364 Queen Street West

364 Queen Street West Toronto , Ontario M5V 2A2

364 Queen Street West - Retail for sale

  • Type: Retail
  • Deal type: Sale / Purchase
  • Space Available (ft2): 5,306
  • Price ($CAD): Contact Us

Jones Lang LaSalle Real Estate Services Inc. (“JLL”) is pleased to offer for sale a 100% freehold interest in 364 Queen Street West, Toronto, ON (the “Property”), a premier flagship streetfront retail asset located in the heart of Downtown West. The Property is fully leased to ASICS, a publicly-traded multi-national sportswear company based in Japan. The Property provides an investor with the opportunity to acquire streetfrtont retail on one of Canada’s most high profile high streets, backed by a fantastic tenant covenant, and providing excellent cash flow with a future contractual rental escalation.

- Recently renovated flagship retail space on the most dynamic strip of Queen Street West, one of Canada’s most recognizable high streets
- Long-term lease to ASICS, a publicly-traded multinational sportswear company and one of the world’s most popular sportswear brands, serving customers in more than 100 countries worldwide
Strong existing cashflow with the current lease expiring in 2027, and with a meaningful contractual rental escalation in July 2020 to $100.00 psf net
- Situated in one of the most sought-after locales for young families and urban professionals in Toronto, the immediate area is home to 24 active condominium projects, boasting nearly 8,700 units, in various stages of the construction process


Salient facts:
Gross Building Area: 5,306 SF
Avg. Floor Plate: 2,653 SF
Lot Area: 2,450 SF
Frontage: 28 FT 
Depth: 98 FT 
Year Built: 2006
Zoning: CR 3.0 (c2.0; r2.0)
Official Plan: Mixed Use Area
Heritage Status: Designated Part V (non-contributing)

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