The Mews of Carleton Place, Carleton Place, ON
110 Lansdowne Avenue, Carleton Place, ON, K7C 2T7, CA
82,905 sf
Attributes
Building area net
40,000 sf
Occupancy
100%
Year built
1964
Land area gross
2.19 acres
WALT
3.52 years
Frontage (Kennedy)
178 Ft
Frontage (Rambler)
368 Ft
Description
The JLL Private Capital Group (“JLL”) is pleased to present the opportunity to acquire a 100% freehold interest in 30 Rambler Drive (the “Property” or “Site”), a fully occupied, multi-tenant retail plaza totaling 39,304 square feet (“SF”) of leasable area on a 2.19 acre (“AC”) land parcel in Brampton, Ontario.
The plaza is demised into 19 right-sized units that are occupied by a diverse and defensive tenant mix spanning quick-service restaurant, healthcare, furniture, and service-oriented businesses with a weighted average lease term (“WALT”) of 3.52 years. Prospective purchasers are offered stable income from diversified retail tenancies, along with the opportunity to increase revenue over the near term with in-place rents sitting approximately 34% below market. Located along Kennedy Road, the Site is situated in a high trafficked corridor, surrounded by various neighboring retailers, with proximity to Highway 407 and 410.
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Investment Highlights
- 100% occupancy in a 39,304 SF plaza ensures immediate cash flow stability.
- Diverse tenant mix spans food, healthcare & services; reduces volatility risk.
- Below market rents give 34% upside rent potential; strategic income growth.
- Prime location near Hwy 407 & 410 offers high traffic visibility.
- Surrounded by major retailers, 237,542 residents within 5 km area.
- Future redevelopment draft plans for two residential towers; 430 units.
Media
30 Rambler Drive (0 Properties)
