WRIGGLESWORTH PLAZA â 802 MAIN STREET EAST Retail ...
WRIGGLESWORTH PLAZA – 802 MAIN STREET EAST Retail Opportunity for Lease Shelburne, ON
Prepared by: Greg Rabin*
Associate Vice President 416 495 6306 [email protected]
Steven Weiss* LL.B, MBA Associate Vice President 416 495 6317 [email protected]
Matthew Pieszchala
Sales Representative 416 495 6278 [email protected]
*Sales Representative CBRE Limited | Brokerage | 2001 Sheppard Avenue East | Suite 300 | Toronto, ON M2J 4Z8 | www.cbre.ca
Michelle Weir
Sr. Client Services Assistant 416 495 6225 [email protected]
Executive Summary
Wrigglesworth Plaza – 802 Main Street East, Shelburne ON Excellent retail opportunity at the gateway intersection into the Town of Shelburne Units available starting from 1,000 square feet to 8,041square feet Flexible space configurations Strategic intersection location with excellent access and exposure on the Northeast corner of Highway 89 & Highway 124 with access from both
Popular route to tourist areas in Collingwood and Owen Sound High traffic counts – 28,500 vehicles per day at intersection with 20% increased summer traffic Growing residential communities in surrounding areas – 2 new residential communities underway with over 700 new homes under construction Excellent growth potential Total building upgrading and site rejuvenation planned for 2014 Proposed Uses For The Project: Restaurants – Quick Serve & Sit Down (1-8,000 square foot range) Banks - (4-5,000 square foot range) Cafes (1,500-4,000 square foot range) Retail Opportunities (1,000-5,000 square foot range) Rental Rate: $25.00 per square foot TMI: $6.00 per square foot
2
Market Overview - Aerial
3
Market Overview - Aerial
4
Market Overview - Location Map
5
Site Overview
6
Site Overview – Concept Drawings
7
Demographics
2013 ESTIMATES & PROJECTIONS
Wigglesworth Plaza, Shelburne ON
2013 ESTIMATES & PROJECTIONS
Wigglesworth Plaza, Shelburne ON 1 km
2 km
3 km
1,587
6,960
7,611
551
2,501
2,721
$88,185
$82,264
$83,012
1,155
5,729
6,158
54
265
285
5 Minute
10 Minute
TOTAL POPULATION
7,037
9,354
TOTAL POPULATION
HOUSEHOLDS
2,532
3,331
HOUSEHOLDS
$80,221
$82,235
3,056
5,754
123
264
AVE HOUSEHOLD INCOME DAYTIME POPULATION TOTAL BUSINESSES
AVE HOUSEHOLD INCOME DAYTIME POPULATION TOTAL BUSINESSES
8
The Developer
The VANDYK Difference For over thirty years, the VANDYK Group of Companies has emerged as a leader in the development industry. Passion, vision and inspiration has developed the VANDYK group of companies into a vertically integrated, progressive real estate investment operation. Since its inception in 1979, VANDYK group of companies has expanded its operations to consist of several affiliated divisions, making it one of the most respected and recognized development corporations in Ontario, Canada. Most recently, VANDYK group of companies has expanded its venture to Sarasota through VANDYK USA.
With an impressive portfolio consisting of a magnitude of diverse projects, VANDYK group of companies has won industry awards and has gained recognition for quality craftsmanship, superior customer service and trend setting designs and products. With experience in custom home design in some of Toronto’s most esteemed neighbourhoods, and mid rise condominiums such as the Frank Lloyd Wright inspired, Windows on the Green, VANDYK group of companies is a multidisciplined development corporation. Today the VANDYK team, as a group, is young, dynamic and forward thinking. Leveraging off of President and CEO, John C. Vandyk’s, early vision of emerging infill opportunities, the VANDYK group of companies finds itself well positioned, driven by passion, commitment and tenacity, specializing in creative real-estate solutions.
