Unique User / Investment Opportunity
FOR SALE > 3 INDUSTRIAL FREESTANDS
Unique User / Investment Opportunity 228-250 MIDWEST ROAD, SCARBOROUGH, ONTARIO, M1P 3A9
250 MIDWEST ROAD LEASED 9,000 SF 228 MIDWEST ROAD FOR LEASE 13,350 SF
230 MIDWEST ROAD LEASED 59,960 SF 22’ clear height (red area)
(to Sept. 2016 “AAA” Tenant)
400
Property Information
401 400
Location
Near Midland Avenue and Ellesmere
228 Midwest
401 For Lease: 13,350 SF Asking $4.75 PSF Net 14-15’ Clear Height, 3 Truck Level and 1 Drive-In Door 410 Space shows well
230 Midwest
Leased: 59,960 SF, Tenant - Lantic Sugar Minimum 15’ up to 22’ Clear Height 3 Truck Level Doors with 2 additional outdoor platforms
250 Midwest
Leased: 9,000 SF 17’ Clear Height, 2 Truck Level and 2 Drive-In Doors
Total Area
82,310 SF
Lot Area
3.48 AC
Asking Price
$4,946,760 ($60/SF)
Cap Rate
6% cap “as is” 7.1% projected at “full occupancy”
Zoning
EH, formerly MS MG (as per assessment, to be confirmed with City)
STEWART METCALFE* Vice President +1 416 620 2820 [email protected]
404
YORK MILLS RD.
DVP
410
LAWRENCE AVENUE EAST
MIDLAND AVENUE
MIDWEST ROAD
KENNEDY ROAD
BIRCHMOUNT ROAD
403
DVP
WARDEN AVENUE
404
VICTORIA PARK AVENUE
403 ELLESMERE ROAD
228-250 MIDWEST ROAD
Click for Virtual Tour
ANTHONY MILLER* Associate Vice President +1 416 791 7227 [email protected]
JONATHAN HOWARD Sales Representative +1 416 791 7240 [email protected]
COLLIERS INTERNATIONAL 245 Yorkland Boulevard, Suite 200 Toronto, ON, M2J 4W9 www.collierscanada.com
FOR SALE > 3 INDUSTRIAL FREESTANDS
Unique User / Investment Opportunity 228-250 MIDWEST ROAD, SCARBOROUGH, ONTARIO, M1P 3A9
STEWART METCALFE* Vice President +1 416 620 2820 [email protected]
ANTHONY MILLER* Associate Vice President +1 416 791 7227 [email protected]
JONATHAN HOWARD Sales Representative +1 416 791 7240 [email protected]
COLLIERS INTERNATIONAL 245 Yorkland Boulevard, Suite 200 Toronto, ON, M2J 4W9 www.collierscanada.com
FOR SALE > 3 INDUSTRIAL FREESTANDS
Unique User / Investment Opportunity 228-250 MIDWEST ROAD, SCARBOROUGH, ONTARIO, M1P 3A9
FRONT ENTRANCE
FRONT ENTRANCE
REAR / SHIPPING
COMMENTS
STEWART METCALFE* Vice President +1 416 620 2820 [email protected]
ANTHONY MILLER* Associate Vice President +1 416 791 7227 [email protected]
> 250 - 7,805 SF (15’9” clr) > 9 parking spots > 1 DI / 2 TL with one load leveler and door seals > 10% office
JONATHAN HOWARD Sales Representative +1 416 791 7240 [email protected]
COLLIERS INTERNATIONAL 245 Yorkland Boulevard, Suite 200 Toronto, ON, M2J 4W9 www.collierscanada.com
FOR SALE > 3 INDUSTRIAL FREESTANDS
Unique User / Investment Opportunity 228-250 MIDWEST ROAD, SCARBOROUGH, ONTARIO, M1P 3A9
FRONT ENTRANCE
SHIPPING
DOCKS COMMENTS
STEWART METCALFE* Vice President +1 416 620 2820 [email protected]
> 230 - 559,960 SF > 52 parking spots > 8 TL with various leveler and door seals > Large portion at 22’ clear height
ANTHONY MILLER* Associate Vice President +1 416 791 7227 [email protected]
JONATHAN HOWARD Sales Representative +1 416 791 7240 [email protected]
COLLIERS INTERNATIONAL 245 Yorkland Boulevard, Suite 200 Toronto, ON, M2J 4W9 www.collierscanada.com
FOR SALE > 3 INDUSTRIAL FREESTANDS
Unique User / Investment Opportunity 228-250 MIDWEST ROAD, SCARBOROUGH, ONTARIO, M1P 3A9
FRONT ENTRANCE
228-250 MIDWEST REAR
228 MIDWEST REAR
COMMENTS > 228 - 10,977 SF (14’ clr) > 20 parking spots > 3 TL / 1 DI
* Sales Representative. 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. 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 (Ontario) Inc., Brokerage
COLLIERS INTERNATIONAL 245 Yorkland Boulevard, Suite 200 Toronto, ON, M2J 4W9 www.collierscanada.com
Unique User / Investment Opportunity 228-250 MIDWEST ROAD, SCARBOROUGH, ONTARIO, M1P 3A9
250 MIDWEST ROAD LEASED 9,000 SF 228 MIDWEST ROAD FOR LEASE 13,350 SF
230 MIDWEST ROAD LEASED 59,960 SF 22’ clear height (red area)
(to Sept. 2016 “AAA” Tenant)
400
Property Information
401 400
Location
Near Midland Avenue and Ellesmere
228 Midwest
401 For Lease: 13,350 SF Asking $4.75 PSF Net 14-15’ Clear Height, 3 Truck Level and 1 Drive-In Door 410 Space shows well
230 Midwest
Leased: 59,960 SF, Tenant - Lantic Sugar Minimum 15’ up to 22’ Clear Height 3 Truck Level Doors with 2 additional outdoor platforms
250 Midwest
Leased: 9,000 SF 17’ Clear Height, 2 Truck Level and 2 Drive-In Doors
Total Area
82,310 SF
Lot Area
3.48 AC
Asking Price
$4,946,760 ($60/SF)
Cap Rate
6% cap “as is” 7.1% projected at “full occupancy”
Zoning
EH, formerly MS MG (as per assessment, to be confirmed with City)
STEWART METCALFE* Vice President +1 416 620 2820 [email protected]
404
YORK MILLS RD.
