2901 Sheppard Ave. E

SHEPPARD AVENUE EAST

Te

VICTORIA PARK AVENUE

FOR SALE 2901 SHEPPARD AVENUE EAST, PROPERTY SPECIFICATIONS THE OFFERING

JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in 2901 Sheppard Address 2901 Sheppard Avenue East, Toronto, ON Avenue East located in the heart of Toronto on the corner of the high-profile intersection of Sheppard and Intersection Sheppard Avenue East and Victoria Park. Situated on a large 1.49-acre lot, the Property is improved with a freestanding commercial building comprised of 26,740 SF which is fully leased to Shoppers Drug Mart and three additional medical GLA 26,740 SF based tenancies. The Property was constructed in 2011 with superior quality and offers the investor secure and increasing future cash flow with a weighted average lease term of 9.05 Years. Site Area 1.49 Acres The large corner lot at this high-traffic intersection provides for significant future repositioning or Occupancy 100% redevelopment potential. This location in Toronto is easily accessible by car and public transportation, Shoppers Drug Mart, University Health Network Tenants being situated in close proximity to Highway 401, , Highway 404, and Don Mills Subway (Altum Health), Wired Orthodontics, Vic Park Dental Station. The Highway 401/Victoria Park interchange is less than 800 meters away. WALT 9.05 Years In addition to national retailers nearby, the abundance of office buildings west of the site, Lambton College, and CF (13M+ annual visitors) are major destinations in the immediate area. The Investment Highlights commercial node is surrounded by densely populated and rapidly expanding residential neighbourhoods with over 13,200 residents living within 1 km of the site, and forecast to grow 9.5% over the next five years. • The asset is accessible from both Sheppard Avenue East and Victoria Park Avenue and offers ample on-site parking with 3.36 stalls per 1,000 SF of GLA. SITE PLAN • The Property offers premium visibility with approximately 254 feet of frontage on Sheppard Avenue East and approximately 142 feet of frontage on Victoria Park Avenue.

• Shoppers Drug Mart is a proven ‘AAA’ covenant and has operated Tenant VICTORIA PARK AVENUE at this location since 2012. The current term expires in 2032 with Neighbouring Retail rental escalations throughout.

• The site benefits from having long-term transit development potential, with the TTC planning to construct an eastward extension of the Sheppard subway line to Sheppard & McCowan. This N extension will include a new subway station at the Victoria Park and Sheppard intersection elevating accessibility to the Property.

• There are three residential developments in the pre-construction phase along Sheppard between Victoria Park and Warden which SHEPPARD AVENUE EAST have 18 and 30-storey condominium towers proposed.

Centrepoint Plaza, Belleville 3 N 2901 Sheppard Ave. E

Future Sheppard Avenue East Subway Extension HIGHWAY 401

Victoria Park Square VICTORIA PARK

SHEPPARD AVENUE EAST AVENUE For more information please contact:

Matthew Smith* Nick Macoritto* Mark Leshchyshyn* Executive Vice President, Practice Lead Executive Vice President Sales Associate National Retail Investment Group National Retail Investment Group National Retail Investment Group +1 416 304 6004 +1 416 238 5874 +1 416 304 6022 [email protected] [email protected] [email protected]

www.retailinvestment.ca

* Sales Representative