703 Notre-Dame ST Active

Russell,ON B3J 1P3

$ 7690000

- Bed

- Bath

16910 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 16,910 sqft

Price per Sqft $454

MLS Listing ID X9415450

Annual Tax Amount $82,551

Tax Year 2024

Property Description

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.

Location

Province ON

County Prescott And Russell

Community 602 - Embrun

Area Prescott And Russell

Region 602 - Embrun

City Region 602 - Embrun

Interior

Cooling Yes

Exterior

Utilities Available Yes

Others

Security Features Yes

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