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
[email protected]
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
[email protected]
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
[email protected]
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
[email protected]
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
[email protected]
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
[email protected]
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
[email protected]
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.)