For Lease #724 Bank Street
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FOR LEASE #724 BANK STREET OTTAWA ONTARIO Accelerating success. 724 Key Highlights: • Rarely available end unit character space within The Glebe PROPERTY • Attractive unique facade with signage opportunity • Flagship retail opportunity at grade • Attractive to future office or retail users • Close proximity to Ottawa’s arterial routes including, Bank Street, OVERVIEW Bronson Avenue, and Queen Elizabeth Driveway • Easy access to East/West Highway 417 at Metcalfe Street Excellent corner exposure, 724 Bank Street is well positioned in the established Glebe neighbourhood of Ottawa, appealing to a broad base of tenants. Surrounded by improved historic buildings with detailed architecture, giving the immediate • Immediate area serviced by OC public transit, providing access to area a unique look. Ottawa’s robust labour pool At approximately 8,499 SF in size, set across a 3,488 SF lot, this 1945 building features two storeys for potential office • Recently upgraded with new roof, new hot water tank and boiler space and / or retail space. 5,340 SF is above grade, 3,159 SF is below grade (As per MPAC). • Available immediately Located on Bank Street at First Avenue, approximately 600 meters north of the Lansdowne, the property is encompassed by character commercial office space, a supportive residential and condominium market and a destination retail and dining scene in Ottawa. ASKING RENTAL RATE: $155,000/YEAR TRIPLE NET 2 724 BANK STREET PROPERTY HIGHLIGHTS Municipal Address 724 Bank Street, Ottawa, ON No. of Floors Two (2) Location Bank Street at First Avenue Building Size 5,340 SF Above Grade 3,159 SF Below Grade 8,499 SF Total (As per MPAC) Site Area 3,488 SF Year Built 1945 Submarket Fringe Core Zoning TM H(15) - Traditional Mainstreet Zone Legal Description PT LT 6, PL 34756 , W/S BANK ST AS IN N570616; S/T N570616 ; OTTAWA/NEPEAN 724 BANK STREET 3 724 LA NSD O W N E P A R K / T D P L A C E #724 MICHAEL PYMAN* JORDAN LOVETT* COLLIERS INTERNATIONAL National Investment Services Sales Representative 340 Albert Street, Suite 930 BANK Associate Vice President T: +1 613 683 2239 Ottawa, ON K1R 7Y6, Canada T: +1 613 683 2202 M: +1 613 298 8500 T: +1 613 567 8050 M: +1 613 878 9441 [email protected] F: +1 613 567 8035 STREET [email protected] www.collierscanada.com 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 party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions 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). © 2020. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Inc. *Sales Representative 724 BANK STREET 5.