343 for Sale
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343 Dundas Street London, ON For Sale London Corporate Centre Downtown Office Building Eric Heizer Lisa Handa, P. Eng. Associate Vice President Sales Representative Sales Representative Cell: +1 226 777 7090 +1 519 438 4300 EXT 204 +1 519 438 4300 EXT 206 [email protected] [email protected] Colliers is pleased to offer for sale the London Corporate Centre located at 343 Dundas Street in the Downtown London core. This large five-storey freestanding building has prominent corner exposure at the traffic signalized intersection of Waterloo Street and Dundas Street. The building offers Highlights excellent branding opportunity and beautifully finished turnkey executive office space. Security features of the building include controlled elevator access to all floors of the building and punch-code security for private office suites. High quality finished throughout, with features such as executive lounges, generous boardrooms, private meeting rooms, and on-site parking. Attractive opportunity for both investors and owner-occupiers. The building is located directly across the street from the Delta London Armories, and in close proximity to the Hilton DoubleTree, YMCA Centre Branch, RBC Place London (former London Convention Centre), Citi Plaza and numerous downtown amenities including restaurants, parks and shopping. Address 343 Dundas Street, London, ON Building Area 36,403 SF Storeys 5 1 - Storey 7,212.90 SF 2 - Storey 7,211.95 SF 3 - Storey 7,326.08 SF SUBJECT PROPERTY 4 - Storey 7,326.08 SF 5 - Storey 7,326.08 SF Lot Front 200.06 FT Current Zoning DA2 On-site Parking 43 spaces Year Built 1987 Asking Price $6,900,000.00 Demographics within Trade Area (3 km Radius) Retail Landscape within Trade Area (3 km Radius) Clothing Coffee Grocery 2019 2019 Average Restaurants Retailers Banks Shops Stores population Household Income 69,714 $50,809 69 6 28 20 7 PIINPOINT 2021 (53.1%) (4.6%) (21.5%) (15.4%) (5.4%) SUBJECT PROPERTY | 343 DUNDAS STREET, LONDON, ON DA2 THE FOLLOWING USES ARE PERMITTED IN THE DA2 ZONE: • Retail stores • Film processing depots • Restaurants • Supermarkets • Financial institutions • Restaurants, outdoor patio • Amusement game establishments • Funeral homes • Schools • Apartment buildings (Z.-1-98577) • Group home type 2 • Senior citizen apartment buildings (Z.-1-94263) • Hotels (Z.-1-98577) • Apartment hotel (Z.-1-98577) (Z.-1-94263) • Institutions • Service and repair establishments • Art galleries • Laboratories • Service trades • Assembly halls • Laundromats • Studios • Bake shops • Libraries • Taverns • Clinics • Medical/dental offices • Theatres and cinemas • Commercial parking structures • Museums • Video rental establishments • Commercial recreation establishments • Offices • Lodging house class 2 (Z.-1-93172) • Convenience stores • Patient testing centre laboratories • Place of Entertainment. (Z.-1-96458 - • Day care centres • Personal service establishments O.M.B. File No. R 980047 - Order Issue • Dry cleaning and laundry depots • Places of Worship Date: June 25, 1998) • Duplicating shops • Printing establishments • Artisan Workshop (Z.-1-172561) • Dwelling units (Z.-1-98577) • Private clubs • Craft Brewery (Z.-1-172561) • Emergency care establishments • Repair and rental establishments Transit Stop Amenities Hospital 1 4 2 5 1 6 3 1 1 3 3 5 4 2 2 3 1 3 4 2 1 2 6 4 2 Business Restaurants/Café Schools & Recreation Facilities 1 One London Place 1 Crabby Joe’s Bar - Grill 1 Catholic Central High School 2 Citi Plaza Shopping Mall 2 Zen Gardens 2 London Bridge (Daycare) 3 City Centre Towers 3 Armouries Grill 3 Centre Branch YMCA 4 RBC Place London 4 Starbuck’s 5 The Morrissey House Travel & Transportation Services 6 Fox and Fiddle 1 Delta Hotels by Marriott 1 London Public Library 2 DoubleTree by Hilton 2 Refcio & Associates Shopping 3 Residence Inn by Marriott 3 Salvation Army 1 Citi Plaza Shopping Mall 4 Holiday Inn Express & Suites 4 Delta London Armouries 2 Canadian Tire 5 Hertz Car Rental 6 Impark (Parking) Floor 1 Plan Client: Beco Investment Corporation Beco Investment Corporation Version Created: 12/01/2020 FP1A Measured: 11/26/2020 343 Dundas Street London, Ontario, Canada FHC Floor 01 SPRINKLER ROOM MAIL BOX 100 ELEV UP ELEV. MACHINE ROOM FHC JAN. UP WWR MWR This work product has been prepared by Extreme Measures Inc. pursuant to a contract with the Client for the sole benefit of and use by the Client. No third party may rely on this work product without the receipt of a reliance letter from Extreme Measures Inc. 0 19 feet 1.877.963.2787 [email protected] www.xmeasures.com Floor 2 Plan Client: Beco Investment Corporation Beco Investment Corporation Version Created: 12/01/2020 