Description

Lease Rate: $9.00 Net PSF + $4.31 CAM & Tax (2020)

Lease Rate:  $15.50 Net + $5.00 CAM & Tax (Utilities not included) 

Available Space:  2,215 SF  |  Unit 2 

Property Details

• Multi-tenant Flex Space Industrial
• Clear warehouse ceiling height between 16.5’ – 17.5’
• Two grade loading doors (drive-thru)
• Suspended Natural Gas Fired heating
• 100 Amp / 3 Phase Power
• 28′ wide paved driveway access from Bluewater Road
• ILI – Light Industrial Zone

Location

The subject property is located at 385 Bluewater Road on a cul-de-sac near the Kearney Lake Road and the south side of the Atlantic Acres Business Park. The property is part of a new 15 acre phased privately owned business park.

The Atlantic Acres Business Park is one of the main industrial parks of HRM and stretches from the Kearney Lake Road to the Hammonds Plains Road, and is in close proximity to two major roads that lead to the Highway 102. The Highway 102 intersects with other major highways that lead to the South Shore, the Annapolis Valley, the Halifax Airport and New Brunswick via Truro. The park is now mostly developed with limited opportunities for future expansion Atlantic Acres is 8 kilometres from the Port of Halifax, and 25 kilometres from the Halifax International Airport. While the majority of properties in Atlantic Acres are Industrial in nature, the surrounding areas of Bedford and Hammonds Plains continue to expand in residential population, and business development. The Parks of West Bedford (Clayton Developments / Cresco Homes) is the largest, most comprehensive and most successful planned community in Atlantic Canada. The project is just starting the fifth year of an anticipated 25 year build out that will see 18,000 to 20,000 people living in a 1,300 acre master planned mixed use, mixed density project.

The Armour Group recently acquired and announced a $200M redevelopment of the former RIM site to include 7 new office buildings with 1 million square feet of commercial space on a 20 hectare site targeting the high tech office sector. The RIM building is fully occupied with IBM and Bell Aliant. A new 7 storey 120,000 SF suburban Class A office called EON place construction completed end of 2015.