5995 Avebury Road

5995 Avebury Road, Mississauga, ON, L5R 3P9, CA

Asset Description

Jones Lang LaSalle Real Estate Services, Inc. ("JLL" or the "Advisor") is pleased to present a 100% freehold interest in 5995 Avebury Road, Mississauga (the "Property"). Located on a 6.9-acre corner lot in the Heartland Business District, at the intersection of Britannia Road and Hurontario Street, this nine-storey office building offers 146,077 sf of class 'A' office space with excellent highway and transit access. Under a long history of institutional management, the Property boasts LEED Gold, WiredScore Gold, and BOMA BEST certifications. Currently 94% leased to a diverse tenant roster, anchored by Finastra, the Property provides a 5.8-year weighted average remaining lease term with in-place rents that are below market, offering stable income with future rental upside opportunities.

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Attributes

Building area gross

13,631 m²

Occupancy

94%

Year built

1990

WAULT

5.8 years

Media

Investment Highlights

Institutionally managed Class 'A' office with LEED Gold and BOMA Best certifications
Prime location proximate to future Hazel McCallion LRT and major 400-series highways
Modern amenities including conference center and tenant lounge with ample on-site parking
Exceptional occupancy at 94%, with strong 5.8-year W.A.L.T. across nine diverse tenants
Significant rental upside potential with rents positioned approximately 14% below market
Strategically located within Heartland submarket, which outperforms broader GTA West region