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INVESTMENT HIGHLIGHTS
- Prime Auburn Retail Corridor
- High Visibility & Traffic Counts
- Upside Potential
- Ample On-Site Parking
EXECUTIVE SUMMARY
We are pleased to offer this excellent retail investment asset, located in Auburn’s busiest retail corridor. The Center Street Plaza is a 57,842± SF multi-tenant retail center with a great tenant mix and many with long-term leases in place. The property has upside potential with several below market rents. Additionally, there is potential for a high visibility pad-site. Location offers excellent visibility and high traffic counts of 23,950 cars/day.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
57,842 SF
Building Class
C
Year Built
1952
Price
$8,654,704 CAD
Price Per SF
$149.63 CAD
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
5.80 AC
Zoning
GB
Parking
150 Spaces (2.59 Spaces per 1,000 SF Leased)
Frontage
401’ on Center St
AMENITIES
- Pylon Sign
- Signalized Intersection
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | AUBN-000251-000000-000011 | Improvements Assessment | $3,332,330 CAD |
| Land Assessment | $1,153,375 CAD | Total Assessment | $4,485,705 CAD |
PROPERTY TAXES
Parcel Number
AUBN-000251-000000-000011
Land Assessment
$1,153,375 CAD
Improvements Assessment
$3,332,330 CAD
Total Assessment
$4,485,705 CAD
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120 Center St
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