the esplanade
118
THE ESPLANADE Prime Retail For Lease
The 24-hour King Streetcar, GO Station, Union Station and King Subway Stations provide easy access to the location. Green “P” parking in the surrounding area is widely used by office users from the Financial Core, as well as visitors to the Air Canada Centre and Rogers Centre. The Gardiner Expressway and Don Valley Parkway offer convenient routes in and out of the neighbourhood, and tourist attractions like the Flatiron Building and St. James Cathedral make The St. Lawrence Market a must see for visitors. The nearby Distillery District and King East Design District drive additional pedestrian traffic, and are home to neighbouring restaurants, theatres, and entertainment. George Brown College is within 1 KM of the site, a daytime home to thousands of students, and the site is in proximity to First Gulf ’s 333 King Street East site featuring over 850,000 SF of office and retail space including the head offices of Coca Cola and The Globe and Mail.
the
LOCATION
Toronto’s Downtown East is a dynamic neighbourhood where modern developments meet 19th century Victorian-era architecture to create a vibrant area to live, work and play. Located across the street from the historic St. Lawrence Market, 118 Esplanade offers a rare opportunity to lease a fully-fixtured restaurant space in the heart of the St. Lawrence Market. Located on the northwest corner of The Esplanade and Market Street, this opportunity features patios on both The Esplanade and Market Street, and is adjacent to “restaurant row”, home to popular restaurants The Keg, The Old Spaghetti Factory and Bier Markt. Steps from Union Station, and in close proximity to the Financial Core and the King East Design District, this opportunity benefits from consistent traffic driven by the St. Lawrence Market and nearby residential developments. Proximity to the Financial Core provides an exceptional market for a very affluent demographic. Recently the area has seen an influx of residential density, with the development of the L Tower (600 units), The Berczy (161 units), London on The Esplanade (408 units), Backstage Condominiums (284 units), Sixty Colborne (255 units) and the newly proposed 75 The Esplanade, with 302 residential units.
118 THE ESPLANADE
the
BUILDING GROUND FLOOR 4,012 SF MEZZANINE 1,770 SF TOTAL 5,782 SF BLENDED NET RENT ADDITIONAL RENT TERM OCCUPANCY CEILING HEIGHTS
Negotiable $27.33 PSF (est. 2017) 10-15 years Immediate Over 15 FT (ground & 2nd floor) Over 30FT (open area to mezz.)
·· Pre-fixtured restaurant space ·· Two signature patio opportunities ·· Liquor license in place allowing for 180 indoor & 111 outdoor customers at a time ·· Beautiful natural light ·· Shipping and receiving bay with direct access into unit ·· Over 100 feet of wraparound frontage ·· Steps from the St. Lawrence Market
the
the
4,012 SF
1,770 SF
O PATI
E THE
S
DE A N PL A
MARKET STREET
MARKET STREET
MEZZANINE
PATIO
GROUND FLOOR
N
T
S HE E
DE A N PL A
N
BEAUTIFULLY FIXTURED
the
KING ST. W
KING ST. E
1
2 3
. T ST N O FR 11
290,241
22% ages 25-44
FINANCIAL DISTRICT
AVG. HOUSEHOLD INCOME
TOTAL HOUSEHOLDS
WALK SCORE
TRANSIT SCORE
$124,391
22,012
99
100
27 28
32 33
29 10
34
E NAD A L SP
E
118 THE ESPLANADE LOWER JARVIS ST.
36,351
13 12
8
THE
YOUNG PROFESSIONALS
14
BERCZY PARK
20 21 25 24 23 22 26
31
ST LAWRENCE MARKET
4
30 JARVIS ST.
WELLINGTON ST. E
19 MARKET ST.
15
CHURCH ST.
7
AREA DEMOGRAPHICS (1KM)
DAYTIME POPULATION
16
17 18
9
POPULATION
ST JAMES PARK
5
SCOTT ST.
34
La Maquette Indochino Custom Suits Metro TD Bank Jack Astor’s Bar & Grill Starbucks LCBO Paramount Foods Market Street Catch Evolution Food Co. Balzac’s Market Street Wynn Fitness Club Royal Bank of Canada Second Cup Wine Rack The Corner Place Bier Markt
VICTORIA ST.
18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33
6
YONGE ST.
Oliver & Bonacini Biff ’s Bistro Sony Centre/ L Tower Tim Hortons King Edward Hotel Terroni Tom Jones Steak House St. Lawrence Centre The Keg The Old Spaghetti Factory Winners Tim Hortons Rexall Gooderham Building The Works St. James Cathedral Origin
BAY ST.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
ADELAIDE ST. E TORONTO ST.
