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150 Commerce Valley Dr W 210,405 SF 99% Leased 4-Star Office Building Markham, ON L3T 7Z3 For Sale

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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.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Office
Building Size
210,405 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2005
Percent Leased
99%
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. - Mixed-Use Commercial zone
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
  • 9th Fl-Ste 902
  • 2,386 SF
  • Office
  • Partial Build-Out
  • Now

This property offers a convenient 4/1,000 SF parking ratio along with free covered parking, ensuring ample and accessible parking for tenants and visitors. On-site amenities include a La Prep Café located within the building and a fully equipped fitness center within the complex. Ideally situated near Highways 404 and 407, the location provides superior access to public transit, making commuting easy and efficient. The property is professionally managed on-site and maintains proactive COVID-19 cleaning protocols to ensure a safe and clean environment for all occupants.

Space Size Space Use Condition Available
9th Fl-Ste 902 2,386 SF Office Partial Build-Out Now

9th Fl-Ste 902

Size
2,386 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

This property offers a convenient 4/1,000 SF parking ratio along with free covered parking, ensuring ample and accessible parking for tenants and visitors. On-site amenities include a La Prep Café located within the building and a fully equipped fitness center within the complex. Ideally situated near Highways 404 and 407, the location provides superior access to public transit, making commuting easy and efficient. The property is professionally managed on-site and maintains proactive COVID-19 cleaning protocols to ensure a safe and clean environment for all occupants.

Bike Score®
Very Bikeable (78)
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: 33923610

  • Date on Market: 2024-11-19

  • Last Updated:

  • Address: 150 Commerce Valley Dr W, Markham, ON L3T 7Z3

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