693 Main Street DARTMOUTH | NOVA SCOTIA

CONFIDENTIAL INFORMATION MEMORANDUM 693 Main Street DARTMOUTH | NOVA SCOTIA

Accelerating success. P | 2 85 TACOMA DRIVE | DARTMOUTH, NS INSIDE

Investment Overview...... 4

Property Information...... 6

Area Overview...... 20

Contact ...... 26

P | 3 INVESTMENT OVERVIEW

Located in Dartmouth’s Main Street district, 693 Main Street has great visibility on a main traffic route, less than 7km from downtown Dartmouth. This well maintained two storey commercial building is currently home to a well established restaurant.

• Fully equipped kitchen and large dining area • Abundant parking • Large waterfront lot • Well known location • Substantial road and lake frontage • Potential for re-development

ASKING PRICE

$1,599,000

P | 4 EXECUTIVE SUMMARY P | 5 123456 PROPERTY STREET | CITY, PROVINCE | CITY, STREET 123456 PROPERTY PROPERTY INFORMATION

$1,599,000 Brick TENANCY Single Tenant (2019) ASSESSMENT TAX $583,300 ASKING PRICE PARKING and gravel Paved ZONING Commercial C-4, Highway SF area=10,000 floor *Maximum gross EXTERIOR BUILDING PROPERTY BOUNDARIES PROPERTY Main Street on Substantial frontage and Loon Lake YEAR BUILT 1990 NO. OF FLOORS Two PROPERTY ADDRESS PROPERTY Dartmouth, NS Street, 693 Main LAND AREA TOTAL Acres 1.06 AREA BUILDING SF 6,120 PHYSICAL DESCRIPTION PHYSICAL P |10 PROPERTY INFORMATION 693 MAIN STREET |DARTMOUTH, NS PROPERTY INFORMATION P | 11 693 MAIN STREET | DARTMOUTH, NS | DARTMOUTH, 693 MAIN STREET P |12 PROPERTY INFORMATION 693 MAIN STREET |DARTMOUTH, NS PROPERTY INFORMATION P | 13 693 MAIN STREET | DARTMOUTH, NS | DARTMOUTH, 693 MAIN STREET P |14 PROPERTY INFORMATION 693 MAIN STREET |DARTMOUTH, NS SITE PLAN

Forest Hills Pkwy Portland St Portland 693 MAIN ST

Loon Lake Main St Main 693 MAIN STREET | DARTMOUTH, NS | DARTMOUTH, 693 MAIN STREET

Forest Hills Extension Caledonia Rd 111

MIC MAC MIC MAC MALL

118

Woodland Ave Woodland CROSSING DARTMOUTH DARTMOUTH AMENITIES MAP AMENITIES P |18 PROPERTY INFORMATION 693 MAIN STREET |DARTMOUTH, NS Maximum 26feet (7.9 m) Width ofaramp: minimum20feet(6.1 m) Minimum angleofintersection ofaramp to aroad line45degrees Minimum distancefrom aramp or driveway to a road intersection 50feet(15.2m) Minimum distancebetween ramps or driveways 30 feet (9.1 m) belocatedcloserNo portionofapumpislandshall that: 20 feet(6.1 m)from any street line Minimum Frontage: 150feet(45.7 m) Minimum LotArea: 30,000 square feet(2787.0 m2) Notwithstanding the provisions ofSections18.2and18.7, where aservicestationiserected inany C-4Zone, the following apply: shall 18.5 OTHER REQUIREMENTS: SERVICE STATIONS permitted not more than one(1)access ontoProvincial Highway No.7for eachlot. any residential zoneor community uses zone,except where afenceor other visual barrier isprovided. be ofservicestations,shall (c) Noopenstorage or outdoor display bepermitted shall inany required yard within any C-4Zone where the required yard abuts (b) Noopenstorage bepermitted shall withinany required front yard. (a) Any area devoted to openstorage may notexceed fifty (50)per centof thelotarea. Where any portionofany lotinany C-4Zone is to beusedfor openstorage or outdoor display, the following apply: shall 18.4 OTHER REQUIREMENTS: OPEN STORAGE ANDDISPLAY feet (929m2)ofgross floor area. Notwithstanding the provisions ofSection18.1, nocommercial buildinginany C-4Zone exceed shall ten thousand (10,000) square 18.3 OTHER REQUIREMENTS: COMMERCIAL FLOOR AREA Maximum LotCoverage Maximum HeightofMainBuilding Minimum Rear or SideYard Minimum Front or FlankageYard Minimum Frontage: Minimum LotArea: the following: In any C-4Zone, where usesare permitted asCommercial Uses,nodevelopment beissued permitshall except inconformity with 18.2 C-4ZONE REQUIREMENTS: COMMERCIAL USES Existing dwellings Residential Uses Fraternal centres and halls. Institutional uses; Open spaceuses; Community Uses Car Washes (HEMCC-Oct. 2/14;E-Nov 1/14) Re-cycling depots. Veterinary hospitalsandkennels; Greenhouses andnurseries; Parking lots; Taxi andbusdepots; Service stations; Funeral establishments; Indoor commercial recreation uses; Hotels, motelsandmotor inns; Outdoor display courts; Restaurants; Banks andfinancialinstitutions; Service andpersonal serviceshops; Food stores; Retail stores; Commercial Uses No development beissued permitshall inany C-4(Highway Commercial) Zone except for the following: 18.1 C-4USES PERMITTED C-4 (HIGHWAY COMMERCIAL) ZONE 50 percent 35 feet(10.7 m) 15 feet(4.6m) 30 feet(9.1 m) 150 feet(45.7 m) on-site services-20,000 square feet(1858.1 m2) central services-10,000 square feet(929.0 m2) PROPERTY INFORMATION P | 19

