THOMAS SPRATT PLACE OTTAWA, ON

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1 FOR SALE 1001 THOMAS SPRATT PLACE OTTAWA, ON Partnership. Performance. Quality Freestanding Industrial/Office Flex Building Approx. 10,000 sf Located in the Ottawa Business Park Asking Price: $2,785,000 Ed Belanger, Sales Representative Vice-President

2 Executive Summary Avison Young has been retained as Exclusive Sales Representative for the sale of 1001 Thomas Spratt Place, Ottawa, Ontario. The property is improved with a modern and attractively designed free-standing 1 storey industrial/office/warehouse building with a total Gross Floor Area ( GFA ) of approximately 10,000 square feet. The building, built circa 1990, is designed as a single use configuration comprised of open concept office space, flex space and warehouse storage. The property is located in the well-known Ottawa Business Park. Established in 1984, the Ottawa Business Park is a 275 acre, municipally sponsored office and high-end industrial park, of which, the majority is developed, extending from St. Laurent Boulevard in the south, and as far as Don Reid Drive in the west. Conroy Road bisects the business park. The building sits on a well-manicured 38,335 sf corner lot, that is rectangular in shape with great exposure along both Thurston Road and Thomas Spratt Place. The building layout consists of perimeter offices around a mostly open flex area. Exposed ceilings and vents highlight the central area. The building is also fully air conditioned, has significant power capacity and both grade and dock loading doors. This purchase opportunity is ideal for an owner occupant. The asking price of $2,785,000 represents a value of $279 per square foot. Closing date is flexible.

3 Site & Building Information Site Area Building is set on a 0.88 acre parcel of land Site coverage is approximately 26% Building Area 10,000 sf floor plate (approximately) Year Built Circa 1990 Parking Parking for 30+ vehicles on asphalt paved surface Physical Steel frame and concrete block superstructure with some pre-finished insulated metal panels Floor assembly is poured concrete Windows and front/rear entrance doors consist of double glazed thermopane windows set in metal frames Shipping and receiving area is located on the northern exposure of the building The roof, replaced in 2009, consists of conventional built-up system supported on a steel deck and open web steel joists Other layout components include handicapped access facility, kitchenette, a server room, a boardroom & shipping/receiving area with warehouse type storage Column spacing at 20 x 25 intervals Loading Doors One (1) dock height, 8 w x 10 h roll-up door with bumpers & seals One (1) grade level loading door (8 x 8 ) There is also an interior 8 w x 10 h roll-up door separating the shipping/receiving area from the loading area Building Layout Main entrance is located centrally in the southern exposure of the building and opens onto a reception/ office area The site benefits from distinct areas easily separating the office/open areas from the warehouse Central corridor provides access to the front area, the kitchen/lunchroom area as well as men s and ladies washroom areas Finishes include mostly exposed ceilings and vents with interior clearance to the joists

4 Site & Building Information Building Systems Electrical service 3-phase, 600 volt, 200 amps on panel and 225 KVA step-down transformer Building includes fire and security alarms Heat/cooling is provided to the building areas by 3 gas fired roof top HVAC units, with central air conditioning tied into the duct work Supplemental heat is provided in the shipping/ receiving area is provided by suspended gas fired forced-air furnace Grade level loading area possesses a drainage basin with a steel grate cover set within the concrete floor Location Located at the intersection of Thurston Drive and Thomas Spratt Place in the Ottawa Business Park, a municipally sponsored office and high end industrial park Minutes from Highway 417 to the east and easy access to Highway 416 in the west via Hunt Club Road Excellent transportation access as well as public transit at the door Utilities (2017) Hydro Natural Gas Water & Sewer $26, $7, $2, Taxes (2017) $35, Zoning IL Light Industrial Legal Description PT LT 2, CON 5RF, PART 1, 2, & 3, 5R12313 ; S/T CT131357,NS27803 OTTAWA/GLOUCESTER PIN:

