Partnership. Performance.

Multi-Purpose Commercial Space211 John Savage Avenue, Dartmouth

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WHY AVISON YOUNG?

A Different Kind of

Commercial Real Estate

CompanyAvison Young is a global, full-service

commercial real estate firm.

We’re different.

• Firm’s equity in hands of principals

• Unique model, culture and client-centric

approach

• Intelligent, integrated global solutions

• Partner with our clients and across our

company

• Highly collaborative firm, focused together

on one thing: client success

• Our commitment is to create exceptional

value in every way

We are the fastest-growing and largest

independently-owned commercial real estate

services firm in the world.

Partnership. Performance.

ClientLead

Principal

Cross-

Principal

Collaboratio

n

211 JOHN SAVAGE AVE,

DARTMOUTH, NS

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Table of ContentsTITLE

Why Avison Young? 2

Table of Contents 3

Executive Summary 4

Property Highlights 5

LOCATION 6Location Description 7

Location Map 8

Site Plan 9

Survey Certificate 10

SITE 11

Site Details 12

13Property Online Map

Zoning Map 14

15Zoning Information

BUILDING 16

Building Information 17

Building A Photos 18

Building B Photos 19

Floor Plan Building A 20

Floor Pan Building B 21

FINANCIALS

Financial Overview 22

APPENDIX 23,24

4

Executive Summary

DISCLAIMER

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 Avison Young Maritimes Inc., 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.

Located downtown Dartmouth’s Burnside Business Park, this asset is in the largest business park East of Montreal. It is very close to the Dartmouth Crossings Retail Park which offers shopping, banking, entertainment and restaurants.

The property has two buildings. Building A has been operating as a retail discount store with two storeys. Building B is a warehouse, used for storage for the retail operation. There is one loading dock in the warehouse and ample surface parking around both buildings.

The buildings were built in 2015 and are in excellent shape. They are located on a high visibility intersection of Burnside with plenty of vehicular traffic.

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Property Highlights

Civic Address211 John Savage Ave, Dartmouth,

Nova Scotia

Property TypeMulti-purpose ( Industrial, Retail,

Office)

Age +/- 4 years

Current Use Retail Outlet (Discount Hub)

Current Owner Hours Investments Limited

Building SizeBld. A 14,050 sf

Bld. B 6,900 sf

Lot Size 60,595 sf

Zoning I-2 General Industrial

Municipal

Services

Water & Sewer, Police and fire

protection

Assessed Value $1,762,100

Financing Treat as free and clear

Selling Price $3,980.000

Leasing Price $12. net;

$5 CAM

Selling Process For Sale and Lease

Annual

Holding

Expenses

See Page 13 for

Information

211 JOHN SAVAGE AVE,

DARTMOUTH, NS

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LOCATION

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Location Description: Burnside

The subject property is located in the Burnside Business Park in Halifax, the largest urban centre in Atlantic Canada.

Halifax anchors the provincial economy with a strong and well-balanced mix of industry and employment ingovernment banking, financial services, healthcare, universities and research. Prominent amongst private sectordrivers are the ocean technology sector and the innovation ecosystem.

211 John Savage Drive is in The Burnside Business Park, the largest such park East of Montreal with more than 1,000employers and an estimated 17,000 workers. The park’s success and popularity with businesses is attributable to itsideal location at the intersection of major city and provincial highways and its proximity to the A. Murray MacKayBridge. Companies located in Burnside are a 15-20 minute drive to Halifax’s Central Business District and there isamble public transit servicing the park.

Burnside is also home to retail operations, warehousing, specialty manufacturing factories, storage facilities and theAtlantic headquarters for companies and organizations such as the Halifax Chamber of Commerce. It is also home tothe largest concentration of truck transportation in Atlantic Canada and is extensively serviced by CNR rail services.

The business park is minutes away from Dartmouth Crossing, a $280m commercial and retail development locatednorth of the interchange between Highway 111 and 118. Dartmouth Crossing comprises 2.2 million sf of retail spaceand is continuing to expand with plans for more hotel development and residential. Businesses are divided into fourmain categories: Big Box retailers, Main Street “fashion-oriented) shops which are smaller, an entertainment districtwith restaurants and a 12-screen Cineplex movie theatre and a business district with banks and gas stations.

Dartmouth Crossing is anticipated to produce a large increase in the volume of traffic for retail properties fronting theCorner of Wright Ave. and John Savage Ave.

211 JOHN SAVAGE AVE,

DARTMOUTH, NS

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Location Maps: Burnside Area Maps211 JOHN SAVAGE AVE,

DARTMOUTH, NS

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211 John Savage Avenue Site Plan211 JOHN SAVAGE AVE,

DARTMOUTH, NS

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211 John Savage Survey Certificate211 JOHN SAVAGE AVE,

DARTMOUTH, NS

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SITE

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Site Details

Civic Address 211 John Savage Ave

Site Description Site has two buildings. Bld. A is two storey

and is used for retail. Bld.B is a warehous.

