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.
MLS# | X9415462 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 118 |
Listing Provided By | COLLIERS | Not Provided |
SQ Feet | 27,375 |
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State | ON |
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County | Perth |
City | Stratford |
Zip Code | N5A 5T8 |
Listing VS Median (in N5A 5T8) | |
Price: $12,110,000 low | high Med: $12,110,000 SqFt: 27,375 low | high Med: 27,375 $ / SqFt: $442 low | high Med: $442 On Site: 118 low | high Med: 118.000000 |