Stratford, ON N5A 5T8,511 Huron ST
Stratford, ON N5A 5T8,511 Huron ST
Stratford, ON N5A 5T8,511 Huron ST
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$11,750,000
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27,375 SqFt
Active

511 Huron ST Stratford, ON N5A 5T8

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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

Lot Front 190.55

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

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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