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$ 11,750,000
Est. payment /mo
Price Dropped by $360K
511 Huron ST Stratford, ON N5A 5T8
27,375 SqFt
UPDATED:
02/25/2025 02:24 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 27,375 sqft
Price per Sqft $429
MLS Listing ID X9415462
Annual Tax Amount $126,439
Tax Year 2023
Property Sub-Type Investment
Property Description
Colliers International is pleased to offer For Sale a freestanding, single Tenant Shoppers Drug Mart totaling 27,375 SF and located along one of the major thoroughfares in Stratford seeing high daily traffic. With over 1,300 location in Canada, and backed by parent company Loblaw Companies, Shoppers Drug Mart is the dominant Canadian pharmacy retailer with recent annual sales above $17B in 2023. The asset is secured by a long term, carefree net lease providing for a stable income stream and minimal management required by the Landlord. Investors have the ability to purchase an asset with a great location, exceptional covenant Tenant, and long term income security.
Location
Province ON
County Perth
Area Perth
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 190.55
Others
Security Features Yes
Listed by COLLIERS