FOR SALE BRAMROSE SQUARE, BRAMPTON - JLL
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DOWNTOWN TORONTO ETOBICOKE BRAMROSE SQUARE HIGHW AY 407 TORONTO PEARSON COMING IN 2021 INTERNATIONAL AIRPORT Concept Rendering CLARK B OUL E VA RD 0 Y 41 W A G H HI QUEEN ST REET EAST FOR SALE BRAMROSE SQUARE, BRAMPTON
PROPERTY SPECIFICATIONS THE OPPORTUNITY Address 285-295 Queen Street East, Brampton, ON JLL’s National Retail Investment Group, has been retained on an exclusive basis by Investors Group Trust Co. Ltd. to arrange the sale of a 100% freehold interest in Intersection Highway 410 and Queen Street East Bramrose Square. This dominant grocery-anchored centre is situated on nearly 21.63 No Frills, LA Fitness (Coming in 2021), TD Canada acres in the heart of Brampton at the busy intersection of Highway 410 and Queen Key Tenants Trust, EasyFinancial, Bulk Barn, Burger King, Pizza Street East, and is comprised of 186,389 SF (including a new 34,000 SF building to be Hut, Re/Max Realty built by LA Fitness in 2021). Bramrose Square is currently 93.8% leased and boasts a superior roster of high-quality tenants, with national tenants representing 81.3% of leased GLA. The Property offers 186,389 SF 21.63 93.8% 6 YEARS the investor secure and increasing future cash flow with a healthy weighted average GLA ACRES LEASED WALT lease term of approximately 6 Years. The existing planning legislation suggests that this site may be redeveloped in the mid- INVESTMENT HIGHLIGHTS long term to incorporate a variety of mixed-uses, including commercial and residential. Grocery-Anchored Shopping Centre The Property represents a rare opportunity to acquire a HIGHWAY 410 dominant grocery-anchored centre in the heart of Brampton. N Strong In-Place Income & Long Term Tenancies Bramrose Square offers the investor secure and increasing future cash flow with a healthy weighted average lease term of approximately 6 Years. Load Loading ing Strategically Located The asset benefits from having tremendous connectivity (Coming in 2021) Opportunity to the surrounding region, via both vehicle and public Vacant Land - Tenant will Build Existing Pad Available Cash Bramrose transportation. Major nearby destinations include Downtown Medical IVM Busters Supplies Available Optical Brampton, Bramalea City Centre, and two GO Stations. QUEEN S Strong Demographics The population within a 3 km radius of the centre is New forecasted to grow over 9% during the next 5 years. New New Pad 4 Pad 1 New TREET EA Pad 2 Pad 3 CLARK BOULEV ARD Significant Future Development Potential The Property offers the investor a substantial future ST redevelopment opportunity given its prominent location Tikka Junction Av ail Tenant ab at the Highway 410 / Queen Street East interchange, which le Available Unit creates enormous traffic and exposure for the site. The mid- Hair Centre Dr.Winston Law Available Available to-long run focused buyer can unlock significant mixed-use Future Development Pad upside potential.
TRINITY COMMON SQUARE LAKERIDGE PLAZA BRAMROSE SQUARE 410 @ 7 CENTRE 4.9 km N 4.4 km 5.0 km 2.2 km 800 m COMING IN 2021 SHOPPERS WORLD BRAMPTON Concept Rendering 5.0 km BRAMALEA CITY CENTRE A LO N G RAVEL LING E T EAST LES T ST R E 173,0 2.0 km I C QUEEN V E H 38,000 00+ H VEHI CLES I G HTW RAV E LLIN A Y 4G A LO N G 10 BARTLEY'S SQUARE 6.2 km SHOPPERS WORLD BRAMPTON 4.6 km 6.4 km 410 @ STEELES 4.2 km 6.5 km ARD ORION GATE CITY SOUTH PLAZA V ULE BO 4.6 km 7.3 km R K A CL
LOCATION OVERVIEW Bramrose Square, situated on 21.63 acres, is located at the southwest corner of Highway 410 and Queen Street East in the heart of Brampton. The site is located on the edge of a bustling commercial district comprised of retail, office, and industrial uses. With an interchange located directly at Highway 410 and Queen Street East, the site capitalizes on having convenient access from across the city and region. This high traffic location offers premium visibility and exposure to more than 173,000 vehicles traversing the site daily along Highway 410, and 38,000 vehicles along Queen Street East. The site is situated in a rapidly expanding area of Brampton which has been experiencing an influx of residential development over the past ten years. This immediate area is quickly expanding with 113,000 (2019) residents living within a 3 km radius of the site, a figure expected to increase by an additional 9.22% over the next 5 years. The Official Plan and site specific policies support mixed-use redevelopment to drive this increase in density in the area. PREMIUM VISIBILITY AND EXPOSURE Bramrose Square is conveniently situated at the midpoint between Downtown Brampton and Bramalea TO MORE THAN 173,000 VEHICLES City Centre, each being 2 km away. Bramalea City Centre is a 1.5M SF regional shopping destination TRAVERSING THE SITE DAILY ALONG which draws 16,000,000 visitors annually. This location offers premium access to public transportation, making commuting easy for those who live in the area. The site is nearby both Brampton GO Station HIGHWAY 410, AND 38,000 VEHICLES and Bramalea GO Station, while also being well-serviced by multiple bus routes. ALONG QUEEN STREET EAST. BRAMPTON’S DOMINANT MARKET LOCATION Brampton is the 9th largest city in Canada with a population of 650,000+ residents and is the 2nd fastest growing city in Canada with 14,000 new residents per year. Centrally located in the middle of Ontario’s “Super Innovation Corridor”, Brampton’s public transportation network has been rapidly expanding over the years with future Light-Rail-Transit (LRT) and Bus-Rapid-Transit (BRT) networks approved and under construction. Brampton is at the centre of an extensive network of highways, including the 401, 410, 427, 403, and 407 ETR, that provide easy access to the rest of the Greater Toronto Area (GTA) and Greater Golden Horseshoe.
Retail Upside Long-Term Future Use DEVELOPMENT OPPORTUNITY A Buyer can add retail density The Property offers a substantial future redevelopment to the Property by building four opportunity, given its prominent location at the Highway (4) additional retail pads on site, 410 / Queen Street East interchange. The mid-to-long run thereby increasing cash flow and focused buyer can unlock significant mixed-use upside overall traffic to the centre. potential, including commercial and residential. MIXED-USE DEVELOPMENT POTENTIAL COMING IN 2021 EXISTING PAD Concept Rendering OPPORTUNITY Repositioned On Site NEW PAD 1 NEW PAD 2 NEW PAD 3 NEW PAD 4 Potential for 12,685 SF Potential for 5,000 SF Potential for 5,000 SF Potential for 5,000 SF HIGHWAY 410 ST EA E T RE ST E EN QU
EXCLUSIVE ADVISORS FOR MORE INFORMATION CONTACT: Matthew Smith* Executive Vice President, Practice Lead National Retail Investment Group +1 416 304 6004 MatthewT.Smith@am.jll.com Nick Macoritto* Executive Vice President National Retail Investment Group +1 416 238 5874 Nick.Macoritto@am.jll.com Mark Leshchyshyn* Sales Associate National Retail Investment Group +1 416 304 6022 Mark.Leshchyshyn@am.jll.com www.retailinvestment.ca * Sales Representative
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