For Sale $7,549,000
Property Type Industrial - Flex - Industrial
Property Size 42,291 SF
Lot Size 3.55 Acre
Property Tenancy Multi-Tenant
Date Updated Apr 3, 2024
HVAC None

These light industrial and office assets are located in the Heart of the Burnside Industrial Park. Burnside is the largest industrial park north of Boston and east of Montreal, with almost 2,000 enterprises and approximately 30,000 employees. Burnside Park is a centrally located urban industrial park with superb transportation links. Burnside is located adjacent to five 100-series highways, providing quick access to and from the park. Additionally, Burnside businesses are located within 10-15 minutes travel time to the downtown Halifax, the Halifax International Airport, and the Port of Halifax. The park is also abundantly serviced by C.N.R. mainline, siding, and common user facilities, and is home to the largest concentration of truck transportation in Atlantic Canada. The park is also served by public transit links including the Rapid Transit bus route.This two asset, light industrial and office portfolio is available through a standard Listing and purchasing process. Agreements of Purchase and Sale or Letters of Intent are welcomed, and Avison Young is available to assist. The Seller prefers a 30 day Due Diligence process followed by a Closing Date 30 days thereafter.

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Highlights

There is a new 10 year lease in place protecting 96% of the income!
Great location in established section of the Burnside Business Park
Long Term Lease in place securing a vast majority of the income stream!
One asset is intended for industrial use [21], while the other contains office and industrial space [11]
Generous surface parking ratios
Healthy amounts of capital expenditure under the current ownership
Lots of natural light in many areas

Contacts

William Hachey

Avison Young - CA - NS - Halifax

(902) 448-8988

Location

Getting Around

Walk Score ®
34/100 Car-Dependent
Transit Score ®
45/100 Some Transit
Bike Score ®
32/100 Somewhat Bikeable

City Dartmouth, NS
Neighborhood Burnside

Points of Interest

Alderney Ferry Terminal

2.82 miles
Halifax Ferry Terminal

3.68 miles
Woodside Ferry Terminal

4.22 miles
Halifax

4.41 miles

Petro-Pass

0.39 miles
Irving

0.49 miles
Ultramar

0.51 miles
Ultramar

0.83 miles
Ultramar Pipeline Cardlock

0.83 miles
Shell

1.44 miles
Petro-Canada

1.57 miles
Irving

1.58 miles
Wilsons

1.61 miles
Irving

1.76 miles

Maybank Park and Ride

1.68 miles
Shubie Drive Trail Head

1.81 miles
Fort Needham

2.52 miles
Kiwanis Grahams Grove Park Parking Lot

2.57 miles
Alderney Park and Ride

2.58 miles
Superstore

2.62 miles
Dartmouth Events Plaza / Alderney Landing

2.75 miles
57 Portland

2.77 miles
Dartmouth Medical Centre

2.83 miles
Curling Club Accessible Parking

3.02 miles

Subway

0.34 miles
100 Cha Baa Tai

0.39 miles
Habañeros

0.39 miles
Jessy's Pizza

0.42 miles
Wendy's

0.45 miles
Pepperka

0.47 miles
Burger King

0.52 miles
Tim Hortons

0.53 miles
Subway

0.54 miles
McDonald's

0.56 miles

Walmart

1.25 miles
Canadian Tire

1.26 miles
Marshalls

1.36 miles
Sobeys Express

1.45 miles
Home Outfitters

1.54 miles
Sobeys Wyse Road

1.90 miles
Hudson's Bay

1.93 miles
Mic Mac Mall

1.98 miles
Union Mart

1.99 miles
Gouthro's No Frills

2.16 miles

Nova Scotia RCMP Headquarters

0.59 miles
Fire Station 12

0.93 miles
Halifax Regional Police East Division Community Office

0.95 miles
International Travel Clinic

0.99 miles
Health Clinic

1.56 miles
Halifax Regional Police Training Centre

1.75 miles
IWK Health Centre Obstetrics and Gynecology Clinic Dartmouth

1.85 miles
Shoppers Drug Mart

1.99 miles
East Division Satellite Office

2.03 miles
Shopper's Drug Mart 166

2.21 miles

Frequently Asked Questions

What is the lease rate for Thornhill Drive Portfolio?

Rental asking rate at Thornhill Drive Portfolio is $3,774,500.00/YR.

What is the total square footage of Thornhill Drive Portfolio?

Thornhill Drive Portfolio totals 42,291 square feet.

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