SALE 65 BEECH HILL ROAD ANTIGONISH, NS OFFICE - SINGLE TENANT NET LEASED INVESTMENT 6,016 SF

Transcription

1 FOR SALE 65 BEECH HILL ROAD ANTIGONISH, NS OFFICE - SINGLE TENANT NET LEASED INVESTMENT 6,016 SF TOM GERARD, SIOR, CCIM Real Estate Advisor tomgerard@kwcommercial.com KW COMMERCIAL ADVISORS 6080 Young Street, Suite 308 Halifax, NS B3K 5L2

2 EXECUTIVE SUMMARY KW Commercial Advisors has been retained by PROFESSIONAL HOLDINGS LTD (The Vendor) to facilitate a sale of the lands and buildings located at 65 Beech Hill Road, Antigonish, Nova Scotia: Civic Address: Property Type: 65 Beech Hill Road, Antigonish, NS B2G 2P9 Single Tenant Office PID #: Age: +/- 30 years (Extensive renovations completed in 2000) Current Use: Building Size: Construction Style: Lot Size: Parking: Zoning: Assessed Value: Assessed Owner: List Price: Leased long term to SNC Lavalin on a triple net basis 6,016 Square Feet Wood frame with metal siding 49,380 Square Feet Paved and gravel parking RD-1 (Rural Development) $377,700 (2016 COMMERCIAL TAXABLE) PROFESSIONAL HOLDINGS LTD $525,000 / $87.27 per square foot 65 BEECH HILL ROAD ANTIGONISH, NOVA SCOTIA 2

3 AREA OVERVIEW The subject is located on Beech Hill Road, in the community of Greenwold, Antigonish County, N.S. The immediate area is comprised of a mixture of small commercial businesses, single family residential dwellings and vacant land. The downtown core of Antigonish is located approximately 2 kilometres northwest of the subject property. Antigonish is the home of one of Canada's most prestigious universities, St. Francis Xavier University, a beautiful campus known for excellence in both academics and sports. On top of being a university town, Antigonish has deep gaelic and acadian roots, adding to the diversity of the population in the area. Dora Construction and Summerlea are developing a 4 acre commercial site at the intersection of Highway 104 and Beech Hill Road called Kell's Crossing. Current tenants in phase 1 include: Tim Horton's, a Sobey's Express and Shell gas station. Phase 2 plans are for an additional 7,000 square feet of retail. 65 BEECH HILL ROAD ANTIGONISH, NOVA SCOTIA 3

4 SITE SPECIFICATIONS Civic Address: 65 Beech Hill Road Antigonish, NS B2G 2P9 PID #: Lot Size: Shape: Topography: Zoning: Municipal Services: Parking: Site Improvements: Municipal Assessed Value: Assessed Owner: 49,380 Square Feet Irregular Sloping, upwards South, Southwesterly from Beech Hill Road RD-1 (Rural Development) Municipal water & sewer, electricity Paved and gravel parking Gravel/paved driveway/parking, landscaping $377,700 (2016 COMMERCIAL TAXABLE) PROFESSIONAL HOLDINGS LTD 65 BEECH HILL ROAD ANTIGONISH, NOVA SCOTIA 4

5 SURVEY PLAN 65 BEECH HILL ROAD ANTIGONISH, NOVA SCOTIA 5

6 BUILDING OVERVIEW Building Type: Building Size: Structure: Current Use: Foundation: Exterior Walls: Interior Walls: Windows: Floors: Roof Type: Heating: Air Conditioning: Electrical System: Single Tenant Office / Professional Services 6,016 Square Feet Wood frame with metal siding Leased long term to SNC Lavalin on a triple net basis Frost wall Colored metal siding, glazed Painted gyproc Commercial grade aluminium, double glazed Vinyl, commercial grade carpet, concrete Asphalt shingle Oil / hot water Forced air 200 amp 65 BEECH HILL ROAD ANTIGONISH, NOVA SCOTIA 6

7 BUILDING PLAN 65 BEECH HILL ROAD ANTIGONISH, NOVA SCOTIA 7

8 EXTERIOR VIEWS 65 BEECH HILL ROAD ANTIGONISH, NOVA SCOTIA 8

9 INTERIOR VIEWS 65 BEECH HILL ROAD ANTIGONISH, NOVA SCOTIA 9

10 TENANT INFORMATION - SNC LAVALIN The firm of C.J. MacLellan & Associates, Consulting Engineers and Planners, was incorporated in Antigonish, Nova Scotia in January We now have 24 employees, supplemented by two contract engineers, and have completed studies, design and administration of more than 8000 projects. Our staff includes eleven professionals, ten of whom have more than ten years experience. In July 2008 SNC-Lavalin announced an agreement to purchase all shares of C. J. MacLellan & Associates Inc. SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure, and in the provision of operations and maintenance services. The SNC-Lavalin companies have offices across Canada and in over 35 countries around the world and are currently working in some 100 countries. SNC-Lavalin highly values the expertise and individuals within C.J. MacLellan & Associates Inc., and is committed to assure continuity of staff to provide our existing clients with the high level of service they expect, which it has been our privilege to supply. SNC Lavalin has recently renewed their lease for a further five (5) year term. Contact listing broker for further lease particulars. 65 BEECH HILL ROAD ANTIGONISH, NOVA SCOTIA 10

11 ZONING - RD-1 (RURAL DEVELOPMENT) RD-1 ZONE PERMITTED USES The following uses shall be permitted in the Rural Development (RD-1) Zone: All uses permitted in the Residential (R-1) Zone, subject to RD-1 requirements Business and Professional Offices Greenhouses Repair Shops, including autobody shops Agricultural uses including intensive livestock operations Forestry and related uses Fishery and related uses 65 BEECH HILL ROAD ANTIGONISH, NOVA SCOTIA 11

12 CONTACT INFORMATION TOM GERARD, SIOR, CCIM Real Estate Advisor KW COMMERCIAL ADVISORS 6080 Young Street, Suite 308 Halifax, NS B3K 5L BEECH HILL ROAD ANTIGONISH, NOVA SCOTIA 12

13 DISCLAIMER & LIMITING CONDITIONS The information contained in this package was obtained from the owners and other sources deemed reliable. However, no representations, declarations or warranties are given or implied by Keller Williams Select Realty, or the owner as to its accuracy or completeness and such information should not be relied upon by prospective purchasers without independent investigation and verification. This information package does not purport to be all-inclusive or to contain all of the information that a prospective purchaser may require in determining whether or not to purchase the property. The owner and Keller Williams Select Realty expressly disclaim any and all liability for any errors or omissions in this package or any other oral or written communication transmitted or made available to prospective purchasers. This information package is for information and discussion purposes only and does not constitute an offer to sell or the solicitation of any offer to buy the property. The owner reserves the right to remove the offering from the market at any time and is under no obligation to respond to or accept any proposal or offer to purchase lease the property. 65 BEECH HILL ROAD ANTIGONISH, NOVA SCOTIA 13