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150 Commerce Valley Dr W 150 Commerce Valley Dr W

212,242 SF 95% Leased 4-Star Office Building Markham, ON L3T 7Z3 For Sale

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

Sale Type
Investment
Property Type
Office
Building Size
212,242 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2005
Percent Leased
95%
Tenancy
Multiple
Number of Floors
9
Typical Floor Size
23,582 SF
Slab to Slab
12 ft
Building FAR
1.05
Land Acres
4.66 AC
Zoning
M.C.(76%)
Parking
900 Spaces (4.24 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Fitness Centre
  • Food Court
  • Restaurant
  • Outdoor Seating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 5th Fl-Ste 502
  • 3,082 SF
  • Office
  • Partial Build-Out
  • Now

4/1,000 Sf Parking Ratio. Free Covered Parking. La Prep Caf? In Building. Fitness Center In Complex. Close Proximity To Hwy 404 & 407. Superior Access To Public Transit. On-Site Property Management. Proactive Covid Cleaning Protocols.

  • 9th Fl-Ste 901
  • 6,517 SF
  • Office
  • Partial Build-Out
  • Now

4/1,000 Sf Parking Ratio. Free Covered Parking. La Prep Caf? In Building. Fitness Center In Complex. Close Proximity To Hwy 404 & 407. Superior Access To Public Transit. On-Site Property Management. Proactive Covid Cleaning Protocols.

  • 9th Fl-Ste 901
  • 6,517 SF
  • Office
  • Partial Build-Out
  • 30 Days

Commerce Valley community team provides on-site day to day support for your business and activities to engage your employees.

  • 9th Fl-Ste 902
  • 2,386 SF
  • Office
  • Partial Build-Out
  • 30 Days

4/1,000 Sf Parking Ratio. Free Covered Parking. La Prep Caf? In Building. Fitness Center In Complex. Close Proximity To Hwy 404 & 407. Superior Access To Public Transit. On-Site Property Management. Proactive Covid Cleaning Protocols.

Space Size Space Use Condition Available
5th Fl-Ste 502 3,082 SF Office Partial Build-Out Now
9th Fl-Ste 901 6,517 SF Office Partial Build-Out Now
9th Fl-Ste 901 6,517 SF Office Partial Build-Out 30 Days
9th Fl-Ste 902 2,386 SF Office Partial Build-Out 30 Days

5th Fl-Ste 502

Size
3,082 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

9th Fl-Ste 901

Size
6,517 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

9th Fl-Ste 901

Size
6,517 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

9th Fl-Ste 902

Size
2,386 SF
Space Use
Office
Condition
Partial Build-Out
Available
30 Days

5th Fl-Ste 502

Size 3,082 SF
Space Use Office
Condition Partial Build-Out
Available Now

4/1,000 Sf Parking Ratio. Free Covered Parking. La Prep Caf? In Building. Fitness Center In Complex. Close Proximity To Hwy 404 & 407. Superior Access To Public Transit. On-Site Property Management. Proactive Covid Cleaning Protocols.

9th Fl-Ste 901

Size 6,517 SF
Space Use Office
Condition Partial Build-Out
Available Now

4/1,000 Sf Parking Ratio. Free Covered Parking. La Prep Caf? In Building. Fitness Center In Complex. Close Proximity To Hwy 404 & 407. Superior Access To Public Transit. On-Site Property Management. Proactive Covid Cleaning Protocols.

9th Fl-Ste 901

Size 6,517 SF
Space Use Office
Condition Partial Build-Out
Available 30 Days

Commerce Valley community team provides on-site day to day support for your business and activities to engage your employees.

9th Fl-Ste 902

Size 2,386 SF
Space Use Office
Condition Partial Build-Out
Available 30 Days

4/1,000 Sf Parking Ratio. Free Covered Parking. La Prep Caf? In Building. Fitness Center In Complex. Close Proximity To Hwy 404 & 407. Superior Access To Public Transit. On-Site Property Management. Proactive Covid Cleaning Protocols.

Bike Score ®
Very Bikeable (72)
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: 19/11/2024

  • Last Updated:

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

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