11 Spalding Drive, Brantford

Home , Greater Toronto Area

For Sale: Industrial Building Jim McIntosh*, Sr VP 905.917.2036 [email protected]

Jay Finch*, VP 905.917.2037 [email protected]

Andrew Kerr*, Associate 905.917.2039 [email protected]

*Sales Representative

Here is where your business will grow.

201-60 Columbia Way, Markham 905.752.2220 • lennard.com Property Overview

Building Specifications

Asset Class Industrial

Building Size 123,780 SF

Warehousing Area 116,180 SF

Office Area 7,600 SF

Land Size 10.7 Acres Introduction Coverage Ratio 27% Lennard Commercial Real Estate, on behalf of the Vendor, Excess Land Approx. 4 acres is pleased to present for sale or for lease, 11 Spalding Drive, Brantford. The opportunity consists of a 123,780 SF industrial Clear Height 14’ building located in a diverse commercial and industrial node surrounded by an abundance of amenities. The Building is Shipping Doors 1 Drive-in Door, 6 Dock Doors situated on approximately 10.7 acres of land, providing a low coverage ratio of only 27%, allowing for ample additional land Power 2000 amps / 600 volts uses or future expansions and re-development. Number of Current Units 1

Building Overview Number of Possible Units 2 11 Spalding Drive has a range of different warehouse areas, along with 7,600 SF of front office. The building can be demised into Asking Price $6,200,000 ($50 PSF) two more units, providing flexibility for users and investors. With approximately 4 acres of excess land and neighboured by park lands to the East and West, the Spalding Drive corridor is a Class A industrial, commercial and recreational node. Amenities in the immediate area include; Tim Hortons, McDonalds, Starbucks, Shoppers Drug Mart, Sobeys among many others.

lennard.com Property Overview Building Site Plan

Multiple Unit Potential

lennard.com Property Overview Excess Land

Approx. 4 Acres

lennard.com Property Overview Potential Self-Storage Conversion

11 Spalding Drive is an ideal candidate to be converted into a self-storage building. The traditional configuration, and ability to divide the facility into multiple units allows self-storage operators to phase construction while leasing out a portion of the building for additional holding income. The 4 acres of excess land allows for future expansion, and is well configured for the development of drive-up storage units.

The location of 11 Spalding Drive is desirable for a self-storage facility, as it is situated in a high traffic area with excellent exposure. Positioned next to a large retail node, the 11 Spalding Drive facility can be seen from Ballantyne Drive and also from the Sobeys parking lot on Colborne Street West, a main arterial road in Brantford. In addition to having exposure to the neighbouring high-traffic retail area, a municipal baseball diamond and multiple soccer fields that host a variety of recreational and competitive leagues are located on both sides of 11 Spalding Drive. These recreational fields drawa high volume of traffic directly to the Property on a daily basis.

lennard.com 11 Spalding Drive

lennard.com Location Overview

In addition to being surrounding by amenities, 11 Spalding Drive provides efficient transportation to the Greater Toronto Area and key southwestern Ontario markets such as London, Kitchener-Waterloo and Windsor. Highway 403 is located minutes to the north, providing direct connectivity to Highway 401, Ontario’s main east-west corridor stretching from Quebec to Windsor.

Downtown Brantford

11 Spalding

lennard.com Location Overview Logistical Efficiencies Strategically located in a highly connected transportation hub, Brantford is in proximity to major Canadian and U.S. markets. Situated in a central industrial node, 60% of all manufacturing establishments in North America can be reached within one day by truck, as well as 70% of the Canadian population, 48% of the U.S. population, 10 out of the 12 U.S. industrial markets, and a reach that encompasses 130 million people. The City also has direct access to CN Railway’s Windsor-Quebec Line and Southern Ontario Railway, providing transportation through the railway network as well as three international airports.

lennard.com Brantford Market Overview

Multi-Modal Transportation Growing Education Base Toronto Lester B. Pearson International Airport The City of Brantford sees higher education as a necessary • Largest airport in Canada catalyst for economic development, helping to raise the overall • Processes over 45% of air cargo in Canada education and skill level of the community to support growth • Three primary cargo facilities totaling 1.2 million square feet of sectors in the City and attract public and private investment. warehouse space Currently, there are two universities and colleges located in • Five full length CAT I and III runways with 24/7 customs the downtown core of Brantford, Wilfrid Laurier University, and clearance: 3,389 x 60m, 2956 x 60m, 2,743 x 60m, 3,368 x Conestoga College. The common programming among the 60m, 2,770 x 60m institutions is in the service industries, primarily arts, education, and health, shifting focus to a knowledge based economy. John C. Munro Hamilton International Airport • Serves as a reliever for Toronto Lester B. Pearson International Airport • One CAT I runway: 3,050 x 61m • 77,000 square feet warehouse capacity

London International Airport • Air Canada Express, WestJet and WestJet Encore serve London International Airport, along with multiple cargo airlines • Located only 45 minutes from Brantford • The airport has sparked significant industrial leasing and development activity in the surrounding area

Railway • Direct connection to CN Rail’s Windsor-Quebec Main Line • Southern Ontario Railway operated by Genessee & Wyoming Inc. extends network south east to Nanticoke

Road Infrastructure • Two major arterial thoroughfares, Highway 403 and 401 running east and west respectively link Brantford to the rest of Wilfrid Laurier University, Brantford Campus North America

lennard.com Brantford Market Overview

Economic Overview The City of Brantford along with the County of Brant was designated as a Census Metropolitan Area (CMA) in 2006, and the combined population has grown beyond 135,000. According to the 2011 Census profile, Brantford’s 8.7% growth rate placed the CMA as the third fastest growing CMA in Ontario, and the 10th fastest in Canada. In 2015, 2017 and 2018, fDi Magazine ranked Brantford 8th in their bi-annual, Top 10 American Micro-Cities of the Future ranking, against 422 cities in North, South, and Central America. The study was based on economic potential, human resources, cost effectiveness, infrastructure, and business friendliness.

Rank Company Industry Employees Food 1 Ferrero Canada Ltd 1155 Manufacturing Warehouse & 2 Excel Canada Ltd./ DHL 410 Distribution Food 3 TreeHouse Foods Inc. 404 Manufacturing Chemical 4 Apotex Pharmachem Inc. 380 Manufacturing Food 5 Aryzta Canada Co 335 Manufacturing Chemical 6 S.C. Johnson & Son Ltd 300 Manufacturing Machinery 7 Tigercat Industries Inc. 289 Manufacturing Warehouse & 8 The Marco Corporation 267 Distribution Food 9 Maple Leaf Foods 225 Manufacturing Plastic & Rubber 10 Atlas Hydraulics Inc 200 Products

lennard.com Jim McIntosh*, Senior Vice President 905.917.2036 [email protected] Jay Finch*, Vice President 905.917.2037 [email protected] Andrew Kerr*, Associate 905.917.2039 [email protected]

201-60 Columbia Way, Markham 905.752.2220 lennard.com

*Sales Representative Statements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility. Lennard Commercial Realty, Brokerage 2018.