AREA
ADELAIDE ST. W
GARDINER EXPY. N
ONE YONGE DEVELOPMENT
QUEENS QUAY E
WATERFRONT DEVELOPMENT
CONTACT
ASHLAR URBAN REALTY INC. Real Estate Brokerage 166 Pearl Street, Suite 300 Toronto, ON Canada M5H 1L3 T 416 205 9222 F 416 205 9228 W ashlarurban.com TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS
GRAHAM SMITH*
Vice President 416 205 9222 ext 225 [email protected]
BRANDON GORMAN* Vice President 416 205 9222 ext 239 [email protected]
JONATHAN DIXON Sales Representative 416 205 9222 ext 256 [email protected]
*Sales Representative
THE ESPLANADE Prime Retail For Lease
The 24-hour King Streetcar, GO Station, Union Station and King Subway Stations provide easy access to the location. Green “P” parking in the surrounding area is widely used by office users from the Financial Core, as well as visitors to the Air Canada Centre and Rogers Centre. The Gardiner Expressway and Don Valley Parkway offer convenient routes in and out of the neighbourhood, and tourist attractions like the Flatiron Building and St. James Cathedral make The St. Lawrence Market a must see for visitors. The nearby Distillery District and King East Design District drive additional pedestrian traffic, and are home to neighbouring restaurants, theatres, and entertainment. George Brown College is within 1 KM of the site, a daytime home to thousands of students, and the site is in proximity to First Gulf ’s 333 King Street East site featuring over 850,000 SF of office and retail space including the head offices of Coca Cola and The Globe and Mail.
the
LOCATION
Toronto’s Downtown East is a dynamic neighbourhood where modern developments meet 19th century Victorian-era architecture to create a vibrant area to live, work and play. Located across the street from the historic St. Lawrence Market, 118 Esplanade offers a rare opportunity to lease a fully-fixtured restaurant space in the heart of the St. Lawrence Market. Located on the northwest corner of The Esplanade and Market Street, this opportunity features patios on both The Esplanade and Market Street, and is adjacent to “restaurant row”, home to popular restaurants The Keg, The Old Spaghetti Factory and Bier Markt. Steps from Union Station, and in close proximity to the Financial Core and the King East Design District, this opportunity benefits from consistent traffic driven by the St. Lawrence Market and nearby residential developments. Proximity to the Financial Core provides an exceptional market for a very affluent demographic. Recently the area has seen an influx of residential density, with the development of the L Tower (600 units), The Berczy (161 units), London on The Esplanade (408 units), Backstage Condominiums (284 units), Sixty Colborne (255 units) and the newly proposed 75 The Esplanade, with 302 residential units.
118 THE ESPLANADE
the
BUILDING GROUND FLOOR 4,012 SF MEZZANINE 1,770 SF TOTAL 5,782 SF BLENDED NET RENT ADDITIONAL RENT TERM OCCUPANCY CEILING HEIGHTS
Negotiable $27.33 PSF (est. 2017) 10-15 years Immediate Over 15 FT (ground & 2nd floor) Over 30FT (open area to mezz.)
·· Pre-fixtured restaurant space ·· Two signature patio opportunities ·· Liquor license in place allowing for 180 indoor & 111 outdoor customers at a time ·· Beautiful natural light ·· Shipping and receiving bay with direct access into unit ·· Over 100 feet of wraparound frontage ·· Steps from the St. Lawrence Market
the
the
4,012 SF
1,770 SF
O PATI
E THE
S
DE A N PL A
MARKET STREET
MARKET STREET
MEZZANINE
PATIO
GROUND FLOOR
N
T
S HE E
DE A N PL A
N
BEAUTIFULLY FIXTURED
the
KING ST. W
KING ST. E
1
2 3
. T ST N O FR 11
290,241
22% ages 25-44
FINANCIAL DISTRICT
AVG. HOUSEHOLD INCOME
TOTAL HOUSEHOLDS
WALK SCORE
TRANSIT SCORE
$124,391
22,012
99
100
27 28
32 33
29 10
34
E NAD A L SP
E
118 THE ESPLANADE LOWER JARVIS ST.
36,351
13 12
8
THE
YOUNG PROFESSIONALS
14
BERCZY PARK
20 21 25 24 23 22 26
31
ST LAWRENCE MARKET
4
30 JARVIS ST.
WELLINGTON ST. E
19 MARKET ST.
15
CHURCH ST.
7
AREA DEMOGRAPHICS (1KM)
DAYTIME POPULATION
16
17 18
9
POPULATION
ST JAMES PARK
5
SCOTT ST.
34
La Maquette Indochino Custom Suits Metro TD Bank Jack Astor’s Bar & Grill Starbucks LCBO Paramount Foods Market Street Catch Evolution Food Co. Balzac’s Market Street Wynn Fitness Club Royal Bank of Canada Second Cup Wine Rack The Corner Place Bier Markt
VICTORIA ST.
18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33
6
YONGE ST.
Oliver & Bonacini Biff ’s Bistro Sony Centre/ L Tower Tim Hortons King Edward Hotel Terroni Tom Jones Steak House St. Lawrence Centre The Keg The Old Spaghetti Factory Winners Tim Hortons Rexall Gooderham Building The Works St. James Cathedral Origin
BAY ST.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
ADELAIDE ST. E TORONTO ST.
AREA
ADELAIDE ST. W
GARDINER EXPY. N
ONE YONGE DEVELOPMENT
QUEENS QUAY E
WATERFRONT DEVELOPMENT
CONTACT
ASHLAR URBAN REALTY INC. Real Estate Brokerage 166 Pearl Street, Suite 300 Toronto, ON Canada M5H 1L3 T 416 205 9222 F 416 205 9228 W ashlarurban.com TORONTO’S URBAN COMMERCIAL REAL ESTATE EXPERTS
GRAHAM SMITH*
Vice President 416 205 9222 ext 225 [email protected]
BRANDON GORMAN* Vice President 416 205 9222 ext 239 [email protected]
JONATHAN DIXON Sales Representative 416 205 9222 ext 256 [email protected]
*Sales Representative
