Colliers International is pleased to offer For Sale a freestanding, single Tenant Shoppers Drug Mart totaling 27,375 SF and located along one of the major thoroughfares in Stratford seeing high daily traffic. With over 1,300 location in Canada, and backed by parent company Loblaw Companies, Shoppers Drug Mart is the dominant Canadian pharmacy retailer with recent annual sales above $17B in 2023. The asset is secured by a long term, carefree net lease providing for a stable income stream and minimal management required by the Landlord. Investors have the ability to purchase an asset with a great location, exceptional covenant Tenant, and long term income security. |
Price | $11,750,000 |
Taxes: | $126439.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 511 Huron Stre , Stratford, N5A 5T8, Perth |
Postal Code: | N5A 5T8 |
Province/State: | Perth |
Legal Description: | CON 1 PT LOT 5 RP 44R3766 PART 2 |
Directions/Cross Streets: | Huron Street & Matilda Street |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Retail |
Building Percentage: | T |
Total Area: | 27375.00 |
Total Area Code: | Square Feet |
Office/Appartment Area: | 10000 |
Office/Appartment Area Code: | Sq Ft |
Retail Area Code: | Sq Ft |
Sprinklers: | Yes |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | Yes |
Sewers: | Sanitary+Storm |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
COLLIERS |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Perth |
Municipality: | Stratford |
Neighbourhood: | Stratford |
Tax: | $126,439 |
Fireplace: | N |