CANADA PORTFOLIO CBRE Limited (“CBRE”) Is Pleased to Offer for Sale, the Red Lobster Canada Portfolio; a 145,073 Sq
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CANADA PORTFOLIO CBRE Limited (“CBRE”) is pleased to offer for sale, The Red Lobster Canada Portfolio; a 145,073 sq. ft. national restaurant platform comprising 19 free-standing locations fully leased to Red Lobster (16) and Olive GaRoaden (3) in Ontario, Alberta, Manitoba and Saskatchewan (the “Properties” or “Portfolio”). The Portfolio provides a yukon territory rare opportunity to acquire a national retail platform of scale and with strong geographic diversity supported northwest territories by premier street-front locations in each of the 15 markets represented. With an exceptional weighted aver- nunavut age lease term remaining of 21.4 years, the Portfolio leases are absolute net to the landloRoad and incorporate british annual contractual rental rate increases that provide an investor with a coveted combination of income security columbia alberta manitoba and growth potential in locations featuring excellent exposure, accessibility and long term viability. saskatchewan quebec newfoundland ONTARIO prince The 16 Red Lobster locations are fully leased to Red Lobster Canada Inc., a subsidiary of Golden Gate Capital, new edward a San Francisco-based private equity firm withEXECUTIVE over $12 billion of capital under management. Red Lobster is brunswick island the world’s largest casual dining seafood restaurant company with over 700 locations worldwide commanding a ~50% market share in the seafood specialistSUMMARY category in North America and is the 5th largest casual dining chain overall. CBRE and Loblaw Properties are pleased to offer for sale The Portfolio also includes three Olive GaRoadena national restaurants portfolio, which comprised are fully ofleased 26 properties. to GMRI Canada The Inc., a subsidiary of DaRoaden Restaurants, the world’sportfolio largest represents full-service a unique restaurant opportunity company for with prospective over 1,500 res- Ontario taurant locations across the United States andpurchasers Canada. DaRoaden to acquire Restaurants centrally located, Inc. (NYSE:DRI) commercially is rated invest- ment grade by StandaRoad & Poor’s. designated sites, in strong Canadian retail markets. For general inquiries please contact Sean Comiskey and Brad Walford. ONTARIO FORT FRANCES PROPERTIES Address City Price Greenlane Road & Beamsville $1,232,000 Ontario Street 1175 Bishop Street North Cambridge $3,780,000 1060 Elgin Street West Cobourg $3,465,000 726 Broad Street East Dunnville $1,300,000 1112 Kings Highway Fort Frances $1,500,000 th Lt 13-14 10 Street Hanover $1,700,000 perth 38 Charles Street & Kingston $800,000 600 Bagot Street 118 Dundas Street East Paris $4,750,000 65 Dufferin Street Perth $4,500,000 kingston trenton 135 Dundas Street East Trenton $325,000 hanover cobourg 65 Springbank Avenue Woodstock $600,000 (Units 2-5) paris cambridge woodstock beamsville dunnville *Sales Representative | CBRE Limited | 2005 Sheppard Avenue East, Suite 800 | Toronto, ON M2J 5B4 | www.cbre.ca January 2019 | 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 canadamap- [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth CBRE Limited (“CBRE”) is pleased to offer for sale, The Red Lobster Canada Portfolio; a 145,073 sq. ft. national restaurant platform comprising 19 free-standing locations fully leased to Red Lobster (16) and Olive GaRoaden (3) in Ontario, Alberta, Manitoba and Saskatchewan (the “Properties” or “Portfolio”). The Portfolio provides a yukon territory rare opportunity to acquire a national retail platform of scale and with strong geographic diversity supported northwest territories by premier street-front locations in each of the 15 markets represented. With an exceptional weighted average nunavut lease term remaining of 21.4 years, the Portfolio leases are absolute net to the landlord and incorporate annual british contractual rental rate increases that provide an investor with a coveted combination of income security and columbia alberta manitoba growth potential in locations featuring excellent exposure, accessibility and long term viability. saskatchewan quebec newfoundland ONTARIO prince The 16 Red Lobster locations are fully leased to Red Lobster Canada Inc., a subsidiary of Golden Gate Capital, new edward a San Francisco-based private equity firm withNEW over $12BRUNSWICK billion of capital under management. Red Lobster is brunswick island the world’s largest casual dining seafood restaurantNOVA company SCOTIA with over 700 locations worldwide commanding a ~50% market share in the seafood specialist category in North America and is the 5th largest casual dining chain overall. PEI The Portfolio also includes three Olive GaRoaden restaurants which are fully leased to GMRI Canada Inc., a subsidiary of DaRoaden Restaurants, the world’sQUEBEC largest full-service restaurant company with over 1,500 res- taurant locations across the United States andPROPERTIES Canada. DaRoaden Restaurants Inc. (NYSE:DRI) is rated invest- ment grade by Standard & Poor’s. NEW BRUNSWICK Address City Price 739 Pleasant Drive Minto $125,000 NOVA SCOTIA Address City Price Lot 1 Main Street Liverpool $25,000 13 Queen Street Truro $1,000,000 quebec PEI Address City Price 37435 Western Road O’Leary $750,000 JONQUIERE QUEBEC new O’LEARY Address City Price brunswick 2334 Rene Levesque Jonquiere $1,800,000 TRURO 236-238 Rue De L’Arena Magog $160,000 nova Route 132 & Rue Macon St. Constant $5,800,000 MINTO 1840 Boulevard Mgr-Langlois Valleyfield $4,800,000 scotia LIVERPOOL magog Street constant valleyfield *Sales Representative | CBRE Limited | 2005 Sheppard Avenue East, Suite 800 | Toronto, ON M2J 5B4 | www.cbre.ca January 2019 | 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 canadamap- [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth CBRE Limited (“CBRE”) is pleased to offer for sale, The Red Lobster Can- ada Portfolio; a 145,073 sq. ft. national restaurant platform comprising 19 free-standing locations fully leased to Red Lobster (16) and Olive GaRoaden yukon territory (3) in Ontario, Alberta, Manitoba and Saskatchewan (the “Properties” or northwest territories “Portfolio”). The Portfolio provides a rare opportunity to acquire a national nunavut retail platform of scale and with strong geographic diversity supported by british premier street-front locations in each of the 15 markets represented. With columbia manitoba an exceptional weighted average lease term remaining of 21.4 years, the saskatchewan quebec newfoundland ONTARIO prince Portfolio leases are absolute net to the landlord and incorporate annual new edward contractual rental rate increases that provide an investor with a coveted brunswick island combinationALBERTA of income security and growth potential in locations featuring excellent exposure,SASKATCHEWAN accessibility and long term viability. The 16 Red Lobster locations are fully leased to Red Lobster Canada Inc., a subsidiaryMANITOBA of Golden Gate Capital, a San Francisco-based private equity firm with over $12 billion of capital under management. Red Lobster is the ALBERTA world’s largestPROPERTIES casual dining seafood