9
Retail Listing Team
RETAIL SALES & LEASING
CBRE IS EXCITED TO PRESENT…
OUR TEAM
Our Team
Significant Team Assignments • Sale of ground floor commercial condominium units for Monarch Group in the highly sought after Nautilus Condominiums on Lakeshore near Parklawn • Disposition of former bank branches for CIBC and TD Canada Trust • Leasing 41,000 square feet retail development at Queensway & 427, Toronto (Queensway 427 Centre) anchored by Bed, Bath and Beyond • Leasing 150,000 square feet retail centre in King City (King Ridge Market Place) • Leasing & Sales Assignments for over 35 retail properties in the GTA • Managing Shell Canada's Acquisition Program in Ontario & across the country • Handling the disposition of over 100 Shell Canada Properties throughout Ontario • Opened six Panera Bread Cafes in 2012-2013 with a minimum of 30 additional locations anticipated in the future • Leasing of the 50,000 square feet Dixie Crossing in Mississauga ON • Disposition/Sublease of surplus retail stores for Rona, Office Depot & Sears Canada • Represents Canadian Tire Corporation on four owned plazas in Kitchener, Cambridge, Newmarket and Brampton • Represents Ren’s Pet Depot for new locations in Ontario • Leasing of 15,000 square feet for Dominus/City of Brampton in the southwest quadrant renewal program in downtown Brampton • Listing of Minto’s 150,000 square feet Arcadia Development in Kanata (Ottawa), ON For further information, please contact:
Steven Weiss* LL.B, MBA Associate Vice President T 416 495 6317 [email protected]
Greg Rabin*
Associate Vice President T 416 495 6306 [email protected]
Matthew Pieszchala
Sales Representative T 416 495 6278 [email protected]
Michelle Weir
Senior Client Services Assistant T 416 495 6225 [email protected]
*Sales Representative | CBRE Limited, Real Estate Brokerage | 2001 Sheppard Avenue East, Suite 300, Toronto, ON M2J 4Z8 | www.cbre.ca 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. Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
Steven Weiss* LL.B, MBA
Greg Rabin*
Senior Sales Associate
Associate Vice President
Matthew Pieszchala
Michelle Weir
Sales Representative
Senior Client Services Assistant
LANDLORD REPRESENTATION SALES & LEASING RETAIL INVESTMENT TENANT REPRESENTATION DEDICATED PROFESSIONALS R E T A I L PROJECT LEASING EXPERIENCE EXPERT ADVICE Steven brings over 20 years experience in real estate law, sales and leasing. He joined CBRE in 2008 and has worked with national & local accounts on the sale of real estate as well as leasing assignments throughout Ontario. Greg joined CBRE Limited from Dallas, Texas in 2010, bringing 27 years of retail experience including tenant representation, site acquisition, and retail development. Matthew is the newest addition to the Retail Listings Team. He is a recent Honors Graduate from the Real Estate & Housing Program at the University of Guelph. Michelle joined CBRE in 2007 bringing with her more then 20 years of client services experience and an unparalleled passion and energy for customer service.
Prepared by: Greg Rabin*
Associate Vice President 416 495 6306 [email protected]
Steven Weiss* LL.B, MBA Associate Vice President 416 495 6317 [email protected]
Matthew Pieszchala
Sales Representative 416 495 6278 [email protected]
*Sales Representative CBRE Limited | Brokerage | 2001 Sheppard Avenue East | Suite 300 | Toronto, ON M2J 4Z8 | www.cbre.ca
Michelle Weir
Sr. Client Services Assistant 416 495 6225 [email protected]
Executive Summary
Wrigglesworth Plaza – 802 Main Street East, Shelburne ON Excellent retail opportunity at the gateway intersection into the Town of Shelburne Units available starting from 1,000 square feet to 8,041square feet Flexible space configurations Strategic intersection location with excellent access and exposure on the Northeast corner of Highway 89 & Highway 124 with access from both
Popular route to tourist areas in Collingwood and Owen Sound High traffic counts – 28,500 vehicles per day at intersection with 20% increased summer traffic Growing residential communities in surrounding areas – 2 new residential communities underway with over 700 new homes under construction Excellent growth potential Total building upgrading and site rejuvenation planned for 2014 Proposed Uses For The Project: Restaurants – Quick Serve & Sit Down (1-8,000 square foot range) Banks - (4-5,000 square foot range) Cafes (1,500-4,000 square foot range) Retail Opportunities (1,000-5,000 square foot range) Rental Rate: $25.00 per square foot TMI: $6.00 per square foot
2
Market Overview - Aerial
3
Market Overview - Aerial
4
Market Overview - Location Map
5
Site Overview
6
Site Overview – Concept Drawings
7
Demographics
2013 ESTIMATES & PROJECTIONS
Wigglesworth Plaza, Shelburne ON
2013 ESTIMATES & PROJECTIONS
Wigglesworth Plaza, Shelburne ON 1 km
2 km
3 km
1,587
6,960
7,611
551
2,501
2,721
$88,185
$82,264
$83,012
1,155
5,729
6,158
54
265
285
5 Minute
10 Minute
TOTAL POPULATION
7,037
9,354
TOTAL POPULATION
HOUSEHOLDS
2,532
3,331
HOUSEHOLDS
$80,221
$82,235
3,056
5,754
123
264
AVE HOUSEHOLD INCOME DAYTIME POPULATION TOTAL BUSINESSES
AVE HOUSEHOLD INCOME DAYTIME POPULATION TOTAL BUSINESSES
8
The Developer
The VANDYK Difference For over thirty years, the VANDYK Group of Companies has emerged as a leader in the development industry. Passion, vision and inspiration has developed the VANDYK group of companies into a vertically integrated, progressive real estate investment operation. Since its inception in 1979, VANDYK group of companies has expanded its operations to consist of several affiliated divisions, making it one of the most respected and recognized development corporations in Ontario, Canada. Most recently, VANDYK group of companies has expanded its venture to Sarasota through VANDYK USA.
