Share This Listing

Message

954 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

Anchoring Success: Shoppers Drug Mart and Co-op's Strategic Positioning. In the bustling world of retail,
location is everything. It's the difference between being a fleeting thought and a daily necessity for consumers.
Two businesses that have mastered this art are Shoppers Drug Mart and Co-op, both of which have
strategically positioned themselves to maximize exposure and daily traffic from a mix of strong national and
local tenants. Anchored by Shoppers Drug Mart, a leading drug store chain in Canada, the retail landscape is
transformed into a hub of activity. Shoppers Drug Mart's reputation for providing high-quality products and
services attracts a steady stream of customers, creating an environment ripe for other businesses to thrive.
The store's presence acts as an anchor, drawing in consumers and indirectly benefiting surrounding
businesses by increasing foot traffic and visibility. Shadow-anchored by Co-op, another retail giant known for
its wide range of products and commitment to community values, the area benefits from an additional layer of
consumer attraction. Co-op's diverse offerings cater to a broad customer base, ensuring a constant flow of
potential customers. This shadow-anchoring effect further enhances the appeal of the area, making it a hot
spot for both local and national tenants. The strategic positioning doesn't stop there. Nestled next to the Big
Marble Go Centre, an entertainment hub that attracts families and individuals seeking fun and relaxation, the
area becomes even more appealing. The Go Centre serves as a significant draw for people who might not
otherwise visit the area, providing another source of potential customers for businesses. The combination of
these three entities - Shoppers Drug Mart, Co-op, and Big Marble Go Centre - creates a synergy that amplifies
their individual strengths. The result is excellent exposure and daily traffic from a diverse mix of consumers.
This strategic positioning allows businesses in the area to capitalize on the constant flow of potential
customers. In conclusion, the success of this retail area is no accident. It's the result of careful planning and
strategic positioning, anchored by Shoppers Drug Mart and shadow-anchored by Co-op, with the added
attraction of the Big Marble Go Centre. This combination creates a dynamic retail environment that benefits all
businesses in the area, making it an ideal location for both national and local tenants.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
7,500 SF
Building Class
B
Year Built
2009
Price
$15,250,000 CAD
Price Per SF
$2,033.33 CAD
Cap Rate
6.77%
NOI
$1,032,425 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.29 AC
Zoning
MU - Mixed Use District
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

Tim Hortons
CIBC
  • Listing ID: 41730619

  • Date on Market: 2026-08-13

  • Last Updated:

  • Address: 2430-2440 Division Av NW, Medicine Hat, AB T1A 0C3

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}