the previous owner. There may exist the possibility to re-strata title the floors.
Zoning C-1 (Limited Commercial District). The zoning permits a wide variety of uses, such as professional offices, business offices, mixed residential, restaurants, retail, and clubs, and others. The zoning permits up to an additional +/- 12,000 SF of building area.
Taxes (2014)
Assessed Value (2015)
$143,088 $6,097,000
Lease Rate 1st Floor - $18.00/SF, 2nd Floor - $22.00/SF, 3rd Floor - $20.00 SF
Price Six Million, Two Hundred and Fifty Thousand Dollars ($6,250,000)
Environmental Franz Environmental Inc. Report dated September 16, 2010 concluded the following: “Based on the completion of the soil remediation at the site by excavation and off-site disposal and the results of the confirmatory and step-out sampling, Franz concludes that the contaminated soil found in the Stage 2 PSI and DSI reports dated February 2010 has been remediated and the site poses no further environmental risk.”.
Court Ordered The property is being sold “as is” and all offers will be subject to the approval of the Supreme Court of British Columbia.
Building Details Property Type
Three story Class A office building
Legal Description
Lot A, Victoria District, Plan EPP9389, (P.I.D. 028-410-301)
Building Size
Gross Leasable area of 24,348 SF with average floor plate of approximately 8,000 SF
Site Size
26,157 SF (According to BC Assessment.)
Year Built
1994 - Interior upgraded in 2010 and 2012
Structure Construction
Reinforced concrete foundation with reinforced concrete basement walls on concrete footings. Both upper floors are steel and concrete on pan construction.
Roof
Flat roof construction comprising steel joist and deck finished with a torch-on compound covering.
Generally comprised of brick veneer with some areas of stucco Exterior Finishing rendering. The main entrance and lobby has glass entrance doors and glazed curtain walling.
Electrical
Located in the basement containing a commercial grade, 3 phase, 4-wire 120.208-volt main service. Lighting is a combination of fluorescent fixtures, recessed pot lighting and incandescent track lighting. A new electrical UPS system has recently been installed. There is also a Shaw Fibre Optic Line to building and a back up Kohler gas fired electric generator.
Plumbing
Each floor has a men’s and ladies’ washroom along with a kitchenette.
Elevator
One “Dover” 2,600lb capacity hydraulic passenger elevator having four stops.
Heating/Cooling
Water source heat pump with Delta Digital Controls and blown air diffused through ceiling ducts. Cooling is via a chiller unit used in conjunction with the various other chiller operations.
Fire Safety
Full sprinkler system.
Parking
51 parking stalls (29 surface & 21 lower parking garage) providing a parking ratio of +/- 1/477 SF.
GRAHAM SMITH* 250 414 8390 [email protected]
GRANT EVANS* 250 414 8373 [email protected]
710 REDBRICK STREET, VICTORIA, BC
Suburban Class A Office Building FOR SALE OR LEASE > BL AN SH
Contact Us
AR D
OPPING MAYFAIR SH CENTRE
R ST EE T
GRAHAM SMITH* 250 414 8390 [email protected] GRANT EVANS* +1 250 414 8373 [email protected]
TREE T FINLAYSON S
REDBRICK STRE
NANAI
MO ST
ET
REE T
COLLIERS INTERNATIONAL 1175 Douglas Street, Suite 1110 Victoria, BC V8W 2E1 MAIN: +1 250 388 6454 FAX: +1 250 382 3564 www.collierscanada.com/victoria
This document 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 Brokerage Inc. (Victoria). *Personal Real Estate Corporation.
