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More details for 2437 Central Ave, Windsor, ON - Retail for Sale

Fit4Less - 2437 Central Ave

Windsor, ON N8W 4J4

Retail for Sale
$2,800,000 CAD
32,280 SF

Windsor Retail for Sale

Lennard Commercial Realty, Brokerage (the “Advisor”) has been retained on an exclusive basis to offer for sale a 100% freehold interest in a freestanding commercial property located at 2437 Central Avenue, Windsor, ON (the “Property”). The Property comprises 32,280 SF on 2.3 acres and is primarily leased to Fit4Less, a corporate banner of GoodLife Fitness, Canada’s largest health club operator with over 450 locations nationwide. Fit4Less has operated at the site since 2014, providing a long-standing and stable presence within the community. A complementary chiropractic clinic occupies a smaller portion of the building, further enhancing the health and wellness profile of the asset. Strategically located adjacent to the Stellantis Windsor Assembly Plant, which employs over 4,200 workers, the Property also benefits from the surrounding concentration of industrial and manufacturing employers. This broader employment base provides a large pool of “blue collar” employees that align well with Fit4Less’ target demographic. The site is easily accessible and well-positioned near Tecumseh Road East, a major east-west corridor in Windsor. With in-place rents at just $5.55 PSF, the Property offers significant future rental upside. Zoning is flexible, permitting a wide range of retail, industrial, and storage uses, while pricing at approximately $87 PSF is well below replacement cost. This offering represents a unique opportunity to acquire a stabilized, necessity-based fitness asset with a strong corporate covenant, excellent underlying real estate fundamentals, and long-term growth potential.