Beer Store Investment Opportunity - 784 The Queensway, Etobicoke - 201-60 Columbia Way, Markham - Lennard Commercial Realty
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Beer Store Investment Opportunity
784 The Queensway, Etobicoke
201-60 Columbia Way, Markham
905.752.2220
Executive Summary
Lennard Commercial (the “Advisor”) is pleased to offer
for sale a newly constructed single-tenant Beer Store
investment opportunity in Toronto (the “Offering”).
Comprised of approximately 7,100 SF (subject to final
measurement) the offering provides predictable long-term
cash flow for 15 years.
Since the 1960s, the Beer Store was the owner and
occupant of this property. The Beer Store sold the
property to the developer in 2017 on the condition that
the developer allow them to continue to retain their store
following the development of the property, illustrating their
commitment at this location. The Beer Store also has an
e-commerce platform and is considered an essential
service retailer. They have a AAA financeable covenant.
The Queensway corridor is undergoing transformative
redevelopment. There are many condominiums / mixed-
use developments under construction and in the planning
stages throughout this stretch of the Queensway.
Taso Boussoulas*
Private Capital Investments • Land Development
Office: 905.917.2033
Mobile: 416.432.8011
taso@lennard.com
*Sales Representative
All Beer Store images are examples of recent new concept stores
Investment Highlights • Approximately 7,100 SF • New 15-year carefree lease with a credit worthy tenant • E-Commerce resilient & essential service tenant • At the base of a modern 167-unit residential condominium development • Great visibility and exposure • Perfect for an investor looking for long-term predictable income • Historically low interest rates make this an attractive time to buy • Adjacent units also available for purchase for someone looking to add scale Property Details Address 784 The Queensway Projected Possession (1) June 2021 Projected Registration (1) Q3 2021 Net Rentable Area (2) 7,100 SF Clear Height 17’ Parking Surface Shipping Truck Level Occupancy Brewers Retail Inc. Lease Term 15 Years Option Periods 4 x 5 Years Ownership Condominium (1) All dates are approximate (2) Area to be certified upon completion
Demographics Population 2 KM 3 KM 5 km Total Population: 40,197 94,776 219,043 2016 Households: 18,257 45,162 97,530 2016 Median HH Income: $82,077 $80,777 $85,860 Traffic Counts Collection Street Cross Street Volume The Queensway Royal York Road 23,495 The Queensway Taymall Avenue 22,298 The Queensway Dorchester Avenue 35,532 Gardiner Expressway Islington Avenue 216,468
Location Map
1001 The Queensway
588 units
Reina Condo
197 units
Qube Condos
74 units
IQ Condos Phase 3 IQ Condos Phase 1 & 3
981 units 761 units
Floor Plan
Patio
Areas are approximate and subject to final measurement.
Ground Floor - Preliminary
16012 - 784 The Queensway
Urban Capital
1:200
A201
Taso Boussoulas*, Executive Vice President 905.917.2033 taso@lennard.com 201-60 Columbia Way, Markham 905.752.2220 lennard.com *Sales Representative Statements and information contained are based on the information furnished by principals and sources which we deem reliable but for which we can assume no responsibility. Lennard Commercial Realty, Brokerage 2021.
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