Development Land for Sale or Build to Suit

Transcription

1 Industrial Road Development Land for Sale or Build to Suit 2125 & 2155 Oxford Street East & Industrial Road London, ON 4 Veterans Memorial Parkway Oxford Street CHRIS KIRWIN, AACI, SIOR** President/Broker of Record x 201 chris.kirwin@colliers.com MATT CHAMBERS* Vice President/Sales Representative x 203 matt.chambers@colliers.com Accelerating success. COLLIERS INTERNATIONAL LONDON ONTARIO BROKERAGE 650 Colborne St. London ON N6A 5A KEY FEATURES/HIGHLIGHTS > > Excellent exposure on Oxford Street East and/or Veterans Memorial Parkway > > Various parcel sizes available: 2.25 acres, 2.27 acres, 4.1 acres, and 20.7 acres. Parcels 2, 3, and 4 can be combined to total acres > > Build to suit buildings available from 15,000 SF to 350,000 SF > > All parcels zoned for Industrial/Warehouse uses. Parcels 1, 2, 3 allow for Hotel/Motel. Parcels 1 and 2 allow for Office, Restaurant, and Medical/Dental > > Land is for sale. Vendor will also Build to Suit and sell or Build to Suit and lease.

2 SITE PLAN PARCELS Site Size Zoning acres h, h-119, LI2 (18), LI4 (6), LI5 (3) acres h, h-119, LI2 (18), LI4 (6), LI5 (3) acres h, h-119, LI2 (18), LI5 (3) acres LI2

3 ZONING LI1 The following are permitted uses in the LI1 Zone variation: a) Bakeries; b) Business service establishments; c) Laboratories; d) Manufacturing and assembly industries; e) Offices support; f) Paper and allied products industries excluding pulp and paper and asphalt roofing industries; g) Pharmaceutical and medical product industries; h) Printing, reproduction and data processing industries; i) Research and development establishments; j) Warehouse establishments; k) Wholesale establishments; l) Custom workshop; Z m) Brewing on premises establishments. Z n) Service Trade Z o) Existing Self-storage Establishments (Z ) LI2 The following are permitted uses in the LI2 Zone variation: a) Any use permitted in the LI1 Zone variation; b) Dry cleaning and laundry plants; c) Food, tobacco and beverage processing industries excluding meat packaging; d) Leather and fur processing excluding tanning; e) Repair and rental establishments; f) Service and repair establishments; g) Service trades; h) Textile processing industries. LI2(18) a) Regulation: i) Section ) General Provisions does not apply. ii) Setback along Veterans Memorial 7.5metres(24.6 feet) Parkway (Minimum) LI4 The following are permitted uses in the LI4 Zone variation: a) Any use permitted in the LI1 Zone variation; b) Automotive uses, restricted; c) Clinics; d) Convenience service establishments; e) Convenience stores; f) Day care centres; g) Financial institutions; h) Medical/dental offices; i) Personal service establishments; j) Restaurants. LI4(6) a) Additional Permitted Use: i) Offices b) Regulation: i) Total Combined Gross Floor 5000 m2 Area for Offices for 600 and 650 (53,821 sq.ft.) Industrial Road (Maximum) ii) Section ) - General Provisions does not apply. iii) Setback Along Veterans 7.5 metres Memorial Parkway (Minimum) (24.6 feet) LI5 The following are permitted uses in the LI5 Zone variation: a) Hotels; b) Motels. LI5(3) a) Regulation: i) Section ) General Provisions does not apply ii) Setback Along Veterans Memorial 7.5 metres Parkway (Minimum) (24.6 feet) h Purpose: To ensure the orderly development of lands and the adequate provision of municipal services, the h symbol shall not be deleted until the required security has been provided for the development agreement or subdivision agreement, and Council is satisfied that the conditions of the approval of the plans and drawings for a site plan, or the conditions of the approval of a draft plan of subdivision, will ensure a development agreement or subdivision agreement is executed by the applicant and the City prior to development. h-119 Purpose: To ensure that the urban design objectives established through the Official Plan and Zoning amendment review process are implemented, a site plan will be approved and a development agreement will be entered into which, to the satisfaction of the General Manager of Planning and Development, incorporates these objectives and addresses identified urban design issues.

