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Ontario College Campus for Sale 5 Properties in Perth, ON
INVESTMENT HIGHLIGHTS
- Well Maintained institutional quality asset
- Exceptional access to abundance of close by amentities
- Free and clear of financing
- strong conversion or continued use possibilities
- Seller requires possession until August 31, 2026
EXECUTIVE SUMMARY
On behalf of our client, Algonquin College of Applied Arts and Technology (the “Seller”), CBRE Limited (the “Advisor”) is pleased to offer for sale a 100% freehold interest in 7 Craig Street in Perth, Ontario (the “Offering”, the “Site”, or the “Property”).
The Property represents a 12.34 acre improved site with four buildings totaling 48,221 square feet of net rentable area. Building A is a 24,645 square feet of office space, Building B is 17,579 square feet of industrial space, Building C represents a stand-alone industrial building with 2,916 square feet of net rentable area, Building D is a storage building with 2,486 square feet of area (not included in the net rentable area), and Building E is a freestanding Office building with 3,081 square feet of net rentable area. Of the 12.34 acres, approximately 7 acres of the land area is deemed developable.
The Property is being used by the Seller until August 31, 2026. The Seller is open to an earlier closing with a sale-lease back of the Property. The Property is being offered unpriced and the Seller is entertaining offers as they come in. The Seller reserves the right to impose a Bid Date if it deems it in its best interest.
The Property represents a 12.34 acre improved site with four buildings totaling 48,221 square feet of net rentable area. Building A is a 24,645 square feet of office space, Building B is 17,579 square feet of industrial space, Building C represents a stand-alone industrial building with 2,916 square feet of net rentable area, Building D is a storage building with 2,486 square feet of area (not included in the net rentable area), and Building E is a freestanding Office building with 3,081 square feet of net rentable area. Of the 12.34 acres, approximately 7 acres of the land area is deemed developable.
The Property is being used by the Seller until August 31, 2026. The Seller is open to an earlier closing with a sale-lease back of the Property. The Property is being offered unpriced and the Seller is entertaining offers as they come in. The Seller reserves the right to impose a Bid Date if it deems it in its best interest.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 50,707 SF |
| Number of Properties | 5 | Total Land Area | 49.76 AC |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 50,707 SF |
| Total Land Area | 49.76 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 7 Craig St, Perth, ON K7H 3C3 | Industrial | 17,579 SF | 2011 | - |
| 7 Craig St, Perth, ON K7H 1X7 | Industrial | 2,916 SF | 1998 | - |
|
D
7 Craig St, Perth, ON K7H 1X7 |
Industrial | 2,486 SF | 2000 | - |
| 7 Craig St, Perth, ON K7H 3C3 | Office | 24,645 SF | 2011 | - |
| 7 Craig St, Perth, ON K7H 3H1 | Office | 3,081 SF | 2016 | - |
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Ontario College Campus for Sale
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