Food Anchored Retail Investment
FOR SALE
Food Anchored Retail Investment BRENDALE SQUARE, HUNTSVILLE, ONTARIO
RETAIL INVESTMENT TEAM DAVID WILLIAMS* Senior Vice President +1 416 643 3753 [email protected]
YASH KUMAR Sales Representative +1 416 791 7243 [email protected]
FOR SALE
3 > Location Overview
Food Anchored Retail Investment 3 > Location Overview
BRENDALE SQUARE, HUNTSVILLE, ONTARIO
inc.
d.
on
Property
anchor Tenants
owner
Date of last sale
subject Property
FreshCo., home hardware
equitable Trust
2006
1
55 King William st.
shoppers Drug mart
Beswick Properties inc.
2008
2
60-66 King William st.
Crabby Joe’s, subway
alan Peters holdings inc.
1987
3
huntsville Place mall
metro
effort Trust Company
1986
4
Freestanding Canadian Tire
-
Canadian Tire Corporation limited
n/a (1991)
5
91 King William st.
lCBo, staples, Bmo
loblaw Properties limited
n/a (1995)
6
Freestanding home Depot
-
home Depot holdings inc.
n/a (2005)
7
Freestanding independent Grocer
-
loblaw Properties limited
n/a (2003)
8
smartCentres huntsville
Walmart
Calloway reiT
2005
Property anchor Tenants Location & Property Highlights subject Property FreshCo., home hardware 1
> > > > >
55 King William st.
shoppers Drug mart
2Property 60-66 King William st. strategically
Crabby Joe’s, subway the historic downtown
8
Walmart
source: bing.com
source: bing.com
owner
Date of last sale
equitable Trust
2006
Beswick Properties inc.
2008
1987 located within 3 huntsville Place mall metro effort Trust Company 1986 Fully upgraded food store tenant, FreshCo., representing the only large format grocery store in downtown Huntsville 4 Freestanding Canadian Tire Canadian Tire Corporation limited n/a (1991) extension with Home Hardware 5New 91 lease King William st. lCBo, staples, Bmo loblaw Properties limited n/a (1995) Property is developed on a grade with walkout second floor commercial/office space 6 Freestanding home Depot home Depot holdings inc. n/a (2005) 7Significant Freestanding independent Grocer loblaw Properties limited n/a (2003) upside through vacancy lease up smartCentres huntsville
alan Peters holdings inc. Huntsville
Calloway reiT
2005
FOR SALE
Food Anchored Retail Investment BRENDALE SQUARE, HUNTSVILLE, ONTARIO
The Opportunity Colliers International is pleased to present the opportunity to purchase a quality retail investment property located at 15 Manominee Street, Huntsville, Ontario > > > >
75,451 square foot shopping centre situated on approximately 3 acres FreshCo. anchored centre catering to downtown Huntsville and the cottage community Full rebranding of FreshCo. completed in 2012 New roof replacement in 2008
Offering > $7,800,000
> 7.63% capitalization rate on stabilized NOI
> $103 PSF
> 92% of income generated by 3 national tenants
Property Features Site Area
> 3.05 acres
Gross Leasable Area
> 75,451 SF
Zoning
> C2- General Commercial
Number of Tenants
> 6
Occupancy
> 92%
Year 1 NOI (In Place)
> $557,359
Year 1 NOI (Stabilized)
> $595,107
Anchor Tenant
> FreshCo. > Home Hardware
Food Anchored Retail Investment BRENDALE SQUARE, HUNTSVILLE, ONTARIO
RETAIL INVESTMENT TEAM DAVID WILLIAMS* Senior Vice President +1 416 643 3753 [email protected]
YASH KUMAR Sales Representative +1 416 791 7243 [email protected]
FOR SALE
3 > Location Overview
Food Anchored Retail Investment 3 > Location Overview
BRENDALE SQUARE, HUNTSVILLE, ONTARIO
inc.
d.
on
Property
anchor Tenants
owner
Date of last sale
subject Property
FreshCo., home hardware
equitable Trust
2006
1
55 King William st.
shoppers Drug mart
Beswick Properties inc.
2008
2
60-66 King William st.
Crabby Joe’s, subway
alan Peters holdings inc.
1987
3
huntsville Place mall
metro
effort Trust Company
1986
4
Freestanding Canadian Tire
-
Canadian Tire Corporation limited
n/a (1991)
5
91 King William st.
lCBo, staples, Bmo
loblaw Properties limited
n/a (1995)
6
Freestanding home Depot
-
home Depot holdings inc.
n/a (2005)
7
Freestanding independent Grocer
-
loblaw Properties limited
n/a (2003)
8
smartCentres huntsville
Walmart
Calloway reiT
2005
Property anchor Tenants Location & Property Highlights subject Property FreshCo., home hardware 1
> > > > >
55 King William st.
shoppers Drug mart
2Property 60-66 King William st. strategically
Crabby Joe’s, subway the historic downtown
8
Walmart
source: bing.com
source: bing.com
owner
Date of last sale
equitable Trust
2006
Beswick Properties inc.
2008
1987 located within 3 huntsville Place mall metro effort Trust Company 1986 Fully upgraded food store tenant, FreshCo., representing the only large format grocery store in downtown Huntsville 4 Freestanding Canadian Tire Canadian Tire Corporation limited n/a (1991) extension with Home Hardware 5New 91 lease King William st. lCBo, staples, Bmo loblaw Properties limited n/a (1995) Property is developed on a grade with walkout second floor commercial/office space 6 Freestanding home Depot home Depot holdings inc. n/a (2005) 7Significant Freestanding independent Grocer loblaw Properties limited n/a (2003) upside through vacancy lease up smartCentres huntsville
alan Peters holdings inc. Huntsville
Calloway reiT
2005
FOR SALE
Food Anchored Retail Investment BRENDALE SQUARE, HUNTSVILLE, ONTARIO
The Opportunity Colliers International is pleased to present the opportunity to purchase a quality retail investment property located at 15 Manominee Street, Huntsville, Ontario > > > >
75,451 square foot shopping centre situated on approximately 3 acres FreshCo. anchored centre catering to downtown Huntsville and the cottage community Full rebranding of FreshCo. completed in 2012 New roof replacement in 2008
Offering > $7,800,000
> 7.63% capitalization rate on stabilized NOI
> $103 PSF
> 92% of income generated by 3 national tenants
Property Features Site Area
> 3.05 acres
Gross Leasable Area
> 75,451 SF
Zoning
> C2- General Commercial
Number of Tenants
> 6
Occupancy
> 92%
Year 1 NOI (In Place)
> $557,359
Year 1 NOI (Stabilized)
> $595,107
Anchor Tenant
> FreshCo. > Home Hardware
