75way billy bishop
TRANSCRIPT
Excellent Location withDirect Subway Access
Premium Tenant RosterWith Long Term Leases
Significant Growth inSurrounding Area
Retail Investment Opportunity
BILLY BISHOPWAY75
THE OPPORTUNITY
Jones Lang LaSalle Real Estate Services Inc, (“JLL” and/or the “Advisor”) is pleased to offer for sale a 100% freehold interest in the newly developed retail centre situated in the heart of Toronto just north of Yorkdale Shopping Centre. Situated on 4.5 acres, the centre totals 49,726 sq. ft. and boasts a premium tenant roster with an attractive 11 years of weighted average lease term which offers the investor a long term stability of income.
Retail InvestmentOpportunity
BILLY BISHOPWAY75
Average Household Income
$118,539
Total Households
130,945
Total Population
344,269
MAJOR TENANTS:The Beer Store, Starbucks, Moores, A&W, Ren's Pets
GROSS LEASABLE AREA:49,726 square feet
WEIGHTED AVERAGE LEASE TERM:11 years
ACCESSIBILITY:Direct access to Wilson Subway Station
PROPERTY SUMMARY DEMOGRAPHICS (5km Radius)
Source: Statistics Canada 2016 & 2011 City of Toronto Census
PRESTIGIOUS NORTH YORK LOCATION
The site is located in a prime location next to the Allen Expressway, north of Highway 401 and adjacent to SmartCentres Downsview. The immediate area is well serviced by public transit and 75 Billy Bishop Way enjoys direct access to Wilson Subway Station. This is a densely packed node with vibrant retail drawing shoppers to the area.
Billy Bishop Way
Wilson Avenue
Highway 401
75 Billy Bishop Way
N
N
Allen Expressway
Yorkdale Shopping Centre
75 Billy Bishop Way
Highway 401
Billy Bishop Way
Wilson Avenue
SmartCentres Downsview
Allen Road
Access ToWilson Subway Station
Access ToWilson Subway Station
Elliot Medoff *(416) [email protected]
For more information, please contact:
* Sales Representative
© 2017 Jones Lang LaSalle IP, Inc. All rights reserved. No part of this publication may be reproduced by any means, whether graphically, electronically, mechanically or otherwise howsoever, including without limitation photocopying and recording on magnetic tape, or included in any information store and/or retrieval system without prior written permission of Jones Lang LaSalle. The information contained in this document has been compiled from sources believed to be reliable. Jones Lang LaSalle or any of their affiliates accept no liability or responsibility for the accuracy or completeness of the information contained herein and no reliance should be placed on the information contained in this document.
OFFERING PROCESS
JLL has been exclusively retained by Build Toronto to seek proposals to acquire the property. Interested parties will be required to execute and submit the Vendor’s form of Confidentiality Agreement prior to receiving detailed information about the property. Additionally, interested parties will be invited to submit a Letter of Intent on a specific date that will be communicated by the Advisor at least fourteen (14) days in advance.
FINANCING
The property may be acquired free and clear of any existing financing.
Retail InvestmentOpportunity
BILLY BISHOPWAY75
Matthew Smith *(416) [email protected]
Nick Macoritto *(416) [email protected]
Matt Picken *(416) [email protected]