landscaped area shall landscaped area 693 MAIN STREET | DARTMOUTH, NSCE | DARTMOUTH, 693 MAIN STREET Maximum Number of Dwelling Units Maximum Number 3 LRIS No. 619171 (i) where a change in occupancy does not increase the amount of parking, or open storage, or outdoor display within the within display outdoor or open storage, the amount of parking, or does not increase in occupancy a change (i) where lot; or commercial total the of (5) percent than five more its squarefootage building does not increase to a commercial an addition (ii) where the within display outdoor or open storage, the amount of parking, or in is no increase there and provided area, floor gross this addition. of lot as a result commercial (i) a minimum of fifty (50) feet in depth beginning at the normal high water mark, and running the entire length of the length of the entire and running mark, the normal high water at (50) feet in depth beginning (i) a minimum of fifty edge; water’s area. buffer the within shall be permitted open display or parking, storage (ii) no structures, water’s edge and shall contain either a mix of balled and burlapped shrubs that are a minimum of 40 cm in height that are shrubs a mix of balled and burlapped either edge and shall contain water’s at least four which are trees of coniferous a single row or (4) feet on centre, and planted at a maximum spacing of four and shrubs at trees of coniferous a combination or of eight (8) feet on centre, (4) feet in height and at a maximum spacing spacing; the required and of litter; free maintained and kept shall be properly the landscaped area (ii) landscaped area. the grassed within shall be permitted open display or parking, storage (iii) no structures, (iv) no structures, parking, storage or open display shall be permitted within the grassed landscaped area. the grassed within shall be permitted open display or parking, storage (iv) no structures, the length of the entire mark, and running normal high water the at feet in depth beginning ten (10) (i) a minimum of (i) a minimum of twenty (20) feet in depth running the entire length of the adjacent property line and shall contain adjacent property the length of the entire running (20) feet in depth twenty (i) a minimum of (6) feet in at least six which are trees of coniferous rows staggered two of at least consisting screen vegetation a (8) feet on centre; height and at a maximum spacing of eight an opaque ten (10) feet where to be reduced may landscaped area the grassed (ii) (i), Subsection 18.9(a) notwithstanding the grassed and boundary property the common along fence of at least six (6) feet in height is provided of six a mix of shrubs at a spacing or ten (10) feet on centre, at a maximum spacing of trees of a mix of nurserystock contain spacing; the required at and shrubs trees of nursery-stock a combination or (6) feet on centre, and of litter; free maintained and kept shall be properly the landscaped area (iii)

conditions: following the under required shall not be (b), a buffer or (d) Notwithstanding Subsection 18.9(a) (c) Notwithstanding Subsection 18.9(a) and (b), for any expansion or construction of a C-4 Zone use which is located on lands of a C-4 Zone construction or expansion any and (b), for (c) Notwithstanding Subsection 18.9(a) shall the buffer to Loon Lake, adjacent and PID 00619502 which are identified as PID 00638460, PID 00619775, PID 00619627, that is: vegetation of existing the retention of consist

to Loon Lake, located adjacent use which is of a C-4 Zone construction or expansion any for (b) Notwithstanding Subsection 18.9(a), is: that landscaped area consist of a grassed shall the buffer