With an impressive portfolio consisting of a magnitude of diverse projects, VANDYK group of companies has won industry awards and has gained recognition for quality craftsmanship, superior customer service and trend setting designs and products. With experience in custom home design in some of Toronto’s most esteemed neighbourhoods, and mid rise condominiums such as the Frank Lloyd Wright inspired, Windows on the Green, VANDYK group of companies is a multidisciplined development corporation. Today the VANDYK team, as a group, is young, dynamic and forward thinking. Leveraging off of President and CEO, John C. Vandyk’s, early vision of emerging infill opportunities, the VANDYK group of companies finds itself well positioned, driven by passion, commitment and tenacity, specializing in creative real-estate solutions.
9
Retail Listing Team
RETAIL SALES & LEASING
CBRE IS EXCITED TO PRESENT…
OUR TEAM
Our Team
Significant Team Assignments • Sale of ground floor commercial condominium units for Monarch Group in the highly sought after Nautilus Condominiums on Lakeshore near Parklawn • Disposition of former bank branches for CIBC and TD Canada Trust • Leasing 41,000 square feet retail development at Queensway & 427, Toronto (Queensway 427 Centre) anchored by Bed, Bath and Beyond • Leasing 150,000 square feet retail centre in King City (King Ridge Market Place) • Leasing & Sales Assignments for over 35 retail properties in the GTA • Managing Shell Canada's Acquisition Program in Ontario & across the country • Handling the disposition of over 100 Shell Canada Properties throughout Ontario • Opened six Panera Bread Cafes in 2012-2013 with a minimum of 30 additional locations anticipated in the future • Leasing of the 50,000 square feet Dixie Crossing in Mississauga ON • Disposition/Sublease of surplus retail stores for Rona, Office Depot & Sears Canada • Represents Canadian Tire Corporation on four owned plazas in Kitchener, Cambridge, Newmarket and Brampton • Represents Ren’s Pet Depot for new locations in Ontario • Leasing of 15,000 square feet for Dominus/City of Brampton in the southwest quadrant renewal program in downtown Brampton • Listing of Minto’s 150,000 square feet Arcadia Development in Kanata (Ottawa), ON For further information, please contact:
Steven Weiss* LL.B, MBA Associate Vice President T 416 495 6317 [email protected]
Greg Rabin*
Associate Vice President T 416 495 6306 [email protected]
Matthew Pieszchala
Sales Representative T 416 495 6278 [email protected]
Michelle Weir
Senior Client Services Assistant T 416 495 6225 [email protected]
*Sales Representative | CBRE Limited, Real Estate Brokerage | 2001 Sheppard Avenue East, Suite 300, Toronto, ON M2J 4Z8 | www.cbre.ca 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. Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
Steven Weiss* LL.B, MBA
Greg Rabin*
Senior Sales Associate
Associate Vice President
Matthew Pieszchala
Michelle Weir
Sales Representative
Senior Client Services Assistant
LANDLORD REPRESENTATION SALES & LEASING RETAIL INVESTMENT TENANT REPRESENTATION DEDICATED PROFESSIONALS R E T A I L PROJECT LEASING EXPERIENCE EXPERT ADVICE Steven brings over 20 years experience in real estate law, sales and leasing. He joined CBRE in 2008 and has worked with national & local accounts on the sale of real estate as well as leasing assignments throughout Ontario. Greg joined CBRE Limited from Dallas, Texas in 2010, bringing 27 years of retail experience including tenant representation, site acquisition, and retail development. Matthew is the newest addition to the Retail Listings Team. He is a recent Honors Graduate from the Real Estate & Housing Program at the University of Guelph. Michelle joined CBRE in 2007 bringing with her more then 20 years of client services experience and an unparalleled passion and energy for customer service.
