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BUILDING SUMMARY Core CBD Office Opportunity 77 Metcalfe Street Ottawa, ON

Core CBD Office Opportunity 77 Metcalfe Street

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Page 1: Core CBD Office Opportunity 77 Metcalfe Street

BUILDING SUMMARY

Core CBD Office Opportunity77 Metcalfe Street Ottawa, ON

Page 2: Core CBD Office Opportunity 77 Metcalfe Street

126,000 SFRENTABLE BUILDING AREA

Renovated 1996 BUILT 1954

Direct AccessTO PUBLIC TRANSIT

$17.61ADDITIONAL RENT (est. 2021)Sublet until October 31st, 2022

Parking UNDERGROUND (full floor)

2021/22OCCUPANCY

In the fall of 2021 the entire complex at 77 Metcalfe, about 126,000 rentable square feet plus parking and storage will be available to lease. Complete with leasehold improvements and furnishings all or a major portion of this building will be available as a sublease for any temporary office requirement up to 14 months.

THE BUILDING

Page 3: Core CBD Office Opportunity 77 Metcalfe Street

77 Metcalfe Street is a 126,000 square foot office building located in the heart of Ottawa’s Central Business District (CBD).

• A One Level underground garage can park 17 vehicles

• There is storage space on two basement levels

• Spectacular upper floor views of Parliament Hill

BUILDING HIGHLIGHTS

Page 4: Core CBD Office Opportunity 77 Metcalfe Street

77 Metcalfe Street, Ottawa, Ontario Statement of Operating Costs

Operation Cost for 2020, 2019 & 2018

This statement has been prepared on accrual basis of accounting in accordance with Section 4 of the standard lease agreement and includes all the expenditures necessary to maintain the property as defined in Section 4 of the standard lease agreement during the

years ended December 31, 2018, 2017, 2016. The determination of operation expenses requires management to make estimates and assumptions that affect the reporting amounts of expenses during the report period. Actual results could differ from those estimates.

2020 2019 2018

Utilities $470,494.92 $459,782.00 $416,415.00

Janitorial $292,254.48 $285,600.00 $268,574.00

Mechanical and electrical $122,519.71 $119,730.00 $139,126.00

Management fee $143,466.66 $140,200.00 $136,756.00

General and administrative $128,574.58 $125,647.00 $109,740.00

Exterior grounds $81,440.35 $79,586.00 $79,633.00

Repairs and maintenance $162,599.30 $158,897.00 $119,622.00

Insurance $32,713.88 $31,969.00 $60,327.00

Security $15,339.27 $14,990.00 $25,482.00

Lighting $1,614.77 $1,578.00 $8,354.00

Parking lot n/a n/a $19,030.00

Property taxes $991,240.01 $968,670.00 $987,570.00

Adjustment n/a -$3,237.00 n/a

Total $2,442,257.92 $2,383,412.00 $2,370,629.00

Rental Area 139,163.00 139,163.00 139,163.00

Annual Operation Costs ($PRSF) $17.55 $17.13 $17.03

Page 5: Core CBD Office Opportunity 77 Metcalfe Street

Floor 12 - 9,139.38 SF

Floor 11 - 10,679.92 SF

Floor 10 - 11,554.99 SF

Floor 9 - 11,540.01 SF

Floor 8 - 11,540.01 SF

Floor 7 - 11,540.01 SF

Floor 6 - 11,540.01 SF

Floor 5 - 11,540.01 SF

Floor 4 - 11,537.61 SF

Floor 3 - 11,540.28 SF

Floor 2 - 10,156.82 SF

Floor 1 - 3,419.63 SF

LL-B1 - Storage or ParkingLL-B2 - Office / Storage

STACKING PLAN

Total Common Area - 13,434.32 SFTotal BOMA 1996 Gross - 139,163.00 SF

Sub-Total - 125,728.68 SF

Page 6: Core CBD Office Opportunity 77 Metcalfe Street

Existing improvements & furnishings will remain for subtenant use until end of sublease term.

Page 7: Core CBD Office Opportunity 77 Metcalfe Street
Page 8: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 3,419.63 SF

Ground Floor

Page 9: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 10,156.82 SF

Floor 2

Page 10: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 11,540 SF

Floor 3

Page 11: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 11,537 SF

Floor 4

Page 12: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 11,540 SF

Floor 5

Page 13: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 11,540 SF

Floor 6

Page 14: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Floor 7

Rentable Office Area: 11,540 SF

Floor 7

Page 15: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 11,540 SF

Floor 8

Page 16: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 11,540 SF

Floor 9

Page 17: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 11,554.99 SF

Floor 10

Page 18: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 10,679.92 SF

Floor 11

Page 19: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 9,139.38 SFRentable Building Common Area: 680.41 SF

Floor 12

Page 20: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 8,862.74 SF

Basement Level

Page 21: Core CBD Office Opportunity 77 Metcalfe Street

Floor Plan

Rentable Office Area: 3,911.78 SF

Sub-Basement

Page 22: Core CBD Office Opportunity 77 Metcalfe Street

Cushman & Wakefield Ottawa*55 Metcalfe Street Suite 400Ottawa, ON K1P 6L5+1 613 236 7777www.cwottawa.com

*Brokerage, Independently owned and operated. Member of the Cushman & Wakefield Alliance

Kim Hall Vice President+1 613 780 [email protected]

Paul Bennett BrokerSenior Vice President +1 613 780 [email protected]

Cushman & Wakefield copyright 2021. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.