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17524 Highway 2 - Trenton West Centre 9.6 Acres of Commercial Land Offered at $5,900,000 CAD in Quinte West, ON K8V 6M2
INVESTMENT HIGHLIGHTS
- Directly across from Walmart Supercentre (fully leased) with municipal site plan
- Severance has been approved to separate the front 5.5 acres fronting Hwy 2 from the remaining southern portion
- Ready to sign formal leases directly with new owner for store openings in 2024 & 2025 as part of this brand new 45,000 SF retail plaza.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $5,900,000 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 9.60 AC |
| Property Type | Land | ||
| Zoning | Cr - Commercial | ||
| Price | $5,900,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 9.60 AC |
| Zoning | Cr - Commercial |
1 LOT AVAILABLE
Lot
| Price | $5,900,000 CAD | Lot Size | 9.60 AC |
| Price Per AC | $614,583.33 CAD |
| Price | $5,900,000 CAD |
| Price Per AC | $614,583.33 CAD |
| Lot Size | 9.60 AC |
9.6 acres of development land for sale (and/or for lease) directly across from Walmart Supercentre (fully leased) with municipal site plan approval obtained for 45,000 SF retail development. Severance approved should smaller 5.4AC portion be desired
DESCRIPTION
9.6 acres of development land for sale (and/or for lease) directly across from Walmart Supercenter (fully leased) with municipal site plan approval obtained & many (8+) AAA retail brands in place who have agreed to lease terms & are ready to sign formal leases directly with new owner for store openings in 2024 & 2025 as part of this brand new 45,000 SF retail plaza including 4 coveted drive-thru buildings (all leased). Severance has been approved to separate the front 5.486 acres fronting Hwy 2 from the remaining southern portion as per attached PDF. A confidentiality agreement must be signed before the tenants/financial terms of leases can be shared, followed by a data room with all due diligence items including enviro/geotechnical reports etc. The Seller would also consider a joint venture to work with another developer to construct this center. Serious inquiries only-no sale assignments please.
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17524 Highway 2 - Trenton West Centre
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