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CONTACT Danny Shvartsman CBRE Limited 2005 Sheppard Avenue East Suite 800 Toronto, ON | M2J 5B4 Sean Comiskey* Associate Vice President Associate Vice President Brad Walford* FOR SALE USER/INVESTOR OPPORTUNITY *Sales Representative KING TOWN PLAZA 1303-1323 King Street East, Oshawa, ON Sales Representative +1 416 495 6204 [email protected] OUTLINES ARE APPROXIMATE

1303 USER/INVESTOR OPPORTUNITY-1323 KING …images2.loopnet.com/d2/fSDp94fueD7DKlX1... · The City of Oshawa is located in the Region of Durham, serving as a major commercial and

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CONTACT

Danny ShvartsmanCBRE Limited

2005 Sheppard Avenue East Suite 800

Toronto, ON | M2J 5B4

Sean Comiskey*Associate Vice President Associate Vice President

Brad Walford*

FOR SALE1303-1323 KING STREET EAST, OSHAWA, ONUSER/INVESTOR OPPORTUNITY

*Sales Representative

KING TOWN PLAZA1303-1323 King Street East, Oshawa, ON

Sales Representative+1 416 495 [email protected]

OUTLINES ARE APPROXIMATE

www.cbre.ca

LOT AREA 1.33 ac. (260 ft. frontage)

LEASABLE AREA 13,348 sq. ft.

YEAR BUILTPHASE I: 2015PHASE II: 2017

HARVEY’S DRIVE-THRU

OIL CHANGERS

SPRAY KLEEN CAR WASH

NEW CONSTRUCTION

1,803 sq. ft. expiry 2025

1,800 sq. ft. expiry 2026

3,645 sq. ft. expiry 2025

6,100 sq. ft. vacant

PARKING 56 spaces

ENVIRONMENTAL Phase II available

MORTGAGE First mortgage available

ZONINGPSC-A (6)

Planned Strip Commercial

CURRENT NOI Call for details

PRICEUnpriced

(see offering process)

P R O P E R T Y D E TA I L S

N

1303-1323 King Street EastOSHAWA, ON

KING TOWN PLAZAFOR SALE

N

NOTABLE ATTRIBUTES

www.cbre.ca

LOCATION

• King Street East & Townline Road South

ZONING

• PSC-A (6) Planned Strip Commercial

EXCEPTIONAL FEATURES

• Newly built property

• Excellent location

• Well maintained buildings

• Long lease terms

FOR SALEN

N

1303-1323 King Street EastOSHAWA, ON

KING TOWN PLAZA

TENANT SUMMARY

www.cbre.ca

Harvey’s has been serving up flame-grilled, customized burgers since 1959. The Harvey’s franchise

has over 270 locations nationwide. Harvey’s is owned by CARA Operations Ltd. CARA is Canada's

most historic and largest full service restaurant company and owns many of Canada’s most

recognizable and favourite restaurant concepts including: Swiss Chalet, East Side Mario's, Milestones,

Casey's, Bier Markt, Kelsey’s, Montana's, Fionn MacCool's, and Harvey’s. CARA has system wide sales

of approximately $1.7 billion and over 840 restaurant locations across Canada.

www.harveys.ca

N

1303-1323 King Street EastOSHAWA, ON

KING TOWN PLAZA

TENANT SUMMARY

www.cbre.ca

Oil Changers is a Canadian run automotive service business with 31 locations, proudly serving all of

southern Ontario including: Ottawa, Barrie, Brampton, Mississauga, Whitby, Toronto,

Kitchener/Waterloo, Markham, Pembroke, Schomberg and Milton.

In addition to the oil change service offered in 9 minutes or less, Oil Changers offers emission testing

services, tire rotations and a host of other automotive services.

www.oilchangers.ca

N

1303-1323 King Street EastOSHAWA, ON

KING TOWN PLAZA

www.cbre.ca

ADDITIONAL PHOTOS

N

1303-1323 King Street EastOSHAWA, ON

KING TOWN PLAZA

www.cbre.ca

MARKET OVERVIEW

N

1303-1323 King Street EastOSHAWA, ON

KING TOWN PLAZA

The City of Oshawa is located in the Region of Durham, serving as a major commercial and industrial hub for

the Greater Toronto Area. Oshawa has two main interchanges that connect the city to Highway 401,

Stevenson Road and Harmony Road. Highway 401 acts as a major transportation hub for business serving

Southwestern, Central and Eastern Ontario. Oshawa is a growing bedroom community to the GTA and has

planned residential development to the east and north of the Subject Property.

King Town Plaza is situated on the south side of King Street between Townline Road and Eastlawn Street on a

high traffic commercial strip of Oshawa. The neighbouring site to the north of the Subject Property features

Kingsway Village Shopping Centre and a Walmart Supercentre with national tenants including Pita Pit, TD

Canada Trust, McDonald’s, Dollarama and No Frills. The neighbouring site to the east of the Subject Property

features a variety of retail tenants including Tim Hortons, Petro-Canada, Shoeless Joe’s and Swiss Chalet.

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 setout 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 doesnot 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 theInformation 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 anyreliance 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 recipientfrom 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 propertyof their respective owners. All Rights Reserved.

Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth

CONTACT

Danny ShvartsmanCBRE Limited

2005 Sheppard Avenue East Suite 800

Toronto, ON | M2J 5B4

Sean Comiskey*Associate Vice President Associate Vice President

Brad Walford*

1303-1323 KING STREET EAST, OSHAWA, ON

*Sales Representative

Sales Representative+1 416 495 [email protected]

OFFERING PROCESS 1303-1323 King Street EastOSHAWA, ON

KING TOWN PLAZA

The Seller has retained CBRE Limited (“CBRE”) on an exclusive basis to offer for sale the propertylocated at 1303-1323 King Street East, Oshawa (the “Property”).

SITE VISITSProperty tours will be conducted by private appointment and should be coordinated through theListing Agent.

ADDITIONAL INFORMATIONAll inquiries regarding the Property or any information contained in this Investment Summary shouldbe directed to the Listing Agent.

OFFER SUBMISSION GUIDELINESThe Seller invites interested parties to submit an offer to purchase the Property on the Seller’s form ofoffer, to be provided by the Listing Agent to prospective buyers upon request.

Offers will be reviewed by the Sellerafter 12:00 p.m. on June 14 2017.

All offers should be delivered or, preferably, sent via email to the Listing Agent.2005 Sheppard Avenue East, Suite 800, Toronto, ON M2J 5B4