11
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$7,690,000
Est. payment /mo
16,910 SqFt
Active
703 Notre-Dame ST Russell, ON B3J 1P3
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UPDATED:
10/17/2024 08:33 PM
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
Listed by COLLIERS MACAULAY NICOLLS INC.
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