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THE GLENBOURN PLAZA

THE GLENBOURN PLAZA. Halifax, Nova Scotia. Commercial Space for lease. THE GLENBOURN PLAZA. Halifax, Nova Scotia. WM Fares Group 480 Parkland Drive Suite 205, Halifax Nova Scotia, Canada B3S1P9 Tel. 902.457.6676 Fax. 902.457.4686 www.wmfares.com. Maurice Fares 902.830.8356

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THE GLENBOURN PLAZA

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  1. THE GLENBOURN PLAZA Halifax, Nova Scotia Commercial Space for lease

  2. THE GLENBOURN PLAZA Halifax, Nova Scotia WM Fares Group 480 Parkland Drive Suite 205, Halifax Nova Scotia, Canada B3S1P9 Tel. 902.457.6676 Fax. 902.457.4686 www.wmfares.com Maurice Fares 902.830.8356 Maurice.fares@wmfares.com Commercial Space for lease CONTACT INFORMATION

  3. THE GLENBOURN PLAZA Halifax, Nova Scotia PROPERTY DESCRIPTION • The Glenbourn Plaza, 480 Parkland Drive, is located in the heart of Halifax’s Clayton Park West commercial district. Clayton Park West is approximately 10km west of the Halifax Central Business District and is a popular residential area containing a high concentration of multi-family and condominium developments. The neighbourhood surrounding the subject property consists primarily of single family, semi detached, town houses, commercial, and a high concentration of apartment buildings. AREA INFORMATION – Main Land North (Clayton Park West) Located approximately 1 km from the subject neighbourhood is Bayers Lake Business Park. Although Bayers Lake Business Park opened in the 1980s, significant development did not occur until the early 1990s. The park was originally conceived as a traditional industrial park, but with the introduction of Costco in the mid 1990s, followed by Wal-Mart, Kent, and numerous other large format retailers (such as Empire Theaters, Staples, Superstore, Zellers, and several restaurants), it has become a premier shopping destination. Access Primary access to the subject neighbourhood is provided via Bicentennial Highway or Dunbrack. Parkland Drive is a main through fare for the majority of commercial and retail locations within the area, attaching itself on both ends to: Kearney Lake Road and Lacewood Dr; two high traffic streets, which are main through fares to: Downtown, the Bayers Lake Business Park, and the Bedford hwy. The subject property is also at the footsteps to main access points onto the 102 highway. Growth Patterns The Clayton Park/Bedford area has seen some of the strongest growth in the HRM. The neighbourhood is now effectively built-out. The population within the local and surrounding neighborhoods has exhibited strong growth over the past decade. The demand for existing space is expected to continue to be high. AREA INFORMATION

  4. THE GLENBOURN PLAZA Halifax, Nova Scotia The Glenbourn Plaza is a mix use two storey commercial plaza with 12 commercial retail units on the main level and 6 office space units on the second floor of the building. BUILDING SITE • BUILDING TYPE/FEATURES • - Retail Strip plaza with over head offices. • - High traffic area • - Completely surrounded by many single family and multi-unit dwellings • THE SPACES • - 1,200 OR 2400 sq.ft at street level • - Tenant owned and controlled HVAC and air distribution unit • - Lease terms negotiable • - Spaces have two secure entrances and are currently alarmed • BUILDING AGE • - Built circa 2005 • SIZE • - 2 floors • - 26,408 square feet • PARKING • - Ample surface parking at front and rear of the building. • TENANCY • - A mix of primarily local and regional tenants FRONTAGE • - Direct frontage on the west side of Parkland Drive. SITE AREA • - 2.31 acres or 100,623 square feet CONFIGURATION • - Rectangular PARKING • - Adequate paved surface parking with expansive office parking at the rear of the building. SERVICES - Full municipal services ACCESS • - Ingress and egress is available via two curb cuts from Parkland drive. TOPOGRAPHY • - The site is generally level. No issues with drainage exist. BUILDING INFORMATION

  5. THE GLENBOURN PLAZA Halifax, Nova Scotia STREET LEVEL FLOOR PLAN FLOOR PLAN

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