BILLY BISHOP WAY 75Retail Investment Opportunity
Excellent Location with Significant Growth in Premium Tenant Roster Direct Subway Access Surrounding Area With Long Term Leases BILLY THE OPPORTUNITY BISHOP WAY 75 Jones Lang LaSalle Real Estate Services Inc, (“JLL” and/or the Retail Investment Opportunity “Advisor”) is pleased to offer for sale a 100% freehold interest in the newly developed retail centre situated in the heart of Toronto just north of Yorkdale Shopping Centre. Situated on 4.5 acres, the centre totals 49,726 sq. ft. and boasts a premium tenant roster with an attractive 11 years of weighted average lease term which offers the investor a long term stability of income.
PROPERTY SUMMARY DEMOGRAPHICS (5km Radius)
MAJOR TENANTS: Average Household Income The Beer Store, Starbucks, Moores, A&W, Ren's Pets $118,539
GROSS LEASABLE AREA: Total Households 49,726 square feet 130,945
WEIGHTED AVERAGE LEASE TERM: Total Population 11 years 344,269
ACCESSIBILITY: Direct access to Wilson Subway Station Source: Statistics Canada 2016 & 2011 City of Toronto Census
Yorkdale Shopping Centre Highway 401 N SmartCentres Downsview
Billy Bishop Way
75 Billy Bishop Way
Allen Expressway
Wilson Avenue Access To Wilson Subway Station
PRESTIGIOUS NORTH YORK LOCATION
The site is located in a prime location next to the Allen Expressway, north of Highway 401 and adjacent to SmartCentres Downsview. The immediate area is well serviced by public transit and 75 Billy Bishop Way enjoys direct access to Wilson Subway Station. This is a densely packed node with vibrant retail drawing shoppers to the area.
Highway 401
Access To Wilson Subway Station 75 Billy Bishop Way
Wilson Avenue
Billy Bishop Way BILLY BISHOP 75WAY Retail Investment Opportunity
FINANCING
The property may be acquired free and clear of any existing financing.
OFFERING PROCESS
JLL has been exclusively retained by Build Toronto to seek proposals to acquire the property. Interested parties will be required to execute and submit the Vendor’s form of Confidentiality Agreement prior to receiving detailed information about the property. Additionally, interested parties will be invited to submit a Letter of Intent on a specific date that will be communicated by the Advisor at least fourteen (14) days in advance.
For more information, please contact:
Matthew Smith * Nick Macoritto * (416) 304-6004 (416) 238-5874 [email protected] [email protected]
Elliot Medoff * Matt Picken * (416) 238-9768 (416) 304-6020 [email protected] [email protected]
* Sales Representative
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