703 Notre-Dame St, Russell MLS Number: X9415450
602 - Embrun, Russell, Prescott and R, ON, B3J 1P3$7,690,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $82551.00 (Tax Year:2024)
- Listing Courtesy : Colliers
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$7,690,000
Status: For Sale
Colliers International is pleased to offer For Sale a freestanding, single Tenant Shoppers Drug Mart totaling 16,910 SF and located along the main thoroughfare running through Embrun and situated in the major retail node of the Town. 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 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.
Property Type | :Commercial |
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MLS Number | :X9415450 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :17 Oct, 2024 (38 Days ago) |
Source | :TRREB |
Area | :Prescott and R |
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Postal Code | : B3J 1P3 |
Price | : $7,690,000 |
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Property Taxes | :$82551.00 |
Tax Year | :2024 |
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Cross Street | :Notre-Dame St & Industrial St |
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17 Oct, 2024
TREB #X9415450
Available
$7690000.0