FOR SALE 5025 ORBITOR DRIVE, UNITS 100-400, BLDG 2, MISSISSAUGA AIRPORT CORPORATE PRIME OFFICE CONDOMINUM THREE INDIVIDUAL LEVELS OF OFFICE SPACE AND ONE LEVEL OF STORAGE AND BOARD ROOM SPACE FOR SALE LEVELS CAN BE COMBINED UNIT 200: $1,060,000.00 UNIT 300: $1,120,000.00 UNIT 400: $1,180,000.00 UNIT 100: Price to be Determined Ian Wilson, MBA, B.A. (Hons), ATPL Commercial Sales, Investment & Leasing 416.236-1871 iwilson@royallepage.ca John Morrison, B.A. (Hons), PLE Investment & Land Sales 416.921.1112 john.morrison@royallepage.ca 5025 ORBITOR DRIVE UNITS 100-400 25425 SQ FT OF RENTABLE AREA AND STORAGE
FOR SALE OVERVIEW This offering is part of a larger condominium office complex located at 5025-5045 Orbitor Drive in Mississauga's Airport Corporate Area. The complex known as "The Heritage" is located at the corner of Eglinton, Orbitor and Skymark. Located immediately next to the Mississauga BRT the Orbitor stop on this transit corridor allows for easy transit access for employees and clients. The site consists of ample common parking and has easy access to the 401/427 transportation routes. Location Map 5025 ORBITOR DRIVE (BLDG 2) UNITS 100-400 25425 SQ FT OF RENTABLE AREA AND STORAGE SPACE FOR SALE
PROPERTY DETAILS Location: The corner of Eglinton, Orbitor and Skymark with building visibility on to Eglinton. Site: Two large buildings (Bldg A and B) that are comprised of 12 Buildings and 41 units contained with the municipal addresses of 5025 and 5045 Orbitor Drive Zoning: EM-19: Employment zoning approved for traditional office and medical use. Condominium: PCC 431 Condo Fees: approximately.54 cents per sq foot. Inclusion: Bldg insurance, maintenance and landscaping, management, common elements (repairs and capital reserves) Units: Level 200: 6298 sq ft rentable area(current plan 2 single offices) Level 300: 6356 sq ft rentable area(current plan single office tenant, lease in place) Level 400: 6360 sq ft rentable area(current plan single office tenant, vacating Aug 2018) Level 100: 6409 sq ft of rentable area Lobby Mi Way BRT Entrance 5025 ORBITOR DRIVE (BLDG 2) UNITS 100-400 25425 SQ FT OF RENTABLE AREA AND STORAGE SPACE FOR SALE
UNIT AND FLOOR DETAILS All four levels of office and storage are available for purchase individually or combined together. LEVEL 400 (Top Floor) TENANT: single tenant vacating August 31st 2018 SPACE AND CONFIGURATION: 6360 SQ FT of rentable area, currently a mix of open plan office, single permimeter offices, staff area, storage, board room, reception. ASKING: $1,180,000.00
UNIT AND FLOOR DETAILS All four levels of office and storage are available for purchase individually or combined together. LEVEL 300 (Middle Floor) TENANT: single tenant, existing lease until 2023 SPACE AND CONFIGURATION: 6356 SQ FT of rentable area, currently a mix of open plan waiting area, single offices, staff area, storage, reception and treatment rooms. ASKING: $1,120,000.00
UNIT AND FLOOR DETAILS All four levels of office and storage are available for purchase individually or combined together. LEVEL 200 (First Floor) TENANT: two units ( vacant) SPACE AND CONFIGURATION: 6298 SQ FT of rentable area, currently a mix of open plan waiting area, single offices, staff area, storage, reception and treatment rooms. ASKING: $1,060,000.00
UNIT AND FLOOR DETAILS All four levels of office and storage are available for purchase individually or combined together. LEVEL 100 (Lower Level) STORAGE AND BOARD ROOM: current approved use for commercial storage, commercial office use being investigated via hired consultant and the City of Mississauga. SPACE AND CONFIGURATION: 6409 sq ft of rentable area consisting of Board Room, storage and single room use ASKING: TBD
5025 ORBITOR DRIVE BLDG 2 Price: $3,360,000 plus lower level Ian Wilson, MBA, B.A. (Hons), ATPL Commercial Sales & Leasing 416.236-1871 iwilson@royallepage.ca John Morrison, B.A. (Hons), PLE Investment & Land Sales 416.921.1112 john.morrison@royallepage.ca www.johnmorrisoncommercial.com