4 LOCATION The development is located in east London at Oxford Street East and Veteran s Memorial Parkway providing easy access to Highway 401. The sites are surrounded by numerous international corporations and are close to London International Airport and Fanshawe College. REGIONAL NEARBY > 3M (1) > General Dynamics Land Systems Canada (2) > McCormick (3) > Trudell Medical (4) > EllisDon (5) > Fanshawe College (6) LOCAL BUILDING FEATURES The seller is a world-class construction company capable of providing various custom building styles and sizes. Industrial buildings to include: Office Buildings to include: > 5% office build out > Dock and Grade Loading > clear height > 600 Volt, 400 Amp Power (more could be made available) > Modern, high end finishes > High on-site parking ratios

5 1 PARCEL ACRES Asking: $303,750 ($135,000/acre) Build to Suit: > Industrial Warehouse: $6.00 PSF Net > Office: $22.00 PSF Net > Restaurant/Hotel/Motel/Medical/Dental: contact listing agents Parcel 1-0 Oxford Street East Size: 2.25 acres Land Use Designation: h, h-119, LI2 (18), LI4 (6), LI5 (3) Permitted Building Size: (Bylaw Z-1) Building Area: Maximum Building Height: Parking Required : (Standard Area 3) Landscape Open Space: Maximum Site Coverage: Fire Lane and Hydrant Required: 53,000 SF maximum, actual shown 45,000 to 50,000 SF (4,647 sq. m.) 15,000 SF to 17,000 SF (1.395 to 1,590 sq. m.) 15 meters 1 per 40 sq. m., therefore, the maximum required spaces would be 117. Actual shown complies. 10% required. Actual shown complies. 60% maximum. Actual Shown Complies Sprinkler not required under 3 storeys and non-combustible construction. Other Designs and Sizes Available

6 2 PARCEL ACRES Asking: $306,450 ($135,000/acre) Build to Suit: > Industrial Warehouse: $6.00 PSF Net > Office: $22.00 PSF Net > Restaurant/Hotel/Motel/Medical/Dental: contact listing agents Parcel Industrial Road Size: 2.27 acres Land Use Designation: h, h-119, LI2 (18), LI4 (6), LI5 (3) Permitted Building Size: (Bylaw Z-1) Building Area: Maximum Building Height: Parking Required : (Standard Area 3) Landscape Open Space: Maximum Site Coverage: Fire Lane and Hydrant Required: site coverage governs 30,000 SF (2,788 sq. m.) 15 meters 2 spaces per unit as shown divided 10% required. Actual shown complies. 60% maximum. Actual Shown Complies Sprinkler not required under 3 storeys and non-combustible construction. Other Designs and Sizes Available

7 3 PARCEL ACRES Asking: $553,500 ($135,000/acre) Build to Suit: > Industrial Warehouse: $6.00 PSF Net > Hotel/Motel: contact listing agents Parcel Industrial Road Size: 4.1 acres Land Use Designation: h, h-119, LI2 (18), LI5 (3) Permitted Building Size: (Bylaw Z-1) Building Area: Maximum Building Height: Parking Required : (Standard Area 3) Landscape Open Space: Maximum Site Coverage: site coverage governs 50,000 SF as shown 15 meters 2 spaces per unit 10% required. Actual shown complies. 60% maximum. Actual Shown Complies Other Designs and Sizes Available

8 4 PARCEL ACRES Asking: $1,552,500 ($75,000/acre) Build to Suit: > Industrial Warehouse: $6.00 PSF Net Parcel Industrial Road Size: Land Use Designation: Permitted Building Size: (Bylaw Z-1) Building Area: Maximum Building Height: Parking Required : (Standard Area 3) Landscape Open Space: Maximum Site Coverage: 20.7 acres LI2 Up to 350,000 SF +/- site coverage governs 240,000 SF shown 15 meters 1 per 100 sq. m. Actual shown complies. 10% required. Actual shown complies. 60% maximum. Actual Shown Complies Other Designs and Sizes Available

9 CONTACT US CHRIS KIRWIN, AACI, SIOR** President, Broker of Record X 201 chris.kirwin@colliers.com MATT CHAMBERS Vice President,Sales Representative X 203 matt.chambers@colliers.com COLLIERS INTERNATIONAL LONDON ONTARIO BROKERAGE 650 Colborne St. London ON N6A 5A Accelerating success. Demographic 5 km London Total Population , ,953 Projected Population , ,114 Average Household Income 2015 $68,249 $84,745 Projected Household Income 2020 $76,477 $94,460 Travel to Work by Vehicle 84.4% 85.4% Population Employed 64.1% 64.6% * Sales Representative ** Broker This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s) All rights reserved. Colliers International London Ontario Brokerage.