5650 SPRING GARDEN RD HALIFAX, NOVA SCOTIA PRIME RESTAURANT SPACE FOR SUBLET +/- 5,300 square feet PROPERTY FEATURES • Excellent opportunity to be on Spring Garden Road at below market rents, with current seating capacity of over 200 patrons. EXPIRES: DECEMBER 31ST, 2021 RETAILERS ON THE STREET INCLUDE: • Located directly on Spring Garden Road, Halifax’s high street shopping district, featuring over 30 restaurants and cafes, and 50 retailers. • Lululemon Athletica • Running Room • Mahone Bay Trading Co. • Dugger’s Menswear • Serviced by over 20 bus routes, 1,600 parking spaces and 50 bike racks • Tim Horton’s • Cintamani • Surrounding residents are highly educated with relatively high incomes and sophisticated tastes, approximately 20,000 people live within 1 Km of the subject property, expanding to 50,000 during the university calendar year, with this number growing rapidly. • David’s Tea • American Apparel • Starbucks • The Shops at Mills • Pet Value • Roots • For the Spring Garden Area Business Association Brochure: Click Here • Eastlink • Sleep Country • Rogers • TD Canada Trust • Bell • BMO • LeChateau • RBC • Touch of Gold • CIBC DETAILS SPACE AVAILABLE +/- 5,300 square feet SIGNAGE Yes, street front signage ASKING NET RENT $14.00 psf Net ESTIMATED CAM/TAXES $11.50 psf • Shoppers Drug Mart For more information, please contact: JAMES BOUDREAU, CA Commercial Real Estate Advisor (902) 482 1767 Direct (902) 456 1126 Mobile jboudreau@cwatlantic.com CUSHMAN & WAKEFIELD ATLANTIC 5475 Spring Garden Road Suite 601, Cornwallis House Halifax, Nova Scotia B3J 3T2 www.cwatlantic.com The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.) 5650 SPRING GARDEN ROAD, HALIFAX, NS 2nd Floor Restaurant Space for Sublet +/- 5,300 SQUARE FEET RESTAURANT FOR SUBLET For more information, please contact: JAMES BOUDREAU, CA Commercial Real Estate Advisor (902) 482 1767 Direct (902) 456 1126 Mobile jboudreau@cwatlantic.com CUSHMAN & WAKEFIELD ATLANTIC 5475 Spring Garden Road Suite 601, Cornwallis House Halifax, Nova Scotia B3J 3T2 www.cwatlantic.com The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.) 5650 SPRING GARDEN ROAD, HALIFAX, NS 2nd Floor Restaurant Space for Sublet +/- 5,300 SQUARE FEET RESTAURANT FOR SUBLET Spring Garden Road is Halifax’s high street shopping destination, the epicenter of Atlantic Canada’s streetscape shopping, in the heart of downtown Halifax. The location offers close proximity to numerous amenities including: over 200 retail shops, Park Lane Mall, Spring Garden Place, over thirty restaurants and cafés, two major universities, a proposed new YMCA, Cineplex movie theatres, and the newly developed Halifax Public Library. Spring Garden Road is the home to many of the city’s favourite festivals, parades and events and is one of the most walked areas in the city. More than 1,500 conveniently located parking spaces in the area mean you can park your car and stroll on foot to take in the street’s charming shops and attractions. Spring Garden Road is Halifax’s equivalent to Robson Street in Vancouver, Bloor & Yorkville in Toronto, St. Catherine's Street in Montreal, and Stephen Avenue in Calgary. Throughout the year, the population within a 1 KM radius of the property ranges from 20,000 – 50,000 people depending on the university calendar. This offers a sophisticated consumer base with higher than average disposable income. 5650 Spring Garden Road SPRING GARDEN ROAD STATISTICS Avg. Age of Population (years) 37.8 Public Parking Spaces (0.5km) 1,800 Average HHI $57,486 SGR Avg. Sales /sf (est.) $600 – 700 Total Permanent Population (1.5km) 31,545 Threshold Sales / sf $1,500/sf+ University / Student Population (1.5km) 28,000 Retailers in Spring Garden Area 300 + Total Daytime Workforce (1.5km) 25,000 + Bus Routes / Trips Daily 20 / 700 For more information, please contact: JAMES BOUDREAU, CA Commercial Real Estate Advisor (902) 482 1767 Direct (902) 456 1126 Mobile jboudreau@cwatlantic.com CUSHMAN & WAKEFIELD ATLANTIC 5475 Spring Garden Road Suite 601, Cornwallis House Halifax, Nova Scotia B3J 3T2 www.cwatlantic.com The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.) 5650 SPRING GARDEN ROAD, HALIFAX, NS +/- 5,300 SQUARE FEET RESTAURANT FOR SUBLET 2nd Floor Restaurant Space for Sublet GROUND FLOOR ENTRANCE STAIRS TO RESTAURANT SPACE UPPER LANDING OF STAIRS MAIN ENTRANCE TO RESTAURANT SPACE For more information, please contact: JAMES BOUDREAU, CA Commercial Real Estate Advisor (902) 482 1767 Direct (902) 456 1126 Mobile jboudreau@cwatlantic.com CUSHMAN & WAKEFIELD ATLANTIC 5475 Spring Garden Road Suite 601, Cornwallis House Halifax, Nova Scotia B3J 3T2 www.cwatlantic.com The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.) 5650 SPRING GARDEN ROAD, HALIFAX, NS 2nd Floor Restaurant Space for Sublet +/- 5,300 SQUARE FEET RESTAURANT FOR SUBLET MAIN RESTAURANT SPACE ALTERNATE VIEW OF MAIN RESTAURANT SPACE ALTERNATE VIEW OF MAIN RESTAURANT SPACE ALTERNATE VIEW OF MAIN RESTAURANT SPACE For more information, please contact: JAMES BOUDREAU, CA Commercial Real Estate Advisor (902) 482 1767 Direct (902) 456 1126 Mobile jboudreau@cwatlantic.com CUSHMAN & WAKEFIELD ATLANTIC 5475 Spring Garden Road Suite 601, Cornwallis House Halifax, Nova Scotia B3J 3T2 www.cwatlantic.com The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.) 5650 SPRING GARDEN ROAD, HALIFAX, NS 2nd Floor Restaurant Space for Sublet +/- 5,300 SQUARE FEET RESTAURANT FOR SUBLET ISLAND BAR ELEVATED SECTION ADDITIONAL SEATING AT REAR PREVIOUS KITCHEN AREA (ALL ROUGHED IN) For more information, please contact: JAMES BOUDREAU, CA Commercial Real Estate Advisor (902) 482 1767 Direct (902) 456 1126 Mobile jboudreau@cwatlantic.com CUSHMAN & WAKEFIELD ATLANTIC 5475 Spring Garden Road Suite 601, Cornwallis House Halifax, Nova Scotia B3J 3T2 www.cwatlantic.com The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.) 5650 SPRING GARDEN ROAD, HALIFAX, NS 2nd Floor Restaurant Space for Sublet +/- 5,300 SQUARE FEET RESTAURANT FOR SUBLET FLOOR PLAN For more information, please contact: JAMES BOUDREAU, CA Commercial Real Estate Advisor (902) 482 1767 Direct (902) 456 1126 Mobile jboudreau@cwatlantic.com CUSHMAN & WAKEFIELD ATLANTIC 5475 Spring Garden Road Suite 601, Cornwallis House Halifax, Nova Scotia B3J 3T2 www.cwatlantic.com The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)
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