for sale 49 morrow road · 2019-11-21 · 49 morrow road barrie, on 29,263 sq. ft. for sale andy...

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49 Morrow road BARRIE, ON 29,263 SQ. FT. FOR SALE ANDY SUHR* Senior Sales Associate T 416 495 6227 [email protected] CBRE LIMITED 2005 Sheppard Ave. E, Suite 800 Toronto, Ontario, M2J 5B4 www.cbre.ca For further information, please contact: *Sales Representative DEAN HILTON Sales Representative T +1 705 727 6061 [email protected] Hassey Realty Corp., Brokerage

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Page 1: FOR SALE 49 Morrow road · 2019-11-21 · 49 Morrow road BARRIE, ON 29,263 SQ. FT. FOR SALE ANDY SUHR* Senior Sales Associate T 416 495 6227 andy.suhr@cbre.com CBRE LIMITED 2005 Sheppard

49 Morrow roadB A R R I E , O N 29,263 SQ. FT.

F O R S A L E

ANDY SUHR*Senior Sales AssociateT 416 495 [email protected]

CBRE LIMITED2005 Sheppard Ave. E, Suite 800

Toronto, Ontario, M2J 5B4www.cbre.ca

For further information, please contact:

*Sales Representative

DEAN HILTONSales RepresentativeT +1 705 727 [email protected] Realty Corp., Brokerage

Page 2: FOR SALE 49 Morrow road · 2019-11-21 · 49 Morrow road BARRIE, ON 29,263 SQ. FT. FOR SALE ANDY SUHR* Senior Sales Associate T 416 495 6227 andy.suhr@cbre.com CBRE LIMITED 2005 Sheppard

PROPERTY DESCRIPTION

49 Morrow Road is a multi-tenanted industrial facility on a 2.31 acre site, located in close proximity to the interchange of Highway 400 and Essa Road in Barrie. The building features brick and block construction with a steel facade. Tenants benefit from excellent shipping amenities including a mix of loading docks and drive-in doors.

49 MORROW ROADBARRIE, ON

LOCATION Highway 400 / Essa Road

SITE AREA 2.31 ac.

BUILDING BREAKDOWN Industrial: Office:TOTAL:

26,337 sq. ft.10%29,263 sq. ft.

CLEAR HEIGHT 14 ft.

OCCUPANCY: 100%

PARKING: 55 Cars (approximately)Potential for Additional Parking

SHIPPING 15 Truck-Level Doors; 1 Drive-In Door

POWER TBD

SPRINKLERS Fully Sprinklered

ZONING HI - Highway Industrial

TAXES $44,980.71

TENANTS: 12 (total)

CURRENT NOI: $156,865.00

ASKING PRICE: $3,850,000.00

HASSEY

Page 3: FOR SALE 49 Morrow road · 2019-11-21 · 49 Morrow road BARRIE, ON 29,263 SQ. FT. FOR SALE ANDY SUHR* Senior Sales Associate T 416 495 6227 andy.suhr@cbre.com CBRE LIMITED 2005 Sheppard

Barrie is a vibrant, growing, historic community of over 143,000 residents offering an established economic base and an outstanding quality of life.

Central Location More than 9 million people, representing one quarter of Canada’s population, live within a 100-mile radius of Barrie. The southern portion of this area, known as the Greater Golden Horseshoe, accounts for nearly 70% of Ontario’s GDP. Located at

the northern tip of this area, Barrie is within a one-day trucking distance of more than 131 million North American consumers.

Simcoe County’s Largest CityThe City of Barrie is Central Ontario’s growth engine and functions as a regional provider of health, education, retail and business services for all of Simcoe County. Simcoe County population: 446,063 (including Barrie & Orillia).

ARDAGH RD

400

FAIRVIEW RD

BAYVIEW D

R

WELH

AM RD

ESSA

RD

• High-Tech Telecommunications Infrastructure • Unlimited Bandwidth • Point-to-Point Connectivity • IT Continuity

PLUGGED IN

Rail Short-line rail service owned and operated by the City of Barrie.• Interchanges daily with CP Rail providing

access across North America • Opportunities to access rail through siding or

transloading facility

RAIL / TRANSIT

Access to Major Transportation Hubs:Air • The Lake Simcoe Regional Airport (LSRA) is

one of Canada’s newest and most sophisticated regional airports.

• 10 minute drive from Barrie City Centre to Lake Simcoe Regional Airport; 50 minute drive to Pearson Airport

// ACCESS

• 10 minutes outside of Barrie • Less than 1 hour from Toronto • Convenient & direct highway access • $13.7M LSRA expansion completed in 2011 • Customs and cargo handling capability • Commercial, and private aircraft

Major Roads • Hwy 400 runs through Barrie with 5 interchanges • Connected to 3 major provincial highways

(90, 27, 11) along with Highway 400 • Convenient access to Highway 401 and Highway 407

ETR (via Highway 400)• Over 131 million consumers within a one-day truck-

ing or rail distance from the city of Barrie

SERIES 400 HIGHWAYS

GO Train • Two train stations servicing the Barrie area,

Allandale Waterfront GO Station (2 miles) and Barrie South GO Station (3 miles)

• Regular commuter trains servicing the Barrie-Toronto corridor during peak hours

• Summer weekend passenger train service to Toronto

// PROPERTY FEATURES

TIFFIN ST

FERNDALE

DR S

LITTLE AVE

HASSEYLOCATION OVERVIEW

Page 4: FOR SALE 49 Morrow road · 2019-11-21 · 49 Morrow road BARRIE, ON 29,263 SQ. FT. FOR SALE ANDY SUHR* Senior Sales Associate T 416 495 6227 andy.suhr@cbre.com CBRE LIMITED 2005 Sheppard

ANDY SUHR*Senior Sales AssociateT 416 495 [email protected]

CBRE LIMITED2005 Sheppard Ave. E, Suite 800

Toronto, Ontario, M2J 5B4www.cbre.ca

For further information, please contact:

*Sales Representative

DEAN HILTONSales RepresentativeT +1 705 727 [email protected] Realty Corp., Brokerage HASSEY

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth (02/2019).

49 Morrow roadB A R R I E , O N 29,263 SQ. FT.

F O R S A L E