FP1A Measured: 11/26/2020 343 Dundas Street London, Ontario, Canada OPEN TO Floor 02 BELOW 202 203 FHC 205 206 207 ELEV DN 201 204 UP ELECTRICAL ROOM FHC STORAGE JAN. ROOM UP DN WWR MWR 216 215 214 213 KITCHEN 209 208 This work product has been prepared by Extreme Measures Inc. pursuant to a contract with the Client for the sole benefit of and use by the Client. No third party may rely on this work product without the receipt of a reliance letter from Extreme Measures Inc. 0 19 feet 1.877.963.2787 [email protected] www.xmeasures.com Floor 3 Plan Client: Beco Investment Corporation Beco Investment Corporation Version Created: 12/01/2020 FP1A Measured: 11/26/2020 343 Dundas Street London, Ontario, Canada Floor 03 301 302 303 FHC ELEV DN 315 304 305 306 307 UP FHC STORAGE JAN. ROOM UP DN 314 313 WWR MWR KITCHEN 309 308 This work product has been prepared by Extreme Measures Inc. pursuant to a contract with the Client for the sole benefit of and use by the Client. No third party may rely on this work product without the receipt of a reliance letter from Extreme Measures Inc. 0 19 feet 1.877.963.2787 [email protected] www.xmeasures.com Floor 4 Plan Client: Beco Investment Corporation Beco Investment Corporation Version Created: 12/01/2020 FP1A Measured: 11/26/2020 343 Dundas Street London, Ontario, Canada 402 Floor 04 401 403 404 405 406 ELEV FHC DN UP FHC STORAGE STORAGE JAN. ROOM ROOM UP DN 415 414 413 KITCHEN WWR MWR 409 408 407 This work product has been prepared by Extreme Measures Inc. pursuant to a contract with the Client for the sole benefit of and use by the Client. No third party may rely on this work product without the receipt of a reliance letter from Extreme Measures Inc. 0 19 feet 1.877.963.2787 [email protected] www.xmeasures.com Floor 5 Plan Client: Beco Investment Corporation Beco Investment Corporation Version Created: 12/01/2020 FP1A Measured: 11/26/2020 343 Dundas Street London, Ontario, Canada Floor 05 501 502 503 504 ELEV DN FHC ROOF ACCESS LADDER FHC STORAGE ROOM STORAGE JAN. ROOM DN WWR MWR 513 512 511 KITCHEN 507 506 505 This work product has been prepared by Extreme Measures Inc. pursuant to a contract with the Client for the sole benefit of and use by the Client. No third party may rely on this work product without the receipt of a reliance letter from Extreme Measures Inc. 0 19 feet 1.877.963.2787 [email protected] www.xmeasures.com CONTACT US ERIC HEIZER LISA HANDA, P. ENG. Associate Vice President, Sales Representative Sales Representative Cell: +1 226 777 7090 +1 519 438 4300 EXT 204 +1 519 438 4300 EXT 206 [email protected] [email protected] Our mission Maximize the potential of property to accelerate the success of our clients and our people. COLLIERS | LONDON This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested 650 Colborne St., party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions London, ON N6A 5A1 and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2021. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. +1 519 438 4300 Colliers International London Ontario, Brokerage. www.collierscanada.com CONFIDENTIALITY AGREEMENT Colliers Canada | London Colliers International London Ontario, Brokerage 650 Colborne Street, London, ON N6A 5A1 RE: 343 Dundas Street, London ON +1 519 438 4300 Return to: [email protected] or [email protected] For the purposes of evaluating all aspects 343 Dundas Street, London (hereinafter referred to as “the Property”) the undersigned requests that COLLIERS INTERNATIONAL LONDON ONTARIO, BROKERAGE(hereinafter referred to as “Colliers”) provides the undersigned with confi- dential information relating to the Property. In consideration of Colliers agreeing to provide the undersigned with such information, the undersigned agrees as follows: 1. To treat confidentially, such information and any other information that Colliers or its advisors furnish to the under-signed, whether fur- nished before or after the date of this Agreement, whether furnished orally or in writing or gathered by inspection, and regardless of whether specifically identified as “confidential” (collectively, the “Evaluation Material”). 2. Not to use any of the Evaluation Material for any purpose other than the exclusive purpose of evaluating the possibility of a purchase and sale transaction relating to the Property. The undersigned agrees that the Evaluation Material will not be used in any way detrimental to the property or Colliers and that such information will be kept confidential by the undersigned, its directors, officers, employees and representa- tives and these people shall be informed by the undersigned of the confidential nature of such information and shall be directed to treat such information confidentially.