There is paved parking. The property is on

the corner of John Savage and Wright.

Lot Size 60,596.51 sf

Dimensions Level

PID 41276288

Zoning I-2(Industrial)

Municipal Services ✓ Power

✓ Telephone

✓ Internet

✓ Sewer

✓ Police & Fire protection

Assessed Value $1,762,100

Property Taxes $60,000 (includes lawn, snow removal)

Improvements

Parking Paved Parking Lot excellent condition

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APPENDIX:

211 John Savage Property Online Map

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APPENDIX:

Zoning Map

Map available at http://

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APPENDIX:

Zoning

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BUILDING

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Building Information

Building Size Bld. A 14.050 sf (Retail)

Bld B 6,900 (Warehouse)

Construction Year 2015

Layout Two buildings exist on one parcel of land.

Building A is a two-storey retail property.

Building B is a one-storey warehouse.

Construction Type Pre-engineered steel frame, insulated

sandwich panels. Open web steel joists

under the ceiling steel pan for the main

floor and second floor of Bld. and under

main ceiling steel pan of Building B.

Envelope

Foundation

Roof

Aluminum

Concrete

Panel

Heating / HVAC Bld. A Natural gas, four suspended

furnaces

Bld. B no air conditioning, no heating

system

Electrical Service Bld. A and Bld. B have 400 amp, 3 phase,

600 volts

Water & Sewer

Sprinkler & Alarm

Complete municipal services, including

electricity, water, sewers, telephone, police

and fire protection.

Telecom Phone & Internet

Elevators None

Parking Ample onsite surface parking 25 spaces

Notes Two separate buildings included in

property.

211 JOHN SAVAGE AVE,

DARTMOUTH, NS

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Building A Photos211 JOHN SAVAGE AVE,

DARTMOUTH, NS

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Building B Photos211 JOHN SAVAGE AVE,

DARTMOUTH, NS

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211 John Savage Building Floor Plans

Bld A

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DARTMOUTH, NS

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211 John Savage Building Floor Plans

Bld B

211 JOHN SAVAGE AVE,

DARTMOUTH, NS

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211 John Savage Financials –Expenses

Expenses Property Tax $60,000

Electricity Bld. A 1265.64

Electricity Bld. B 116.75

Natural Gas Bld. A $485.52

Natural Gas Bld B $142.52

Water Bld. A $82

Water Bld. B $60.40

Total* 2152.83

Expenses Per Month* (*does not include insurance) 179.40

211 JOHN SAVAGE AVE,

DARTMOUTH, NS

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APPENDIX:

Avison Young at a Glance

Founded: 1978

Total Real Estate

Professionals:

5,000

Offices: 120

Brokerage Professionals: 1600

Property Under

Management:

290 million sf

Avison Young is the world’s fastest-growing

commercial real estate services firm.

Headquartered in Toronto, Canada, Avison

Young is a collaborative, global firm owned and

operated by its principals. Founded in 1978, the

company comprises 4,800 real estate

professionals in 95 offices, providing value-

added, client-centric investment sales, leasing,

advisory, management, financing and mortgage

placement services to owners and occupiers of

office, retail, industrial and multi-family

properties.Consulting & Advisory Services

- Portfolio review and analysis

- Valuation and appraisal

- Benchmarking

- Transaction management

- Asset rationalization

- Mergers and acquisitions

- Workplace solutions

- Acquisitions and dispositions

Management Services

- Project management

- Property and operations review

- Property/facility management

- Tenant relations

- Financial reporting

- Lease administration

- Operations consulting

- Asset management

- Portfolio management

Enterprise Solutions

- Integrated services coordination

- Transaction management

- Optimization strategies

- Portfolio lease administration

- Project coordination and reporting

Transaction Services

- Tenant representation, lease

acquisition and disposition

- Investment acquisition and

disposition for owners and

occupiers

- Landlord representation— all

property types—office,

industrial, retail, build-to-suit,

land and multi-family

Investment Management

- Acquisitions

- Asset management

-Portfolio strategy

- Capital repositioning

Thank you.

avisonyoung.com

©2019 Avison Young (Maritimes) Inc.,

Avison Young

(Maritimes) 1657 Bedford Row, Suite #1

Halifax, Nova Scotia B3J 1T1

Michael Brown, BBA ULE

Broker & Managing Directormichael.brown@avisonyoung.com

D 902.454.4110

C 902.229.6179

F 902.454.2095

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