5261 HIGHWAY 7 EAST | MARKHAM RETAIL FOR LEASE
1,750 TO 3,550 SF FOR LEASE AT THE SEVEN STAR PLAZA SOUTH EAST CORNER OF HWY 7 & MCCOWAN ROAD ONE UNIT REMAINING FOR MORE INFORMATION PLEASE CONTACT
ASHLAR CROSBY CAIRO REALTY INC. Real Estate Brokerage 60 Renfrew Drive, Suite 240 Markham, ON L3R 0E1 T 905 695 9222 F 905 695 9169 W ashlarcc.com
GREATER TORONTO’S COMMERCIAL REAL ESTATE EXPERTS
HAROON AMADI Sales Representative D 905 695 9258 C 416 948 3453 [email protected]
The statements contained in this document are based upon the information furnished by the principal and sources which we deem reliable - for which we assume no responsibility which we believe to be cor- rect. This submission is made subject to prior sale, change in price or terms, or withdrawal without notice. Prospective purchasers or tenants should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted on matters related to this presentation. Ashlar Crosby Cairo Realty Inc., Real Estate Brokerage SEVEN STAR PLAZA | 5261 HWY 7 E
PROPERTY SUMMARY
Located on the south east corner of Highway 7 and McCowan Road, Seven Star Plaza offers an excellent retail opportunity in Markham. Current tenants include TD Canada Trust, Party City, Hero Burgers and Popeye’s Chicken. This plaza is close to major malls, boasts exceptional traffic counts and is easily accessible.
HIGHLIGHTS
• Prime Markham intersection • Ample parking • Easy Access to Highways • Walking distance from Go Station, numerous schools and Centennial Community Centre • Right across from Markville Mall • High traffic counts
DETAILS
ASKING RATE $28.00 PSF
ADDITIONAL RENT $10.25 PSF (est. 2015)
OCCUPANCY Immediate
TERM 5 - 10 years
AVAILABLE SPACE Building C, Unit 102: 3,548 SF - can be demised to 1,750 SF
01 LOCATION MAP
16TH AVENUE
HIGHWAY 404 1 HIGHWAY 7
SEVEN STAR PLAZA HIGHWAY 407
14TH AVENUE
WOODBINE AVENUE RODICK ROAD
DENISON STREET
2
STEELES AVENUE 9TH LINE BRIMLEY ROAD BRIMLEY
KENNEDY ROAD MCNICOLL AVENUE
MCCOWAN ROAD MIDDLEFIELD ROAD MIDDLEFIELD
WARDEN WARDEN AVENUE
BIRCHMOUNT ROAD BIRCHMOUNT MARKHAM ROAD MARKHAM
TRUE NORTH SUBJECT PROPERTY
GO TRAIN STATION
1 MARKVILLE MALL 2 PACIFIC MALL & MARKET VILLAGE
SCHOOL
GOLF COURSE
BUTTONVILLE AIRPORT
MILLIKEN MILLS COMMUNITY CENTRE MARKHAM CIVIC CENTRE
MARKHAM STOUFFVILLE HOSPITAL
VIVA RAPID TRANSIT LINES
02 AERIAL VIEW FACING SOUTH
MCCOWAN ROAD
HIGHWAY 7
03 PHOTOS 00 PHOTOS
00 SITE PLAN BUILDING C, UNIT 102 | 3,548 SF HIGHWAY 7 MCCOWAN RD MCCOWAN
HIGHWAY 7 MCCOWAN RD MCCOWAN
IMMEDIATELY AVAILABLE: 1,750 SF (EXISTING CONDITIONAL LEASE IN PLACE FOR 1,798 SF)
07 DEMOGRAPHICS MAP
5km
3km
2km
SUBJECT PROPERTY
08 LOCATION STATISTICS
DEMOGRAPHIC SNAPSHOT 2 KILOMETRE RING 3 KILOMETRE RING 5 KILOMETRE RING TOTAL POPULATION 2015 estimated 30,353 80,049 231,849 2020 estimated 33,317 87,958 253,792 2025 estimated 36,468 96,882 278,514
Growth 2015 - 2020 9.77% 9.88% 9.46% Growth 2015 - 2025 20.15% 21.03% 20.13%
MEDIAN AGE 44.9 42.4 40.5 18+ YRS POP MEDIAN AGE 50.5 49.1 47.6
2015 POPULATION IN LABOUR FORCE In Labour Force 16,062 62% 42,408 63% 122,757 64% Not In Labour Force 9,847 38% 24,883 37% 70,295 36%
2015 HOUSEHOLDS Persons per household 3.10 3.30 3.50
2015 HOUSEHOLDS BY INCOME 9,693 %BASE 23,996 %BASE 67,450 %BASE (CURRENT YEAR $) under $40,000 1,235 12.74% 2,964 12.35% 9,051 13.42% $40,000 - $60,000 1,199 12.37% 2,691 11.21% 8,296 12.30% $60,000 - $80,000 1,137 11.73% 2,657 11.07% 7,678 11.3 8% $80,000 - $100,000 1,340 13.82% 3,096 12.90% 8,617 12.78% $100,000 - $150,000 2,635 27.18% 6,508 27.12% 17,431 25.84% $150,000 - $200,000 1,168 12.05% 3,298 13.74% 8,556 12.68% $200,000 - $250,000 294 3.03% 858 3.58% 2,367 3.51% $ 250,000 and over 445 4.59% 1,303 5.43% 3,603 5.34% 2015 AVERAGE HOUSEHOLD INCOME $113,852 $120,812 $117,784 2015 MEDIAN HOUSEHOLD INCOME $95,447 $99,799 $95,897
TRAFFIC COUNT REPORT MILES FROM STREET CROSS STREET AVERAGE DAILY VOLUME SUBJECT PROPERTY Southdale Drive Walkerton Drive 1,115 0.07 Highway 7 McCowan Road 36,781 0.16 Highway 7 Laidlaw Boulevard 33,407 0.21 McCowan Road Heritage Road 48,572 0.26 McCowan Road South Unionville Avenue 42,479 0.29 Conservation Avenue Gladiator Road 2,289 0.34 Bullock Drive Markville Road 13,426 0.39 Bullock Drive Austin Drive 10,277 0.43 Laidlaw Boulevard Bullock Drive 6,821 0.49 Cariglia Trail Caboto Trail 4,961 0.50
Source: CoStar. 5261 Hwy-7 E, Markham, ON L3P 3J3 09 GREATER TORONTO’S COMMERCIAL REAL ESTATE EXPERTS