be provided. The buffer shall consist of a grassed landscaped area that is: area landscaped consist of a grassed shall The buffer be provided. 18.9 OTHER REQUIREMENTS: BUFFERING AND SCREENING (C-Oct 30/97;E-Nov 29/97) AND SCREENING (C-Oct 30/97;E-Nov BUFFERING REQUIREMENTS: OTHER 18.9 be expanded, to are open storage or display, outdoor uses, including buildings, parking, commercial where C-4 Zone (a) In any shall uses, a buffer community or residential used for that is zoned or to property located on a lot which is adjacent or constructed be as follows: Civic Address Road 662 Preston 18.8 EXISTING MULTIPLE UNIT DWELLINGS MULTIPLE 18.8 EXISTING the to Subject the C-4 Zone. use within shall multiple unit dwellings be a permitted existing 18.1, Notwithstanding Section shallexisting multiple unit dwellings the identified within units permitted of maximum number the of Section 18.2 and requirements Unless otherwise required by the Provincial Department of Transportation and Communications, all uses which are permitted uses permitted all which are uses and Communications, of Transportation Department the Provincial by otherwise required Unless No. Highway onto Provincial access than one (1) not more shall of service stations, be permitted exception the with C-4 Zone in any each lot. 7 for provisions of Part 21 as are applicable. of Part 21 as are provisions ACCESS COMMERCIAL REQUIREMENTS: OTHER 18.7 18.6 C-4 ZONE REQUIREMENTS: COMMUNITY USES COMMUNITY REQUIREMENTS: C-4 ZONE 18.6 the with conformity in shall except permit issued be uses, no development as community permitted uses are where C-4 Zone, In any AREA OVERVIEW

P |22 AREA OVERVIEW 693 MAIN STREET |DARTMOUTH, NS Victoria. (KCW), St.John’s, QuébecCity, Regina, and cities: Kitchener-Cambridge-Waterloo 1.3% and third amongour benchmark greater than the nationalgrowth rate of from 432,000 to 440,000. Thiswas strong populationgrowth, growing by 1.9% Halifax had its second straight year of sea and truck transportation. and competitiveness of the city’s air,rail, was established to improve the efficiency year. In2004 the Halifax Gateway Council passengersmillion travelling through itper airport for Atlantic Canada,withover 4 built in1960,is the principalfull-service Halifax’s StanfieldInternationalAirport, over the CanadianNationalRailway’s lines. Many containers unloadedat the port travel currently beingupgraded andexpanded. two large container terminals, whichare year. Halifax’s portinfrastructure includes Maritimes, handlingover 1,500 vessels per Halifax is the principal port in the largest harbours. coast andishome to one of the world’s and central locationon the province’s east Regional Municipality occupies astrategic Halifax Regional Municipality. Halifax communitiesformneighbouring to the 1996 Halifax wasamalgamatedwith of the province’s total population.On1April 440,000 people,accounting for nearly 46% having apopulationofapproximately largest urbanarea inAtlantic Canada, Halifax is the capitalofNova Scotia and the Overview Halifax Economic Source: TheConferenceBoardofCanada years5.6% to 2018 andisforecast to continue to decrease over the next 5 rateunemployment The dropped• from 7.0% 6.3%(2017) to in the provincial and national averages • Steady populationgrowth expected for Halifax, outpacingboth following growth of1.6% ineachof the last two years • TheHalifax economy isforecast to expand by 1.8% this year, Highlights Unemployment Rate (2017) Unemployment Rate Percent Change (2018) Income Per Capita (2017) Income Per Capita Percent Change Population (2018) Population (2017) Percent Change (million) Real GDP (2018) (2017) (million) GDP Real (2018)

6.3% 7.0% 4.0% $45,809 $44,037 1.9% 440,000 432,000 1.6% $18,810 $18,514 Halifax 7.8% 8.4% 1.4% $44,037 $43,420 0.8% 958,000 950,000 1.3% $33,897 $33,460 Nova Scotia 5.8% 6.3% 2.4% $48,161 $47,024 1.3% 36,977,000 36,489,000 2.1% $2,052,161 $2,010,894 Canada AREA OVERVIEW P | 23

693 MAIN STREET | DARTMOUTH, NS | DARTMOUTH, 693 MAIN STREET than any other North American east coast container container North American east coast other than any port. and Boston to New York, Halifax • Flights from hours two than less are Montreal other than any to Europe air by faster hours • Two North American destination sea by away one day are and Boston • New York days three in rail by • Chicago can be reached BASE EDUCATION STRONG institutions and six degree-granting boasts Halifax students, including post-secondary 35,000 has over and universities students. The international 6,000 industries such as knowledge-based support colleges communications and information financial services, technology. (ICT), life sciences, and ocean technology Canada Atlantic hub for the healthcare is also Halifax Queen the and Centre Health IWK the like facilities via Centre. Elizabeth II Health Sciences EFFICIENCIES LOGISTICS CN Rail to an International Airport and In addition between located is strategically Intermodal, Halifax and Asian markets. European North American, major the via to India nautical miles closer is 1,500 Halifax North American west other than any Suez Canal to Southeast Asia closer port, and one full day coast

