Here is a Mixd used Development land in Brampton Ontario Main and busy road to either build a shopping plaza with Plan for subject Site Approval or build 1.5 million sqf GFA Mid rise Condo developments.

 

  • Price guide line: $39.5 Million ($4 Millions per acre )
  • The site is SPA and shovel ready.
  • Total Area - 9.78 Acres
  • Total GFA - 125,000 Sqft
  • Currently - 90,000 sqft has been leased out and 35,000 sq ft is in the process of being leased out. 

The current ownership have secured : following Tenants:

FreshCo, Shoppers Drugmart, LCBO, 3 Major Banks, Sherwin Williams, Global Pets, A&W, daycare, dentist all with signed leases.


 

Below are the Leases Details (Signed Leases): Sobeys : 45000 Sqft Shopper Drug Mart - 17500 Sqft LCBO - 6200 Sqft Scotia Bank: 5000 Sqft BMO - 5000 Sqft TD - 6000 Sqft *Sobey and TD - only Pad will be provided.

*Tenant inducements $5.5 Million Approx, construction cost is $75 - $85/ sqft  Only.

*Negotiations with Sobey are ongoing. LOI: S&J - 3500 Sq Ft A/W - 1500 Sqft Global Pet - 2500 Sqft C-Chiken - 3000 Sqft I/O Restaurant - 4500 Sq Ft Daycare 13,600 Sqft Total Expected Revenue - Around $3.8 to $4.3 Millions Per year based on current Leases in place. 10 Percentage retails is still available for Leases.


Let me know if you wisht to sign our BRA and CA to share the Data Room?