Saugeen Shores Shopping Centre, Port Elgin, ON

JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in Saugeen Shores Shopping Centre (the “Property”), a newly developed grocery-anchored centre in Port Elgin, Ontario. Comprised of 74,543 SF, this prime retail asset is 98.1% leased and boasts a robust tenant mix, carefully leased to key retailers, including Food Basics, Dollarama, Goodwill, Starbucks, Chuck’s Roadhouse Bar & Grill, Osmow’s, and BarBurrito. With a remaining weighted average lease term of 13.2 years, the centre offers investors a stable, long-term income stream with built-in growth potential.

Occupying a prominent 6.71 acre corner lot, Saugeen Shores Shopping Centre enjoys excellent visibility and accessibility at the intersection of Goderich Street (Highway 21) and Devonshire Road. Its location in Port Elgin’s north end places it in close proximity to densely populated residential neighbourhoods, with over 12,000 residents living within a 3 km radius.

Completed in 2023/2024, this modern development features a well-planned layout with ample parking and superior frontage along Goderich Street (Highway 21). This major arterial route not only serves as Port Elgin’s main thoroughfare but also connects to neighboring communities like Southampton, enhancing the Property’s regional draw and long-term value proposition.