Post on 24-Jul-2020
GREG RABIN*Associate Vice Presidentgreg.rabin@cbre.com905 234 0377*sales representative
MATTHEW PIESZCHALASales Representativematthew.pieszchala@cbre.com905 234 0376
FOR MORE INFORMATION, PLEASE CONTACT:
PREMIER FLAGSHIP
RETAIL FOR LEASE
YONGE STREET
336
TA B L E O F C O N T E N T SEXECUTIVE SUMMARY
BUILDING FEATURES
STREETSCAPES
FLOOR PLANS
RESIDENTIAL DEVELOPMENT
PEDESTRIAN AND VEHICLE COUNTS
DEMOGRAPHICS
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03
06
02
05
04
07
Q Why is Downtown Yonge the premier shopping and entertainment destination in the Greater Toronto Area?
PREMIER F LAGSH IP RETA I L FOR L EASE 3
¢E X E C U T I V E S U M M A R Y
CBRE Retail Leasing Team is extremely excited to bring to market this Flagship Retail opportunity located at Yonge & Gould, also known as the Gateway to Ryerson University. The site is located directly across from the new Ryerson Student Learning Centre & a half block north of Canada’s busiest intersection, Yonge & Dundas. Yonge & Dundas has been, coined “Canada’s Times Square” & sees over 60 Million visitors per year. It is anchored by Toronto Eaton Centre, which is routinely in the top 3 performing malls in Canada & one of the top tourist destinations in the country. Toronto Eaton’s Centre has recently added new retailers Saks 5th Ave, Nordstrom & Uniqlo. Couple this with Ryerson University & their over 30,000 students’ makes this one of the most highly sought-after areas in the country.
A significant 57% of visitors to the District have the express purpose of
shopping and the mean spend is over $100/person on average.
Toronto Eaton Centre achieves the highest retail
sales per square foot of any mall in Canada, at $1,143/
sq.ft
About 41,000 office workers come into Downtown Yonge
everyday for work, with retail potential estimated at
$265 million a year.There are 115,000 students in the District with retail
potential estimated at $308 million a year.
Special signage permissions in Downtown Yonge – not available
elsewhere in the city – offer retailers an exclusive opportunity to raise the
Shoppers enjoy a range of shopping choices, with four malls –
including Toronto Eaton Centre, Atrium on Bay, College Park and 10 Dundas East - and a multitude of unique and boutique
streetfront retail.
Some 124,000 residents live within a 20-min radius of
Downtown Yonge and close to 6,000 residential units completed,
approved and proposed in and around Downtown Yonge.
With over 12,477 parking spaces available for visitors
and both streetcar and subway service, Downtown Yonge is easily
accessible by both private and public transport.
PREMIER F LAGSH IP RETA I L FOR L EASE 4
LOCATION
Northwest corner of Yonge and Gould Downtown Toronto
TERM
10 Years + 2 x 5 year options to renew
AVAILABILITY
Immediate
TMI:
NUMBER OF FLOORS
Ground floor - 4,043 sq. ft. Basement - 2,546 sq. ft. Mezzanine - 1,913 sq. ft.
LEASEHOLDS
TBD depending on corporate convenant
SIGNAGE
Billboard signage currently rented at $10,000/month
ASKING NET RENT
Contact Listing Agent
¢D E TA I L S
YONGE ST RETAIL
AURA AT COLLEGE PARK
YONGE/DUNDAS SQUARE
YON
GE
STR
EET
DUNDAS STREET
THE EATON CENTRE
10 DUNDAS ST
RYERSON UNIVERSITY26,000 Undergraduate Students2,300 Graduate Students780 Faculty1,700 Administrative Staff30,780 TOTAL
¢YO N G E & D U N DA S
PREMIER F LAGSH IP RETA I L FOR L EASE 6
AVAILABLE 43,000 SQ. FT. FORMER FUTURE SHOP 2ND FLOOR
TOTAL OF 15,000 SQ. FT. OVER 3 FLOORS AVAILABLE
YON
GE STREET
GERRARD STREET
QUEEN STREET
GOULD STREET
DUNDAS STREET
DUNDAS SQUARE
SHUTER STREET
WALTON STREET
ELM STREET
Barclay Jewelry
Future Development
ateazeThe Big SliceDoner Kebab HouseVIP Billiard ClubNoori ExtensionEvergreen Yonge Street MissionRemingtonsTea Shop 168Loft CinemasMade in ChinaKorean Grill HouseXTCStyle SocietyUltimate TatooBuffet PalaceWanda’sClub ZanzibarPlay De RecordCash MoneyAli Baba’s
