Saugeen Shores Shopping Centre, Port Elgin, ON
1110 Goderich Street, Port Elgin, ON, N0H 2C3, CA
6 919 mètres carrés
Description de l'actif
JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in 30 Ontario Street (the “Property”), a freestanding grocery store situated on 4.42 acres in Trenton, Ontario. The Property is improved with one freestanding commercial building comprised of 27,515 SF which is fully leased to FreshCo, a successful Sobeys owned banner with locations across the country. Originally a Price Chopper, this store has been in operation since 1998 and was converted by Sobeys in 2014 to FreshCo, as part of a national rebranding strategy. FreshCo has term until 2028 with 3 x 5 year options to renew thereafter (at fair market, no less than the immediately preceding rate). The Property also features a new energy efficient TPO (thermoplastic polyolefin) roof that was installed in 2024, enhancing its long-term value and reducing maintenance concerns for a new owner.
It is located in the heart of Trenton, along the Trent River and approximately 300 metres east of Trenton’s downtown core. The location offers exceptional accessibility, accommodating both vehicular and marine transportation. 30 Ontario Street features on-site docking facilities along the Trent River, enhancing its appeal to consumers seeking diverse transportation options. Trenton is the main population centre in Quinte West, a city located on Highway 401, providing easy access to major markets in Ontario and the United States. There is an abundance of national retailers in the immediate area drawing consumers from across the region. The site is also in close proximity to densely populated residential neighbourhoods with over 22,400 residents living within a 3 km radius.
Interested parties will be required to execute and submit the Confidentiality Agreement prior to receiving detailed information about the Property: https://hello.jll.com/30OntarioStreetTrentonON
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Attributs
Superficie du bâtiment nette
2 556 mètres carrés
Occupation
100 %
Année de construction
2005
Média
Points forts de l'investissement
Prime Location & Accessibility:
• The Property is situated in Trenton’s south-central district, only 300 metres from the downtown core and adjacent to the Trent River, offering exceptional accessibility for both vehicular and marine transportation, including on-site docking facilities.
• Located close to Highway 401, Trenton provides convenient access to major Ontario and U.S. markets, facilitating potential business growth and increased consumer traffic.
• The site benefits from excellent visibility along Dundas Street East (Highway 2), a major arterial route, enhancing its accessibility to neighbouring municipalities like Belleville and Coburg.
Strong Financials:
• The Property is fully leased to FreshCo, a successful Sobeys owned banner with locations across the country. The Tenant has term until 2028 with 3 x 5 renewal options thereafter, offering secure future cash flow for investors.
• The Property features a new energy efficient TPO roof with 20-year warranty that was installed in 2024, enhancing its long-term value and reducing maintenance concerns for potential investors.
• Originally a Price Chopper, this store has been in operation since 1998 and was converted by Sobeys in 2014 to FreshCo, as part of a national rebranding strategy.
Appealing Demographic:
• With over 22,400 residents within a 3 km radius and 28,287 within a 5 km radius, the Property draws from a sizable local population, driving consistent consumer demand.
• Trenton is home to Canada’s largest Air Force Base (CFB Trenton), with approximately 3,300 regular forces, 400 reserve forces, and 500 civilian members who make up the workforce and drive the local economy. In 2024, the Department of National Defence announced plans to invest $850 million in CFB Trenton’s infrastructure.
• Trenton is the primary population centre of Quinte West and benefits from access to a substantial workforce, with approximately 110,000 individuals residing within a 45-minute commute.
Contactez les courtiers
30 Ontario Street, Trenton, ON (0 Propriétés)
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Dernière mise à jour
28 janv. 2025
