150 Commerce Valley Dr W 150 Commerce Valley Dr W 210,405 SF 95% Leased 4-Star Office Building Markham, ON L3T 7Z3 For Sale
INVESTMENT HIGHLIGHTS
- 96% occupied property with a average lease term remaining of 6.3 years.
- Newest building in this competitive market.
- Well maintained and managed to institutional standards.
EXECUTIVE SUMMARY
Institutional Property Advisors a division of Marcus and Millichap on behalf of the "Vendor" are pleased to offer for sale a 100% freehold interest in 150 Commerce Valley Drive West, Markham, Ontario (the "property" or "150 CVD"), an institutionally owned and managed class A office building totaling 210,405 square feet.
Situated on approximately 4.65 acres site in one of Markham's premier business nodes, the Commerce Valley Business Park, at the intersection of Leslie Street and Commerce Valley Drive West. 150 CVD offers efficient floor plates, on-site cafe/restaurant, fitness center, covered parking, EV charging and an out door campus setting.
Situated on approximately 4.65 acres site in one of Markham's premier business nodes, the Commerce Valley Business Park, at the intersection of Leslie Street and Commerce Valley Drive West. 150 CVD offers efficient floor plates, on-site cafe/restaurant, fitness center, covered parking, EV charging and an out door campus setting.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
210,405 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2005
Percent Leased
95%
Tenancy
Multiple
Building Height
9 Stories
Typical Floor Size
23,378 SF
Slab To Slab
12’
Building FAR
1.04
Lot Size
4.66 AC
Zoning
M.C.(76%)
Parking
900 Spaces (4.28 Spaces per 1,000 SF Leased)
AMENITIES
- Courtyard
- Fitness Center
- Food Court
- Restaurant
- Outdoor Seating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
4/1,000 Sf Parking Ratio. Free Covered Parking. La Prep Caf? In Building. Fitness Center In Complex. Close Proximity To Hwy 404 & 407. Superior Access To Public Transit. On-Site Property Management. Proactive Covid Cleaning Protocols.
4/1,000 Sf Parking Ratio. Free Covered Parking. La Prep Caf? In Building. Fitness Center In Complex. Close Proximity To Hwy 404 & 407. Superior Access To Public Transit. On-Site Property Management. Proactive Covid Cleaning Protocols.
4/1,000 Sf Parking Ratio. Free Covered Parking. La Prep Caf? In Building. Fitness Center In Complex. Close Proximity To Hwy 404 & 407. Superior Access To Public Transit. On-Site Property Management. Proactive Covid Cleaning Protocols.
| Space | Size | Space Use | Condition | Available |
| 5th Fl-Ste 502 | 3,082 SF | Office | Partial Build-Out | Now |
| 9th Fl-Ste 901 | 4,192 SF | Office | Partial Build-Out | Now |
| 9th Fl-Ste 902 | 2,386 SF | Office | Partial Build-Out | Now |
5th Fl-Ste 502
| Size |
| 3,082 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
9th Fl-Ste 901
| Size |
| 4,192 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
9th Fl-Ste 902
| Size |
| 2,386 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
Bike Score®
Very Bikeable (72)
CONTACTS
-
John Stewart -
Scott Chandler -
Bill Pitt -
Institutional Property Advisors
