Office User/Investment Opportunity

Office for Sale
Catylist Listing ID: 30497524
Property Subtypes: Governmental, Institutional, Office Building, Other
Building Size (RSF): 95,140 SF
Gross Building Area: 105,354 SF
Gross Land Area: 34,179 SF
Sale Price: See Agent
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/10/2019

Overview / Comments

Colliers National Investment Services in Winnipeg has been retained to act as the exclusive agent in the sale of 325 Broadway in downtown Winnipeg, Manitoba. 325 Broadway is comprised of a 95,140 square foot single-tenant 6-storey office building with 14 indoor parking stalls, 16 on-site surface stalls, and an additional 70 stall surface parking lot situated at 64 Donald Street. The property is ideally situated along the Broadway office corridor in the heart of Winnipeg’s Central Business District and less than a 15 minute walk to Portage and Main.

Unpriced sale offering with all offers to be submitted to Colliers and considered by the Vendor as received.

Investment Highlights:

1. Opportunity to acquire an efficient institutional quality office building centrally and prominently located along the prestigious Broadway office corridor.

2. Signature user opportunity with branding and building naming potential.

3. Efficient column spacing and approximate 15,300 square foot floor plate.

4. Base building is fully sprinklered and meets most current public sector leasing requirements.

5. Offering includes 100 parking stalls including 14 executive heated indoor stalls.

6. Building was designed to be expanded on the east side of the site.
Holding period income of approximately $1,700,000 until the expiry of the existing PWGSC lease on December 31st, 2020.

7. Available at a significant discount to new construction.

For more information, please contact Colliers at 204-943-1600 or visit http://www.collierscanada.com/en/28088

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Submarket/Township: 9A
Zoning: M

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Contact

Photograph of Listing Agent

Brian Taillieu

Colliers International - Brian Tailleu
CPIX® Member
Photograph of Listing Agent

Donald White

Colliers International - Don White
CPIX® Member
Photograph of Listing Agent

Clarise Mare

Colliers International
CPIX® Member
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