The subject building contains approximately 105,000 sf of leasable area of which 37,777 sf have been retrofitted to Class A medical office space which is fully occupied. The remaining 67,223 sf is in shell condition ready for leasehold improvements. A new owner can continue the building's transformation into one of Scarborough's premier medical office buildings. The building has 67,223 sf of vacant space in shell condition allowing new ownership to unlock much of the property's value through an aggressive capital and lease-up program. The average in place rental rate is $41 psf with a mix of tenancies.
Thank you for your request. A representative will be in contact with you within 48 hours.