For Sale

Asking Price:

$1,395,000.00

613 542 2724 www.dtzeasternontario.com

For SaleWarehouse/Office/Retail Building

Stacey MacDonald, Broker stacey.macdonald@dtzkingston.com

For more information, please contact:

DTZ Eastern Ontario Limited, Real Estate Brokerage, Independently Owned and OperatedThe Royal Block Building, 420-366 King Street East, Kingston, ON K7K 6Y3

Although the information contained in this brochure is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, priorlease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Eastern Ontario Limited, Real Estate Brokerage. DTZ1

EASTERN ONTARIO LIMITED EASTERN ONTARIO LIMITED

RETAIL PLAZA: 43,000+/- sf total

Ground floor retail 12,156+/- sf

Second Floor Office 5,856+/- sf

Warehouse 25,000+/- sf*All measurements to be verified

PROPERTY SIZE: 4+/- acres

LOCATION: Within the Elizabethtown

Township Industrial Park

3011 HIGHWAY 293011 HIGHWAY 29

BROCKVILLE

Two International Bridgesto the US• 1000 Islands Bridge -

18 km west• Seaway Skyway Bridge -

16 km east

RailOn both CN/CP rail lines (forthe subject property, CP Railsiding is available adjacent tothe park boundary)

Population - Brockville CMA39,024 (Statistics Canada 2011)

LocationThe City of Brockville is situatedon the Highway 401 corridorbetween Detroit and Montreal -A market of 135 million peoplewithin one day’s truckingdistance.

Deep sea port19 km east

Quality of life• 1000 Islands • Unique historic city• Fresh water diving• World class rowing• VIA Rail

Labour/Training/Skills • HRDC transitional program

funds• Employment Education

Centre• Job fairs• Skills inventory available

TelecommunicationInfrastructure• High band/high speed

capability through BellCanada and AT&T fibrelines

• Advanced switching DSLservice

• Designated as a megalinkand microlink servicingarea

The City of Brockville

• Metro Toronto - 340 km west• Kingston - 75 km west• Montreal - 210 km east• Ottawa - 110 km northeast

PROXIMITY TO:

Warehouse/Office/Retail

Building 3011 Highway 29,

BROCKVILLE, ON

Commercial Retail Plaza for Sale3011 Highway 29, Brockville, Ontario

Building Composition

breakdown by Tenancy

43,000+/- sf total (to be further

verified)

Hendrix - 7,700 sf total

Ground floor retail - 5,000 sf

Second floor office - 2,700

Warehouse - 22,788

*Hendrix is vacating warehouse

portion ONLY within the next 6

months, leaving the warehouse

available

Custom Decor Carpet One -

12,070 sf

Ground floor retail - 5,000 sf

Rear showroom retail - 2, 070 sf

Second floor office - 2,700 sf

Warehouse - 2,300 sf

Building age

• Original building built in 1972

• Retail portion built in 1985

• Warehouse addition built in 2009

Building construction

• Wood and steel columns, with

corrugated metal exterior

• Steel roof

Ceiling Heights

• Warehouse - 12’ - 21’

• Retail/Office - 31’

Loading doors

• 3 grade level doors

• 2 interior overhead doors

Heating and Cooling

• Warehouse - 7 suspended gas

heaters, no cooling

• Retail/office - 2 x 10 tonne gas

fired Lennox HVAC units

Electrical

400 amp, 240 volt

3011 Highway 29 (Hendrix/Design Decor Building)Income & Expense Pro-Forma

(as reconstructed by broker, as at October 2013)

REVENUE

Rental Income (Retail) (10,000 sf @ $7.00 psf) $70,000.00

Rental Income (Office) (5,400 sf @ $5.00 psf) $27,000.00

Rental Income (Rear Showroom) (2,070 sf @ $5.00 psf) $10,350.00

Rental Income (Warehouse) (25,000 sf @ $3.00 psf) $75,000.00

Recoverable Expenses:

(Taxes & CAM @ $1.11 psf of 43,000 sf Plaza - ) $47,730.00

Potential Gross Income $230,080.00

Less: Total Vacancy and Bad Debt Allowance: $16,934.00

Effective Gross Income: $213,146.00

OPERATING EXPENSES (2011)

Realty Taxes $23,021.00

Insurance $3,082.00

Property Management (5% of Gross Monthly Revenue) $8,720.00

General Repairs & Maintenance (5% of Gross Monthly Revenue) $4,800.00

Utilites (Hydro-Outdoor Sign only) $1,117.00

Septic Tank Pump Out $3,500.00

Snow Removal/Landscaping/Grading $4,450.00

Total Expenses: $48,690.00

Net Operating Income $164,456.00

*The information above is compiled from information supplied by the Owner andprojected amounts based on industry sources.

DTZ Eastern Ontario Limited 613 542 2724 www.dtzeasternontario.com

EASTERN ONTARIO LIMITED

Lighting

• Warehouse - fluorescent row lighting• Retail/office - fluorescent lay-in tube

lighting and metal halide

Parking

• Paved parking area at the plazafront

• Gravel at side and rear of building

Services

• Water and sewer are provided bydrilled well and 4 x 1000 gallonholding tanks (2 original tanks and 2added in 1997)

• Services are separated for eachtenant

Other improvements

• Fully insulated warehouse• New concrete floor in 2008

Access

The property has three points ofaccess, two from Coons Road andone from Highway 29

Zoning

MPB - Township of Elizabethtown-Kitley Bylaw 13.21

PIN

441560230

Legal description

BLK 3, 5-6 PL 363; PT LT 16 CON 3ELIZABETHTOWN AS IN LR275720,S/T LR275720; S/T LR116488;ELIZABETHTOWN-KITLEY

Seller

1219871 Ontario Ltd.

Realty taxes (2013)

$23,021.00

Floor plans

On file - available through Broker

FULLY LEASED!