Large Block Of Space & Various Retail Spaces For Lease

Elm Place - 40 ELM ST. SUDBURY ONT

INTRODUCTION:

• Pivotal Commercial Realty is pleased to bring to market approx. 150,000 SF of prime retail space at the Elm Place located in downtown Sudbury, Ontario. 

• The City of Greater Sudbury has seen substantial growth and has become a retail destination for all of Northern Ontario. Located in the downtown core,Elm Place is located right next to Sudbury's main transit hub, the SudburyTransit Centre. 

• Elm Place is next to well known and established tenants such as Pizza Pizza,Subway, LCBO, Tim Hortons, Canada Post, Rexall, TD Bank, National Bank,CIBC, Service Canada Centre, and CBC Radio. 

• Elm Place is one single entity comprising of retail, offices, professional services, fitness, and cinema. There is nearly 1,000 parking stalls available –the most available parking in the downtown core.

• The entire complex comprises more than 1 Million square feet including both 300,000 square feet of retail space and 350,000 square feet of office space. It has become a destination place for downtown commercial and retail activity for the ever growing city of Sudbury.

• The retail portion offers a broad range of retail, food and entertainment needs including retailers such as: Hart Department Store, Designer Depot, Desjardins,  Dollarama, The Marketplace Grocery Store, World Gym, ImagineCinemas, and a food court with excellent, well known retailers.

• The office complex attached to the Elm Place includes: Hatch Enginering, YMCA, CIBC Wood Gundy, Claim secure, NE LHIN, National Bank, and a host of Federal Government Offices.

PROPERTY DETAILS:

• Net Rent: Call Broker
• C.A.M.: $10.00 (2019)
  
• Property Taxes: $2.25 (2020)
  
• Vacancy: Up to 150,000 SF of prime retail available For Lease
  
• Term: Short & Long Term Leasing
• Available: Immediate
  
• Parking: Ample parking available (~1,000 Parking Stalls)
  
• Available suites for big box retail, general retail, government, technology firm, medical/pharmacy, professional services, education, and QSR.
  
• Elm Place has over 45 retail locations, Nine different restaurants, and is also connected to an office complex (350,000 SF) and the Radisson Hotel and Conference Centre with 147 Rooms, Banquet Halls, Convention Centre, Restaurant & Bar, and Swimming Pool.
  
• Retail suites ranging from 150 SF and in excess of  50,000 SF of contiguous space available For Lease.