Food processing facility For sale / lease...and a focus on agriculture. This tradition continues...

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Tel: 519 746 6300 www.dtzbarnicke.com www.dtzbarnicke.com 519 746 6300 WHITNEYRE.COM Food processing facility For sale / lease 416 Franklin Boulevard, Cambridge

Transcript of Food processing facility For sale / lease...and a focus on agriculture. This tradition continues...

Page 1: Food processing facility For sale / lease...and a focus on agriculture. This tradition continues today with over 1400 farms grossing an average of $1,751 in farm receipts per acre—a

Tel: 519 746 6300 www.dtzbarnicke.com www.dtzbarnicke.com 519 746 6300 WHITNEYRE.COM

Food processing facility

For sale / lease

416 Franklin Boulevard, Cambridge

Page 2: Food processing facility For sale / lease...and a focus on agriculture. This tradition continues today with over 1400 farms grossing an average of $1,751 in farm receipts per acre—a

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Savage Drive

Site Plan

Page 3: Food processing facility For sale / lease...and a focus on agriculture. This tradition continues today with over 1400 farms grossing an average of $1,751 in farm receipts per acre—a

Food Processing in Waterloo Region Waterloo Region’s sophisticated and leading food processing industry Waterloo Region’s long history in food production began in the early 1800’s with early founding Mennonite farmers and a focus on agriculture. This tradition continues today with over 1400 farms grossing an average of $1,751 in farm receipts per acre—a number 2.25 times higher that the provincial average, a strong food processing cluster with over 100 successful processors and distributors, and a new Institute for Food Processing Technology at Conestoga College. In fact, the Waterloo-Guelph-Toronto corridor is the largest food manufacturing region in Canada and the third largest in North America.

Source: Canada’s Technology Triangle

WHITNEYRE.COM

Property summary

Property address 416 Franklin Boulevard, Cambridge, Ontario

Location Located in Eastern Industrial Park, on the west side of Franklin Boulevard, near Savage Drive

Total building area 30,308 sq ft

office 2,400 sq ft

cooler 1,220 sq ft

freezer 4,094 sq ft (including spiral freezer)

Land area 3.09 acres

Frontage 445 feet

Power 2000 amps 550/600 volt

Zoning M3

Sprinklered Yes

Shipping/receiving 2—8’ x 10’ truck level doors

Ceiling height 18 feet

Features: Adaptable food production facility with extensive infrastructure in place including cooler, freezer, heavy power, drains etc.

Located on GRT route

Excess land for expansion or potential to sever

Landlord will recertify the building to meet CFIA standards

Taxes (2011) $40,646

Lease rate $5.95 per sq ft

Offering price $2,595,000

Page 4: Food processing facility For sale / lease...and a focus on agriculture. This tradition continues today with over 1400 farms grossing an average of $1,751 in farm receipts per acre—a

WHITNEYRE.COM Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney and Company Realty Limited Brokerage © 5/2012. MLS

Whitney and Company Realty Limited Brokerage

Food processing facility

For sale / for lease 416 Franklin Boulevard, Cambridge

Canada’s Technology Triangle is one of the best places in the world to do business. From Toyota Motor Manufacturing Canada (the

first plant outside of Japan to produce a Lexus model) to Research In Motion (maker of the world-famous Blackberry wireless

handheld communication device) to Christie Digital (state-of-the-art digital projection systems), this leading area offers the best of

a large urban centre while retaining a small town/rural feel. Some of the key industries that are excelling in the CTT are automotive,

high technology, advance manufacturing, food processing, logistics and transportation.

The City of Cambridge is strategically located in the heartland of southern Ontario, in Canada’s Technology Triangle (CTT). The

CTT is comprised of the urban centres of Cambridge, Kitchener and Waterloo. The City of Cambridge is approximately 50 miles

west of Toronto International Airport and is linked to other municipalities by Highways 401, 7 and 8. The CTT and Guelph areas

feature three major universities, Conestoga College and a consumer market of over

550,000 people. www.techtriangle.com

Nick Boertien

Client Advisory Services

Sales Representative

[email protected]

Voice: 519 746 6300 x 249

Darren Shaw, SIOR

VP, Client Advisory Services

Sales Representative

[email protected]

Voice: 519 746 6300 x 226

WHITNEY & Company Realty Limited.

219 Labrador Drive, Suite 200,

Waterloo, Ontario, Canada N2K 4M8

Voice: (+1) 519 746 6300

Fax: (+1) 519 746 0455

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