DVP
410
LAWRENCE AVENUE EAST
MIDLAND AVENUE
MIDWEST ROAD
KENNEDY ROAD
BIRCHMOUNT ROAD
403
DVP
WARDEN AVENUE
404
VICTORIA PARK AVENUE
403 ELLESMERE ROAD
228-250 MIDWEST ROAD
Click for Virtual Tour
ANTHONY MILLER* Associate Vice President +1 416 791 7227 [email protected]
JONATHAN HOWARD Sales Representative +1 416 791 7240 [email protected]
COLLIERS INTERNATIONAL 245 Yorkland Boulevard, Suite 200 Toronto, ON, M2J 4W9 www.collierscanada.com
FOR SALE > 3 INDUSTRIAL FREESTANDS
Unique User / Investment Opportunity 228-250 MIDWEST ROAD, SCARBOROUGH, ONTARIO, M1P 3A9
STEWART METCALFE* Vice President +1 416 620 2820 [email protected]
ANTHONY MILLER* Associate Vice President +1 416 791 7227 [email protected]
JONATHAN HOWARD Sales Representative +1 416 791 7240 [email protected]
COLLIERS INTERNATIONAL 245 Yorkland Boulevard, Suite 200 Toronto, ON, M2J 4W9 www.collierscanada.com
FOR SALE > 3 INDUSTRIAL FREESTANDS
Unique User / Investment Opportunity 228-250 MIDWEST ROAD, SCARBOROUGH, ONTARIO, M1P 3A9
FRONT ENTRANCE
FRONT ENTRANCE
REAR / SHIPPING
COMMENTS
STEWART METCALFE* Vice President +1 416 620 2820 [email protected]
ANTHONY MILLER* Associate Vice President +1 416 791 7227 [email protected]
> 250 - 7,805 SF (15’9” clr) > 9 parking spots > 1 DI / 2 TL with one load leveler and door seals > 10% office
JONATHAN HOWARD Sales Representative +1 416 791 7240 [email protected]
COLLIERS INTERNATIONAL 245 Yorkland Boulevard, Suite 200 Toronto, ON, M2J 4W9 www.collierscanada.com
FOR SALE > 3 INDUSTRIAL FREESTANDS
Unique User / Investment Opportunity 228-250 MIDWEST ROAD, SCARBOROUGH, ONTARIO, M1P 3A9
FRONT ENTRANCE
SHIPPING
DOCKS COMMENTS
STEWART METCALFE* Vice President +1 416 620 2820 [email protected]
> 230 - 559,960 SF > 52 parking spots > 8 TL with various leveler and door seals > Large portion at 22’ clear height
ANTHONY MILLER* Associate Vice President +1 416 791 7227 [email protected]
JONATHAN HOWARD Sales Representative +1 416 791 7240 [email protected]
COLLIERS INTERNATIONAL 245 Yorkland Boulevard, Suite 200 Toronto, ON, M2J 4W9 www.collierscanada.com
FOR SALE > 3 INDUSTRIAL FREESTANDS
Unique User / Investment Opportunity 228-250 MIDWEST ROAD, SCARBOROUGH, ONTARIO, M1P 3A9
FRONT ENTRANCE
228-250 MIDWEST REAR
228 MIDWEST REAR
COMMENTS > 228 - 10,977 SF (14’ clr) > 20 parking spots > 3 TL / 1 DI
* Sales Representative. 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. 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 (Ontario) Inc., Brokerage
COLLIERS INTERNATIONAL 245 Yorkland Boulevard, Suite 200 Toronto, ON, M2J 4W9 www.collierscanada.com
