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590 Riverbend Dr

104,750 SF 100% Leased Office Building Kitchener, ON N2K 3S2 For Sale

Investment Highlights

  • High exposure location
  • Natural light exposure
  • Heavy commercialized area

Executive Summary

Cushman & Wakefield is pleased to offer for sale the 100% freehold interest in 590 Riverbend Drive, Kitchener, a 104,750 SF office building of institutional quality with significant parking component (5.13 stalls per 1,000 SF). 590 Riverbend offers attractive curb appeal, efficient floor plates, onsite amenities, 324 stall parking garage and signage exposure on Highway 85/7. Recent capital improvements include cafeteria renovation, roof replacement, RTU replacements, washroom renovations and LED lighting upgrade throughout.

590 Riverbend benefits from its strategic location on the outskirts of Downtown Kitchener and Uptown Waterloo, providing immediate access to Highways 85, 7/8 and 401. Excellent opportunity for occupiers to locate their headquarters in the growing Waterloo Region, one of Canada’s most desirable places to live and work.
https://lnkd.in/gycBgdHB

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
104,750 SF
Building Class
C
Year Built
2001
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
20,950 SF
Slab To Slab
10’
Building FAR
0.70
Land Acres
3.46 AC
Zoning
EMP-5
  • Listing ID: 30672605

  • Date on Market: 1/16/2024

  • Last Updated:

  • Address: 590 Riverbend Dr, Kitchener, ON N2K 3S2

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