75 Prince William St
Saint John, NB
75 Prince William is the premiere centre for professionals spanning approximately 35,000 square feet, located in the commercial heart of uptown Saint John on Prince William Street. Enjoy stunning views of the harbour and the city. Strategically located steps from the internal pedway system and the $300M+ development of the Fundy Quay.
Overview Video
Due Diligence
Offering Memorandum
Executive Summary
Location & Market
Rent Roll
Financial Targets
“Targeted” refers to a goal which may or may not be attained based on a variety of assumptions which may or may not be realized. Securities are only available to verified accredited investors who can bear the loss of their investment. Please contact R2 Capital for an explanation of how such numbers are calculated. Cash Distributions and any specific returns are not guaranteed.
Media
Location
Why Saint John, NB?
Our property at 75 Prince William Street is perfectly positioned to capitalize on the rapid growth and revitalization occurring in Uptown Saint John. Located in the heart of this vibrant district, the property is adjacent to the transformative $300 million Fundy Quay development, which is set to become a thriving hub for living, shopping, and working.
Fundy Quay is a cornerstone of Uptown Saint John’s rejuvenation. This ambitious project includes a mix of residential, commercial, and recreational spaces that will attract a diverse group of residents and visitors. Highlights include scenic walkways providing access to the waterfront, a vibrant shipping container village with pop-up shops and eateries, and a range of amenities designed to enhance the urban experience. These features are set to make Uptown Saint John a highly desirable destination for both businesses and residents, creating a dynamic environment around 75 Prince William Street.
Saint John’s population has grown by approximately 6% over the past five years, reflecting the city’s increasing appeal. The average income in the area has also seen a rise, driven by the influx of new residents and businesses. Contributing to this growth is the city’s affordable lifestyle, which is attracting many new residents, particularly those fleeing larger, more expensive cities like Toronto. In Saint John, it’s possible to live in a four-bedroom house with a pool and ocean view for less than half the price of a one-bedroom condo in Toronto, making it an attractive option for those seeking a higher quality of life at a lower cost.
Additionally, improvements in connectivity have further enhanced Saint John’s growth prospects. The expansion of flight routes at the Saint John Airport (YSJ), including new direct flights to major Canadian cities like Toronto and Montreal, has made the region more accessible and attractive to both business and leisure travelers.
By investing in 75 Prince William Street, you position yourself at the forefront of Uptown Saint John’s expansion. This property is set to benefit significantly from the continued influx of people, rising income levels, and businesses attracted by the revitalized waterfront and broader development initiatives. Its strategic location ensures strong tenant demand and long-term value appreciation, making it an exceptional investment opportunity.
Why Invest In Office?
75 Prince William St
Saint John, NB
75 Prince William is the premiere centre for professionals spanning approximately 35,033 square feet, located in the commercial heart of uptown Saint John on Prince William Street.
Enjoy stunning views of the harbour and the city. Strategically located steps from the internal pedway system and the $300M+ development of the Fundy Quay.
We’ve partnered with Addy Invest to facilitate the offering and have also engaged with Equivesto Canada as our Exempt Market Dealer (EMD).
When signing up to invest on Addy, be sure to use our referral code "R2Capital" to receive a free one-year paid membership on their platform! While the paid membership isn’t required to invest, it offers additional perks!
Offering Partners
Overview Video
Due Diligence
Financial Targets
$4M
Purchase Price
8 Year
Targeted Hold
9-11%
Targeted Cash-on-Cash Return
14-16%
Targeted IRR
2.5x
Targeted Equity Multiple
“Targeted” refers to a goal which may or may not be attained based on a variety of assumptions which may or may not be realized. Securities are only available to verified accredited investors who can bear the loss of their investment. Please contact R2 Capital for an explanation of how such numbers are calculated. Cash Distributions and any specific returns are not guaranteed.
Investment Highlights
Dominant Well-located Commercial Centre
Invest in 75 Prince William St., a prime 35,033-square-foot commercial property in the heart of Uptown Saint John, offering stunning harbor views and strong, immediate cash flow. R2 Capital Partners has secured 100% occupancy, with a solid tenant mix that includes government agencies, national brands and a data centre.
