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City Centre 33 Collier St

32,802 SF 100% Leased 4-Star Office Building Barrie, ON L4M 1G5 $11,500,000 CAD ($351 CAD/SF)

Executive Summary

Colliers International (the “Advisor”) is delighted to present the opportunity to acquire 33 Collier Street (“the Property”), a single-tenant, mixed-use building located on a 0.26-acre site in the heart of downtown Barrie. The Property encompasses 32,802 square feet and is fully leased by TD Canada Trust, an established ‘AAA’ covenant tenant and one of Canada’s largest banking institutions. TD Canada Trust occupies three stories and renewed their lease for an additional five years starting in June 2023, with four further 5-year extension options available. They have been tenants since the building was constructed in 2008 and utilize this prime location for their TD Commercial Banking, TD Waterhouse, TD Mortgages, and TD Wealth operations, as well as a traditional retail branch.

The property lies within the Downtown Barrie Urban Growth Centre, an area designated for high-density growth and urban development. With over 59,000 residents living within a 3-kilometer radius, the site benefits from a large local market. Additionally, it is close to numerous national retailers and key destinations that attract visitors from the surrounding region. 33 Collier Street offers a rare opportunity to own a landmark office building in the heart of Barrie.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
32,802 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Price
$11,500,000 CAD
Price Per SF
$351 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,934 SF
Building FAR
2.90
Lot Size
0.26 AC
Zoning
C1-2 - Commercial
Parking
10 Spaces (0.3 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Natural Light
  • Air Conditioning
Walk Score ®
Walker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33583031

  • Date on Market: 2024-10-21

  • Last Updated:

  • Address: 33 Collier St, Barrie, ON L4M 1G5

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