Property Highlights:
Conveniently located on an urban site surrounded by iconic and historic landmarks, including the National War Monument; the National Arts Centre; the Chateau Laurier; the Lord Elgin Hotel; and a few blocks from Parliament Hill.
• 953 SF ground floor retail unit fronting on Slater Street
• Ideal for quick service restaurant, convenience and professional services
• Opportunity available in 517,700 SF office tower anchored by the Department of Finance and the Treasury Board of Canada Secretariat
• Located steps from Parliament Hill, Sparks Street pedestrian mall and many hotels
• Average daily traffic counts of over 21,000 vehicles and 7,300 pedestrians at the intersection of Elgin and Queen Street.
Terms:
•Timing: Immediate
•Size approx.: 953 sf
•Term: 5+5 yr renewal
•Monthly approx. rent: $6,498.66
Rent estimate includes TMI – Subject to Utilities and TAX
Investment Estimate:
•Construction: $145,000-$250,000
•Inventory: $15,000-$30,000
Construction, equipment & inventory cost varies by concept, space, & condition
$ 2,799,000
$ 929,000
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