Sources: The Conference Board of Canada, Halifax Economic Growth Plan 2016-21 technology, defence, seafood, ocean-based defence, seafood, technology, advanced pharmaceuticals and nutraceuticals, and logistics. transportation and manufacturing, Bedford Institute of Oceanography, and the to be built the and Institute of Oceanography, Bedford and Entrepreneurship Ocean Ventures for Centre in oceanworking a multitude of firms (COVE), world- East Coast navy, to Canada’s is home Halifax the including facilities port, research deep-water class CANADA’S OCEAN CITY CANADA’S projecting GDP growth of 1.8%, led by continued continued led by of 1.8%, GDP growth projecting as well as and construction, in manufacturing strength the service sector. in growth steady The past two years have been the best for immigration immigration the best for been have years two The past since amalgamation in 1996. growth in 2019, year strong another expects • CBoC growth is higher then the national average of 1.3%. the national average then is higher growth with this growth of driver the key was • Immigration 4,500 international migrants. over welcoming Halifax • Halifax’s population climbed to 440,000 in 2018, to 440,000 population climbed • Halifax’s of This rate to 2017. compared 1.9% by growing population of 455,000, a labour force of 271,000, and of 271,000, force a labour population of 455,000, billion. a GDP of $19.8 vision to grow Halifax’s population to 550,000 and a to 550,000 population Halifax’s to grow vision 2031. (GDP) of $30 billion by domestic product gross 2021 includes a for the forecast term, nearer the In HALIFAX’S LONG TERM VISION TERM LONG HALIFAX’S term a long plan has set Growth Economic The Halifax P |24 AREA OVERVIEW 85 TACOMA DRIVE |DARTMOUTH, NOVA SCOTIA AREA OVERVIEW P | 25

693 MAIN STREET | DARTMOUTH, NS | DARTMOUTH, 693 MAIN STREET transportation (walking, cycling, skateboarding, etc.), six acres of land for development, and four and four development, of land for six acres etc.), skateboarding, (walking, cycling, transportation the 2020. In 2022, by will be complete the project open spaces. This phase of of parks and acres the will begin, which will include Street of Cogswell $650 million redevelopment complementary units. and condominium rental to 2,000 million SF of mixed-use space and up 2.5 of development 1,800 over currently are There project. major largest Halifax’s at Irving Shipbuilding remains Work Ship Patrol Offshore and Arctic third the for commenced Steel cutting employed. shipbuilders year. this Canadian Navy Royal the to be delivered to is scheduled AOPS the first and (AOPS), the as part of Scotia in Nova $580 million in contracts to over Irving Shipbuilding has committed full-time equivalent 9,500 to support estimated are These contracts National Shipbuilding Strategy. and $340 million in consumer $460 million in income and generate of employment person-years the province. spending within GROWTH STRONG saw a sector The construction in Halifax. investment of business driver the major Construction is the 10-year well above to 2016 and performed compared in 2017 activity in significant increase Provinces the Atlantic by as measured the city, spending in project major Annual average. to remain billion in 2017 and is forecasted was $1.9 Inventory, Projects Major Council’s Economic and non-residential residential several are projects these major the same in 2018. Among This will begin in 2019. Interchange the Cogswell of down tear The developments. construction active and paths for lanes of new bike kilo meters three will include project infrastructure • Next to five 100-series highways and 10-15 minutes from the airport, the port and downtown the port and downtown the airport, minutes from 10-15 100-series highways and five to • Next Halifax CN RAIL of the Port terminals in at both container with on dock rail • CN Main Line and CN Intermodal Facility Halifax 185,000 approximately in North America, moving largest their is in Halifax Autoport • CN owned year per vehicles INFRASTRUCTURE ROAD of North America the rest to linking Halifax network • Double-lane highway • US pre-clearance • US access with airside facility cargo air foot square • 40,000 ft x 200 ft ; 7,700 runways: 10,500 ft x 200 ft • Two OF HALIFAX PORT Ships Post-Panamax of handling Super the Canadian East Coast capable on Port • Only elevators) six grain cranes; Post-Panamax total of five (with terminals container • Two terminal Seaport full-service cruise • Halifax PARK LOGISTICS GATEWAY-HALIFAX ATLANTIC east of Montreal and of Boston industrial park north the largest park in • New logistics MULTI-MODEL TRANSPORTATION MULTI-MODEL AIRPORT INTERNATIONAL STANFIELD HALIFAX Canada in Atlantic airport • Largest CONFIDENTIAL INFORMATION MEMORANDUM

Greg Taylor Linda Harrie Managing Director Senior Vice President | Leasing +1 902 422 1423 +1 902 425 4396 [email protected] [email protected]

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