Log In/Sign Up
Your email has been sent.
Tri-City Plaza 150 Holiday Inn Dr 171,815 SF 100% Leased Retail Building Cambridge, ON N2C 0A1 For Sale
INVESTMENT HIGHLIGHTS
- High profile location of Hespeler Road & Highway 401
- Perfectly suited within an expansive & Accessible trade area
- Anchored by a large Zehrs supermarket with major tenants such as SAIL Outdoors, Crunch Fitness, Treasure Hunt & Dollarama
EXECUTIVE SUMMARY
Tri-City Plaza presents a rare opportunity for an investor to purchase a grocery shadow-anchored shopping centre in a prime retail node in the growing Cambridge market. The property is currently 99% leased with a weighted average lease term (WALT) of 6.5 years remaining and an average in-place base of $15.08 PSF. The rapid increase in retail rents and high replacement costs provide for strong call flow growth. There is favourable in-place debt, which could also help leverage returns for investors. Please refer to the brochure for further details!
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
171,815 SF
Building Class
B
Year Built
2014
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.21
Lot Size
19.00 AC
Zoning
CS3 - Community Shopping Centre
Parking
1,034 Spaces (6.02 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Company Not Provided
Tri-City Plaza | 150 Holiday Inn Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.