Ali Baba’sAli Baba’sHMV
Five Guys Burgers and FriesSilver Snail
Davids Tea
Ali Baba’sAli Baba’sPopeye’sThree Brewers RestaurantHard Rock Cafe
Asian BowlAli Baba’sAli Baba’sEB Games
Tim HortonsEd Mirvish Theatre
Downtown JewelleryAli Baba’sAli Baba’sParamount Fine Foods
VansFoot Locker
Burger KingAli Baba’sAli Baba’sMoney Mart
Payless ShoesStag Shop
Urban Outfitters
CONDOS IN DEVELOPMENT
TangerineAli Baba’sAli Baba’sRitz Caribbean Food
Yonge Suites ResidentialEighth and Main
Home SenseElgin Theatre
BMOAddition Elle
Firkin on Yonge
Chipotle Mexican GrillRogersGoodlifeWatch It!Adidas Blaze Pizza Milestones
DUNDASSQUARE
Wind Mobile
GingerNew Ryerson Student Learning Centre
Ryerson University Student Centre – Entrance to Ryerson Campus
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AVAILABLE 4,000 SQ. FT. FORMER SUNRISE RECORDS
DEVELOPMENT SITE AVAILABLE FOR LEASE
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Boat House
Forever 21
Top Shop The Bay
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The Pickle Barrel
Atrium on Bay Atrium Entrance
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Saks 5th Avenue
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nevelE 7 BMV
Muji
H&M FlagshipJoey’sEatonCentre
UniQlo
LCBO
Lobby
Canadian Tire
Spring Rolls
Panera Bread
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REDEVELOPMENT OF EATON HOTEL 1,900RESIDENTIAL UNITS
4 NEW TOWERS45-80 FLOORS +
200,000 SQ. FT. OFRETAIL SPACEIN PODIUM
DEVELOPMENTSITE
RESIDENTIAL CONDO
2 TOWERS OF30 FLOORS
2 X 63-STOREY AND
72-STOREY TWIN TOWERCONDO DEVELOPMENT
WITH 3-LEVEL RETAILPODIUM FACINGYONGE STREET
GLA = 142,000 sq. ft.65 Stores and Services
AMC TheatresJack AstorsTim HortonsShark Club
BestBuy
New NordstromFlagship
Mall
Entrance
Eaton CentreGLA = 1,600,000 sq. ft.250+ Stores and Services3½ Levels + 1,400 Parking Spaces
Rates vary depending on size and use from $35 Net to $200 Net (excluding food court). Additional rents can be in excess of $110 per sq. ft.
BasilBox
Starbucks
Available 2019-2020
Up to 25,000 sq. ft.Available 2019
Ground Floor4,043 sq. ft.
Basement 2,546 sq. ft.
Second Floor (Mezzanine) 1,913 sq. ft.
PREMIER F LAGSH IP RETA I L FOR L EASE 7
¢F LO O R P L A N S
PREMIER F LAGSH IP RETA I L FOR L EASE 8
¢D E V E LO P M E N T
Nowhere else is Toronto’s residential intensification more apparent than in the immediate area surrounding 279-283 Yonge Street. There are currently over 5,100 residential units recently completed, and an additional 7,600 units are proposed, approved or under construction in a direct proximity to the site. In addition to these projects, there are two additional large scale projects within one block of the site in the pre-approval process; the former World’s Biggest Bookstore at 20 Edward Street and KingSett Capital’s land assembly on the southeast corner of Yonge and Gerrard. These projects will likely add several thousand more residents to the immediate area.
0 30000 60000 90000 120000 150000
Vehicles
Pedestrians Apr-16
Mar-16
Feb-16
Jan-16
Dec-15
Nov-15
Oct-15
Sep-15
Aug-15
Jul-15
Jun-15
May-15
Apr-15
PREMIER F LAGSH IP RETA I L FOR L EASE 9
¢D E M O G R A P H I C S
PREMIER F LAGSH IP RETA I L FOR L EASE 10
¢D E M O G R A P H I C S
175,000 RESIDENTS
FASHION RETAILERS
RESTAURANTRETAILERS
SERVICERETAILERS
500,000+EMPLOYEES
ARE WITHIN A 10 MINUTE WALK OF DOWNTOWN YONGE
50%of residents are 24-44 years old
$99,209average income
per year
131 fashion stores make up over 20% of all retail in the district
$4,658 ON CLOTHING
22% *MORE ON JEWELRY
$3,751ON FOOD
$2,324ON RECREATION
29%*MORE ON LAUNDRY AND DRY CLEANING SERVICES
$484ON LIVE ENTERTAINMENT
182 restaurants make up over 28% of all retail in the district
102 service providers make up 16% of all retail in the district