5 Location Map & Aerial View Approximate, not to scale.

6 Exterior Pictures

7 Interior Pictures

8 Interior Pictures

9 Zoning IL - Light Industrial Zone

10 Zoning IL - Light Industrial Zone (Sec ) Purpose of the Zone The purpose of the IL Light Industrial Zone is to: (1) permit a wide range of low impact light industrial uses, as well as office and office-type uses in a campus-like industrial park setting, in accordance with the Employment Area designation of the Official Plan or, the General Urban Area designation where applicable; (2) allow in certain Employment Areas or General Urban Areas, a variety of complementary uses such as recreational, health and fitness uses and service commercial (e.g. convenience store, personal service business, restaurant, automobile service station and gas bar), occupying small sites on individual pads or in groupings as part of a small plaza, to serve the employees of the Employment or General Urban Area, the general public in the immediate vicinity, and passing traffic; (3) prohibit retail uses in areas designated as Employment Area but allow limited sample and showroom space that is secondary and subordinate to the primary use of buildings for the manufacturing or warehousing of the product; (4) prohibit uses which are likely to generate noise, fumes, odours, or are hazardous or obnoxious; and (5) provide development standards that would ensure compatibility between uses and would minimize the negative impact of the uses on adjacent non-industrial areas In the IL Zone: Permitted Uses (1) The following uses are permitted subject to: (a) the provisions of subsections 203(3) to (6); animal care establishment (By-law ) animal hospital automobile dealership automobile rental establishment broadcasting studio catering establishment day care drive-through facility emergency service heavy equipment and vehicle sales, rental and servicing light industrial uses medical facility municipal service centre office park parking garage parking lot place of assembly post office printing plant production studio research and development centre service and repair shop small batch brewery, see Part 3, Section 89 technology industry training centre truck transport terminal warehouse (2) The following uses are also permitted subject to: (a) the provisions of subsections 203(3) to (6); (b) the cumulative total gross floor area for these uses not exceeding 2,999 m2; (OMB Order #PL080959, issued September 18, 2009) (c) each use not exceeding 300 square metres of gross floor area; and (d) the provisions of subsection 203(2)(c) above not applying to amusement centre, amusement park and recreational and athletic facility; Zone Provisions animal care establishment amusement centre amusement park automobile service station bank bank machine car wash convenience store gas bar instructional facility payday loan establishment (By-law ) personal service business recreational and athletic facility restaurant (3) The zone provisions are set out under Table 203 below. TABLE IL ZONE PROVISIONS

11 Zoning I ZONING MECHANISMS II PROVISIONS (a) Minimum lot area 2,000 m 2 (b) Minimum lot width No minimum (c) Maximum lot coverage 65% (d) Minimum front yard and corner side yard setback 7.5 m (e) Minimum interior side yard setback (i) for uses listed in subsection 203(1) abutting a residential or institutional zone (ii) all other cases 15 m 7.5 m (i) for uses listed in subsection 203(1) abutting a residential or institutional zone 15 m (f) Minimum rear yard setback (ii) abutting hydro or railway right-of-way 3.5 m (iii) all other cases 7.5 m (g) Maximum floor space index 2 (i) within 20 metres of a residential zone 11 m (h) Maximum building height (ii) in all other cases 18 m (i) abutting a residential or institutional zone 3 m; may be reduced to one metre if a 1.4 metre high opaque screen is provided (i) Minimum width of landscaped area (ii) abutting a street 3 m (iii) in all other cases No minimum (4) Accessory display and sales area must be within the same building as the use to which it is accessory and must not exceed 25% of gross floor area. (5) Except in the case of the storage of motor vehicles associated with an automobile dealership and automobile rental establishment, outdoor storage is prohibited. (By-law ) (6) For other applicable provisions, see Part 2 General Provisions, Part 3 Special Use provisions, and Part 4 Parking, Queuing and Loading Provisions.

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