With over $430,000 invested in improvements and a strategic location next to the $300 million Fundy Quay development, this property is poised for long-term success. Join us with a minimum investment of just $1 or as high as $10,000, and become an equity owner in this stabilized, cash-flowing asset, benefiting from built-in equity from day one.
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High yield, immeidate cash-on-cash targets of 9%+
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Targeted total return on investment of 164%
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Stabilized cash flowing asset with 100% occupancy
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Immediate monthly distributions, and offers a strong IRR
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Strong tenant base including Government and a data centre
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Weighted average lease length of 4.7 years (WALT)
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Built by the Bank of Canada, no expense spared
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Premium location in the heart of Uptown
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Adjacent to Fundy Quay $300M+ waterfront development
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Saint John, NB, is a city on the rise with strong population and income growth
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Onsite covered and electrified parking stalls
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Ocean views and high walkability for amenities, restaurants and public transit
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Over $430k invested in improvements by current management
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Management has achieved 100% occupancy despite the effects of COVID, and office market, attesting to their ability, and the superior location of the building
Media
Location
R2 Capital Partners Inc
$65M+
Assets Under Management
10+
States/Provinces
30+
Assets Held
$20M+
Investor Capital Raised
400K+
Gross Leasable Area (CRE)
25+ Years
Combined Experiance
All amounts are as of of 6.26.2024
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This is provided for informational purposes only and is not a solicitation of investment. This information may contain forward looking statements that cannot be verified or guaranteed. All investments carry risk, and investors should review all materials including the offering document before proceeding. This offering is open to Canadian residents in eligible provinces only. All investors subject to suitability and eligibility screening by Equivesto Canada Inc. This offering is made available via NI45-110 Crowdfunding via the addy Invest portal operated by Exempt Market Dealer Equivesto Canada Inc. Please review the offering page addyinvest.ca for more information about this investment and its related risks.
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Targeted Net IRR is defined as the annualized, compound rate of return using equity contributions and distributions as they occurred on specific dates during the investment period. Net IRR is reflective of all fees charged and paid to R2 Capital and its affiliates and subsidiaries. “Targeted” refers to a goal which may or may not be attained based on a variety of assumptions which may or may not be realized. Securities are only available to verified accredited investors who can bear the loss of their investment. Please contact R2 Capital for an explanation of how such numbers are calculated.
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Targeted Net Equity Multiple is the total distributions and remittances to equity investors divided by the total equity contributions from investors during the investment period. Targeted Net Equity Multiple is reflective of all fees charged and paid to R2 Capital and its affiliates and subsidiaries. “Targeted” refers to a goal which may or may not be attained based on a variety of assumptions which may or may not be realized.
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Targeted Average Cash-on-Cash is targeted annual cash flow return on invested equity over the projected hold period. All projected Cash-on-Cash returns are reflective of all fees charged and paid to First National Realty Partners and its affiliates and subsidiaries. Cash distributions and any specific returns are not guaranteed. “Targeted” refers to a goal which may or may not be attained based on a variety of assumptions which may or may not be realized.
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Past performance may not be indicative of future results. An investment in commercial real estate is speculative and subject to risk, and there can be no assurance that the future performance of any specific investment, investment strategy or selection of a specific property as referenced in the information herein, will be profitable, equal any corresponding indicated historical performance level(s) or be suitable for your needs. Due to various factors, including changing market conditions, this content may not be reflective of current opinions or positions.
NOTE: Cash distributions and any specific returns are not guaranteed. An investment in commercial real estate is subject to risk, including the risk that all of your investment may be lost. Any representations concerning investing in commercial real estate, including, without limitation, any representations as to stability, diversification, security, resistance to inflation and any other representations as to the merits of investing in commercial real estate reflect our belief concerning the representations and may or may not come to be realized. The ability to make distributions or the amount of distributions may be affected by factors such as debt and lender restrictions, future capital expenditure needs, and financial performance of the property.
This webpage is not intended to be, nor should it be construed or used as, an offer to sell, or a solicitation of an offer to buy any securities, which offer may be made only at the time a qualified offeree receives a current Confidential Offering Memorandum relating to a proposed investment opportunity.
As of 6.26.2024