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.
MLS# | X9415450 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 123 |
Listing Provided By | COLLIERS | Not Provided |
SQ Feet | 16,910 |
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State | ON |
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County | Prescott and Russell |
City | Russell |
Zip Code | B3J 1P3 |
Area | 602 Embrun |
Listing VS Median (in B3J 1P3) | |
Price: $7,690,000 low | high Med: $7,690,000 SqFt: 16,910 low | high Med: 16,910 $ / SqFt: $455 low | high Med: $455 On Site: 123 low | high Med: 123.000000 |