8
322 KING STREET WEST HISTORIC RETAIL AT THE CORNER OF KING & JOHN LEASE BEAM BRICK & RETAIL FOR
322KING STREET WEST
HISTORIC RETAIL AT THE CORNER OF KING & JOHN
LEASE
BEAMBRICK &
RETAIL FOR
KING STREET WEST322
322 King Street West // Retail for Lease 322 King Street West // Retail for Lease
Size*: Ground:Lower Level:Total:
5,974 sq. ft. 5,791 sq. ft.11,765 sq. ft.
Net Rent: Ground:Lower Level:
$75.00 per sq. ft.$55.00 per sq. ft.
TMI: $14.00 per sq. ft.
Available: Q2 2020
Comments: • This historic brick-and-beam asset benefits from it’s adjacency to TIFF, Queen Street West’s fashion node and the Financial Core, while sitting on a ultra high traffic corner in the Enter-tainment District.
• Across the street to an entrance to the PATH network and a short walk to St. Andrew subway station
• Building is owned by Ed Mirvish Enterprises Ltd. and devel-oped by Projectcore
HISTORIC RETAIL FOR LEASE AT THE CORNER OF KING & JOHN
Ground and lower level may be leased together or independently
*Sizes are approximate
322 King Street West is ideally located on the corner of King and John, positioned between the King West Entertainment District and the Financial Core.
King Street West is Toronto’s most dynamic retail environment, known for the city’s largest concentration of restaurants, theatres and nightlife. It has seen an increase in the diversification of retail uses, leverag-ing one of the largest residential development cycles in Canadian history.
The Downtown West Toronto office market has the lowest vacancy rate in North America, boasting 7.6 million SF of character brick-and-beam space, add-ing excellent foot fall to the King West retail envi-ronment.
The Princess of Wales Theatre & The Royal Alexandra Theatre, located next to 322 King, are significant traffic generators:
• Total Patrons 2019/2020: 2,079,000
• Total Performances 2019,2020: 1,160
LOCATIONNEIGHBOURING TENANTS
322 King Street West // Retail for Lease 322 King Street West // Retail for Lease
Pata
goni
a
Shop
pers
Dru
g M
art
Pri
nces
s of
Wal
es T
heat
re
322
KIN
G S
T W
EST
Rox
y on
Kin
g
TIf
f Bel
l Lig
htbo
x
Star
buck
s
Shop
pers
Dru
g M
art
Aro
ma
Esp
ress
o B
ar
Noa
ha’s
Nat
ural
Foo
ds
RB
C
Fres
h &
Wil
d Fo
od M
arke
t
Qua
ntum
Cof
fee
Wes
lodg
e
Patr
ia
LCBO
Hya
tt R
egen
cy
Kin
g St
reet
Soc
ial
La Carnita
SU&BU
Sweet Jesus
Fox on John
Figo TorontoPAI
Grace O’Malley Michael’s
Lum
aP
inkb
erry
/Sec
ond
Cup
Bar
re3
Fred
’s N
ot H
ere
Gab
by’s
Dis
tric
tH
ey L
ucy
Con
do D
evel
opm
ent
Con
do D
evel
opm
ent
Soul
Cyc
le
SOM
A C
hoco
late
mak
er
Mar
bel
Spin
Bar
o
Firk
in
Inkb
ox P
arlo
ur
Bul
kBar
nB
arH
op
Cal
ii L
ove
Star
buck
s
Con
do D
evel
opm
ent
Roy Thompson Hall
Met
ro H
all
Dav
id P
ecau
t Sq
uare F45
CIB
C
Scot
iaba
nk
Ele
phan
t &
Cas
tle
Ear
ls K
itch
en +
Bar
Il F
orne
llo
Cof
fee
Oys
ters
Cha
mpa
gne
Roy
al A
lexa
ndra
The
atre
BM
O
JOH
N ST
PE
TE
R ST
RE
ET
UN
IVE
RSIT
Y AV
EN
UE
KING STREET WEST
SPAD
INA
AV
EN
UE
SIMC
OE
STR
EE
T
M
322 King Street West // Retail for Lease
NOTABLE DEVELOPMENT APPLICATIONS
NOTABLE ACTIVE DEVEMOPMENTS
$125,915
194,920
51.1%
31.9%
AVERAGE HOUSEHOLD INCOME*
DAYTIME POPULATION*
POPULATION CHANGE (2018-2023)*
MEDIAN AGE*
*WITHIN 750 METRES OF 322 KING (2018)
322 King Street West // Retail for Lease
# Condo Status Units1 King Blue Under Construction 8072 357 King Street W Under Construction 3243 The Taylor Under Construction 2864 Nobu Under Construction 6965 19 Duncan Street Under Construction 4626 PJ Condo Under Construction 3667 Theatre District Condos Under Construction 1318 330 Richmond Street W Under Construction 344
# Condo Status Units9 Mirvish + Gehry Pre-Construction 1,917 10 205-319 King Street W Pre-Construction 40211 400 King Street W Pre-Construction 53012 401-415 King Street W Pre-Construction N/A13 Maverick Pre-Construction 32814 Bungalow on Mercer Pre-Construction 12
15 14 Duncan Street Pre-Construction 36916 150 Pearl Street Pre-Construction 61017 100 Simcoe Pre-Construction 524
18 263 Adelaide St W Pre-Construction 35319 8-20 Widmer Pre-Construction N/A20 Peter & Adelaide Pre-Construction 69621 Carlyle Condos Pre-Construction 34822 Riocan Hall Pre-Construction 61323 101 Spadina Avenue Pre-Construction N/A24 46 Charlotte Pre-Construction 21625 Union Park Pre-Construction 800
12
3
4
5
9
1011
12 13
14
1516
1718
19
20
21
22
23 24
25
67
8
750 metres
INCOMINGCONDO UNITS: 17,634+
504 KING
STREETCAR
M
M
M
M
M
WITHIN 750 M OF 322 KING
322 King Street West // Retail for Lease 322 King Street West // Retail for Lease
OFFICE STATS
7.6 MILLION SF
2.6%
1,227,989 SF
OF OFFICE SPACE
VACANCY RATE
OF INCOMING OFFICE DENSITY
*DOWNTOWN WEST
322 King Street West // Retail for Lease
GROUND FLOOR5,974 SQ. FT.
KIN
G S
TR
EET
WES
T
JOHN STREET
*Sizes are approximate
KIN
G S
TR
EET
WES
T
JOHN STREET
322 King Street West // Retail for Lease
LOWER LEVEL5,791 SQ. FT.
*Sizes are approximate
KING STREET WEST322
HISTORIC RETAIL FOR LEASE AT THE CORNER OF KING & JOHN
322 King Street West // Retail for Lease 322 King Street West // Retail for Lease
ALEX EDMISON*Vice President
416 874 7266 [email protected]
ARLIN MARKOWITZ*Senior Vice President
416 815 2374 [email protected]
CONTACT
JACKSON TURNER**Associate Vice President
416 815 2394 [email protected]
TEDDY TAGGART Sales Representative
416 847 3254 [email protected]
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 pro-jections, 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.
