50,000-295,078 SF INDUSTRIAL DEVELOPMENT AVAILABLE Q2 2019 Partnership. Performance. 75 VENTURE DRIVE SCARBOROUGH, ON A V A I L A B L E FOR LEASE For more information, please contact: Ben Sykes 905.283.2324 ben.sykes@avisonyoung.com Eva Destunis 905.986.8006 eva.destunis@avisonyoung.com Ryan Hood, SIOR 905.986.8007 ryan.hood@avisonyoung.com Owned By: Developed By:
A V A I L A B L E F O R L E A S E 50,000-295,078 SF STATE OF THE ART DISTRIBUTION FACILITY On behalf of PIRET & Hopewell Development LP, Avison Young is pleased to introduce the lease offering of 295,078 square foot State-of-the-Art facility located at 75 Venture Drive in Scarborough, ON. Owned By: Developed By: AVAILABLE Q2 2019
A V A I L A B L E F O R L E A S E PROPERTY HIGHLIGHTS 36 CLEAR HEIGHT 295,078 sf BUILDING AREA 3% OFFICE AREA 57 Truck Level Doors (1 Truck Level Door Per 5,175 sf) 2 Drive-In Doors SHIPPING 14.82 acres LOT SIZE E 0.7 ZONING Q2 2019 POSSESSION Over 100,000 sf Less than 100,000 sf $6.95 psf $7.75 psf ASKING RENT TMI $3.50 psf (Estimate)
BUILDING SPECIFICATIONS A V A I L A B L E F O R L E A S E TOTAL AREA OFFICE AREA CLEAR HEIGHT 50,000-295,078 sf 3% - Offices designed to suit Tenant s individual needs 36 Under Joist SHIPPING 57 Truck Level (9 x 10 ) DOCK (1 Truck Level Door Per 5,175 sf ) 2 Drive-in Doors (12 x 14 ) 40,000 lbs electric levelers (7 x8 deck) BAY SIZE 54 x 40 - Marshalling Bay Depth of 60 WAREHOUSE LIGHTING ELECTRICAL HEATING SYSTEM SPRINKLERS High Efficiency LED Lighting Throughout 600 Volts, 1,600 Amps Gas Fired Industrial Air Heaters ESFR 50,000-295,078 sf Available CAR PARKING SLAB TRAILER POSITIONS Up to 230 Stalls 8 thick - Steel Fiber Reinforced 31 Active Trailer Positions ASKING RENT Over 100,000 sf $6.95 psf Less than 100,000 sf $7.75 psf TMI $3.50 psf (Estimate) Owned By: Developed By:
A V A I L A B L E F O R L E A S E SITE PLAN F.F.E. 149.55
BUILDING ELEVATION A V A I L A B L E F O R L E A S E ASSOC I AT I ON I O ONTAR
407 ETR ALDEN ROAD A V A I L A B L E F O R L E A S E EASY ACCESS TO HIGHWAYS 404 STEELES AVENUE KENNEDY ROAD WARDEN AVENUE FINCH AVENUE BRIMLEY ROAD SHEPPARD AVENUE 401 MORNINGSIDE AVENUE TORONTO ZOO 75 Venture Drive is located near the north east corner of Morningside Avenue & Sheppard Avenue East. With excellent highway, amenity and public transit access, 75 Venture Drive is located within minutes of Highways 401, 407 and 404. DISTANCE HIGHWAY 401 1.9 KM (3 minutes) HIGHWAY 407 12 KM (18 minutes) DON MILLS ROAD DON VALLEY PARKWAY VICTORIA PARK AVENUE ELLESMERE ROAD LAWRENCE AVENUE MARKHAM ROAD MCCOWAN ROAD EGLINTON AVENUE EAST KINGSTON ROAD HIGHWAY 404 HIGHWAY 412 DOWNTOWN CORE CN INTERMODAL TERMINAL CP INTERMODAL TERMINAL TORONTO PEARSON INTERNATIONAL AIRPORT 14 KM (18 minutes) 20 KM (16 minutes) 30 KM (27 minutes) 35 KM (28 minutes) 52 KM (37 minutes) 37 KM (27 minutes)
A V A I L A B L E F O R L E A S E AREA AMENITIES 205 RESTAURANTS 24 BANKS 297 RETAIL STORES 8 HOTELS 7 GAS STATIONS J-TOWN PACIFIC MALL STEELES AVENUE STEELES AVENUE 10 KM RADIUS 5 KM RADIUS 404 FINCH AVENUE WARDEN AVENUE KENNEDY ROAD BRIMLEY ROAD FINCH AVENUE MARKHAM ROAD 75 VENTURE DRIVE TORONTO ZOO VICTORIA PARK AVENUE SHEPPARD AVENUE MARKHAM ROAD MORNINGSIDE AVENUE 401 DON MILLS ROAD DON VALLEY PARKWAY ELLESMERE ROAD SCARBOROUGH TOWN CENTRE MCCOWAN ROAD ELLESMERE ROAD KINGSTON ROAD
PUBLIC TRANSIT A V A I L A B L E F O R L E A S E AGINCOURT GO 21 302 129 130 131 39 102 334 133 353 385 85 T TC BUS ROUTES REGULAR ROUTES 21 Brimley 39 Finch East 85 Sheppard East 95 York Mills 102 Markham Road 116 Morningside 129 McCowan North 130 Middlefield 131 Nugget 132 Milner 133 Neilson 134 Progress 132 HWY 401 134 CENTENNIAL COLLEGE: PROGRESS 116 HWY 401 BLUE NIGHT ROUTES 302 Kingston Rd-McCowan 334 Eglinton East 353 Steeles 385 Sheppard East 395 York Mills 3 SCARBOROUGH TOWN CENTRE 95 395 U OF T: SCARBOROUGH SUBWAY 3 Scarborough Line (connects to Bloor-Danforth Line)
75 FOR LEASE VENTURE DRIVE SCARBOROUGH, ON A V A I L A B L E Listed By: Owned By: Developed By: Avison Young is the world s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,400 real estate professionals in 80 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial, multi-family and hospitality properties. Founded in 2007, Pure Industrial Real Estate Trust is a leading public real estate investment trust that owns and operates a 24 MSF portfolio of modern industrial properties and development sites in key distribution markets across Canada and the United States. With over $3 billion in assets under management, PIRET is the largest publicly traded industrial REIT focusing on Canada. PIRET has worked on industrial developments in both Canada and the US, notably completing the 422,000 square foot state-of-the-art Vaughan package sorting facility for FedEx Ground in 2016. For almost 20 years, Hopewell Development LP has been recognized, and trusted, as one of the Canada s premier commercial real estate developers. Focused on the industrial, office and retail asset classes, Hopewell Development operates a fully-integrated platform that encompasses all disciplines relevant to commercial real estate development, from site selection, planning and design, construction, leasing, financing, and property management. For more information, please contact: Avison Young Commercial Real Estate (Ontario) Inc., Brokerage 77 City Centre Drive, Suite 301 Mississauga, Ontario, Canada L5B 1M5 T 905.712.2100 F 905.712.2937 avisonyoung.com Ben Sykes 905.283.2324 ben.sykes@avisonyoung.com Eva Destunis 905.986.8006 eva.destunis@avisonyoung.com Ryan Hood, SIOR 905.986.8007 ryan.hood@avisonyoung.com The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.