5261 Highway 7 East | Markham Retail for Lease
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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.