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$8,270,000
Status: For Sale
A freestanding, single tenant Shoppers Drug Mart totaling well located on a major thoroughfare and transit corridor in Woodstock. With over 1,300 locations 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 mgmt required by the landlord. Investors have the ability to purchase an asset with a great location, exceptional covenant tenant, and long term income security.
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40671393 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :31 Oct, 2024 (7 Days ago) |
| Source | :Hamilton - Burlington |
| Area | :Oxford |
|---|---|
| City | :Woodstock |
| Area Major | :Woodstock |
| Area Minor | :Woodstock - North |
| Postal Code | :
N4S 1B5
|
| Directions | :Located in the northeast corner of Dundas Street and Vansittart Avenue |
| Price | : $8,270,000 |
|---|---|
| Property Taxes | :$173453 |
| Tax Year | :2024 |
|---|
| Bedrooms | :0 + |
|---|---|
| Place of Worship | :No |
| Cross Street | :Dundas Street & Vansittart Avenue |
| Approx Square Footage | :17837 sqft |
|---|
| Basement | :Full |
|---|
31 Oct, 2024
TREB #40671393
Listed
$8270000
