Lasalle Retail Spaces for Sale

Retail Spaces for Sale Within 10 kilometers of Lasalle

GoodLife Windsor Portfolio

Retail for Sale
86,946 SF
2 Retail Properties

Portfolio of properties for Sale

On behalf of GL Windsor Limited Partnership and GL Windsor Inc. (the “Vendor”, “Owner”), CBRE Limited (the “Advisor”) is pleased to offer for sale a 100% freehold interest in 3920 Dougall Avenue located in Windsor, Ontario and 13275 Tecumseh Road East located in Tecumseh, Ontario (the “Properties”). Comprising 85,434 SF of total rentable area, these freestanding retail properties are uniquely situated in two of Windsor-Essex County’s most affluent and desirable communities of South Windsor and Tecumseh. At 100% occupancy, the Properties are dominated by a long term tenancy with Goodlife Fitness Centres Inc. at 75.6% of the total Year 1 Base Rent and 90% of the total Net Rentable Area. Goodlife Fitness has a further options to renew solidifying the long term nature of the tenancy to the respective communities. As Canada’s largest fitness company and the 6th largest in the world, Goodlife Fitness provides an exceptional credit covenant. Landlord friendly, long term leases solidify the critical importance of these core locations to the community and Goodlife as some of their most successful locations in Canada.