MCC (55 City Centre Drive) Morguard Brokerage | May 2019 55 City Centre Drive Mississauga Ontario Canada
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MCC (55 City Centre Drive) Morguard Brokerage | May 2019 55 City Centre Drive Mississauga Ontario Canada LOCATION PROPERTY DESCRIPTION This 175,000 square foot, eleven storey office building was constructed in 1972 and has been recognized for its excellence in environmental management by achieving BOMA BESt certifcation. Concierge service and Security is provided by 24 hour guard service with closed circuit television monitoring and after hour card access system. Just steps away from Square One Shopping Centre and the Transit Hub in Mississauga, 55 City Centre Drive offers a prestigious address with a wide array of amenities. 55 City Centre Drive occupies a prominent location within Mississauga's City Centre, at the major intersection of Hurontario Street (Highway 10) and Burnhamthorpe Road. Mississauga is serviced by more major highways than any other city in the country (Highways 403, 410, 401, 407, 427 and the QEW) and provides convenient access to downtown Toronto and the balance of the Greater Toronto Area. BUILDING FEATURES AMENITIES Typical Floor: 14,111 SF As part of Mississauga's City Centre the property enjoys a wide array of Office Class: A urban amenities within walking distance. Some of the cultural and Leasing District: Mississauga City Centre recreational facilities include the Living Arts Centre, the Mississauga Central Sustainability: BOMA BESt Library, the YMCA and other fitness facilities, daycare, the central bus terminal, over 25 movie screens, SEGA City's Playdium, and numerous restaurants. There is also exceptional shopping and dining facilities at Canada's second largest indoor mall. Square One Shopping Centre is a 1,400,000 square foot facility with over 325 stores and numerous restaurants. Leasing Contact John Borrelli Director, Leasing Broker 905-281-4791 [email protected] Page 1 of 4 MCC (55 City Centre Drive) Morguard Brokerage | May 2019 55 City Centre Drive Mississauga Ontario Canada SPACE Area (SF) Rate Suite (Div | Availability Notes (psf/yr) Contig) Built out office space with 6 offices, large training/conference room, 500 4,187 $15.75 Immediate kitchen, storage and open area. 503 2,569 $15.75 Immediate Built out 400 6,566 $15.75 Immediate Built out. Call for availability. 302 842 $15.75 Immediate Built out with 3 offices and reception area. Unique ground floor space across from Square One Shopping Centre. 110 25,726 $15.75 Immediate Previously used as a data centre. Quoted rate is for office uses and is the first year rate. Operating Costs: $15.51 (psf/yr) Realty Tax: $4.30 (psf/yr) Total Additional Rent: $19.81 (psf/yr) Leasing Contact John Borrelli Director, Leasing Broker 905-281-4791 [email protected] Page 2 of 4 MCC (55 City Centre Drive) Morguard Brokerage | May 2019 55 City Centre Drive Mississauga Ontario Canada Leasing Contact John Borrelli Director, Leasing Broker 905-281-4791 [email protected] Page 3 of 4 MCC (55 City Centre Drive) Morguard Brokerage | May 2019 55 City Centre Drive Mississauga Ontario Canada SPECS Tenant Cost Posted Net Rate n/a Realty Tax $4.30 (psf/yr) Utilities n/a Operating Costs $15.51 (psf/yr) Other n/a Additional Rent Total $19.81 (psf/yr) General Year Built 1972 Last Renovated 2008 Website www.morguard.com Building Size Largest Contiguous Total Space 176,158 SF Total Available Space 8,855 SF n/a Available Office Number of Floors 11 Typical High-Rise Floor 14,000 SF Typical Low-Rise Floor n/a Total Space 176,158 SF Total Office Space 175,302 SF Available Office Space 8,855 SF Retail Number of Retail Units n/a Total Retail Space 856 SF Available Retail Space n/a Construction Fibre Optic Available yes Shipping and Receiving yes Ceiling Height 8'6" Washrooms Per Floor 2 Exterior Finish Metal HVAC Hours of Operation 7 am to 7 pm HVAC After Hour Cost $35.00 per hour HVAC System Description n/a Elevators Number of Parking Number of Freight Number of Elevators 3 1 1 Elevators Elevators Safety & Access Fire Detection System yes Sprinkler System yes Manned Security yes Security System yes Barrier Free Access yes Parking Surface Stalls 552 Surface Ratio 4.00/1000 SF Total Parking Stalls 562 Above Ground Stalls n/a Above Ground Ratio n/a Below Ground Stalls 10 Below Ground Ratio n/a Parking Description Parking is provided at a ratio of 4 per thousand square feet. Parking is free for a maximum of 2 hours. Public Transport Transit Surface Route yes Direct Subway Access no Anchor Tenants Tenant Morguard Tenant Trios College Tenant Bier Markt Tenant n/a Tenant n/a Tenant n/a Leasing Contact John Borrelli Director, Leasing Broker 905-281-4791 [email protected] Page 4 of 4 MCC (55 City Centre Drive) Morguard Brokerage | May 2019 55 City Centre Drive Mississauga Ontario Canada This document/communication has been prepared by Morguard Investments Limited (“MIL”) for advertising and general information only. MIL makes no guarantees, representations, or warranties of any kind, expressed or implied, for 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. MIL excludes all inferred or implied terms, conditions, and warranties arising out of this document as well as all liability for loss and damages arising therefrom. The information herein may change and any property described in the information may be withdrawn from the market at any time without notice or obligation to the recipient. This communication is not intended to cause or induce breach of an existing listing agreement. Morguard Investments Limited, Brokerage." Leasing Contact John Borrelli Director, Leasing Broker 905-281-4791 [email protected].