30 Ontario Street, Trenton, ON_Property for Sale

30 Ontario Street, Quinte West, ON, K8V 5S9, CA

30 Ontario Street, Trenton, ON

Asset Description

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 to a FreshCo in 2014 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.

The Property 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 vehicular and, unofficially, casual boater traffic as well. 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, an amalgamated municipality 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 established 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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Attributes

Building area net

2,556 m²

Occupancy

100%

Year built

2005

Media

Investment Highlights

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 (with occasional boat traffic anchored next to the store making grocery runs also).
Located next 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.
The Property features a new energy efficient TPO roof with a 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 to a FreshCo in 2014, 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.