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8409 Simcoe County Rd 8,122 SF 100% Leased Retail Building Washago, ON L0K 2B0 $4,175,000 CAD ($514.04 CAD/SF)
Investment Highlights
- Modern 8,031 SF freestanding LCBO building constructed in 2012 on 1.82 acres.
- Excess land provides opportunity for future development or site expansion.
- Strategic location at Highway 11 and County Road 169, offering direct access to Muskoka and the Greater Toronto Area.
- Exposure to substantial seasonal traffic flows serving the cottage and tourism economy.
Executive Summary
Lennard Commercial Realty, Brokerage (the "Advisor") has been retained by the Vendor to offer for sale a 100% freehold interest in a single tenant retail property located at 8409 County Road 169, Washago, ON (the "Property"). The Property is fully leased to LCBO and consists of an 8,031 SF freestanding building constructed in 2012 and situated on a prominent 1.82 acre parcel. Located at the convergence of two of Ontario's primary cottage country travel corridors (Hwy 11 and County Road 169), the Property serves a broad regional trade area while capturing substantial traffic travelling between the Greater Toronto Area and the province's renowned cottage and recreational markets.
The Property is leased under a long-term corporate net lease with approximately six years of remaining lease term, providing predictable cash flow backed by the LCBO, a Crown corporation of the Province of Ontario. The net lease structure offers passive ownership with limited management responsibilities and provides investors with a stable income stream from one of the province's strongest retail covenants.
The Property's strategic location supports a trade area extending well beyond the surrounding community, benefiting from thousands of commuters travelling to and
from cottages and recreational destinations throughout Muskoka, Lake Simcoe, Lake Couchiching, the Severn River corridor and the greater Orillia area. With average daily
traffic volume exceeding 40,000 vehicles, the Property is well positioned as a strategic retail destination along one of Ontario's busiest recreational corridors.
In addition to the in-place income, the 1.82-acre site also includes excess land providing an opportunity for future site intensification while continuing to benefit from the existing income stream.
The Property is leased under a long-term corporate net lease with approximately six years of remaining lease term, providing predictable cash flow backed by the LCBO, a Crown corporation of the Province of Ontario. The net lease structure offers passive ownership with limited management responsibilities and provides investors with a stable income stream from one of the province's strongest retail covenants.
The Property's strategic location supports a trade area extending well beyond the surrounding community, benefiting from thousands of commuters travelling to and
from cottages and recreational destinations throughout Muskoka, Lake Simcoe, Lake Couchiching, the Severn River corridor and the greater Orillia area. With average daily
traffic volume exceeding 40,000 vehicles, the Property is well positioned as a strategic retail destination along one of Ontario's busiest recreational corridors.
In addition to the in-place income, the 1.82-acre site also includes excess land providing an opportunity for future site intensification while continuing to benefit from the existing income stream.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,122 SF
Year Built
1990
Price
$4,175,000 CAD
Price Per SF
$514.04 CAD
Percent Leased
100%
Building Height
1 Story
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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8409 Simcoe County Rd
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