245 Strasburg Rd - Retail FOR SALE


Kitchener, ON N2E 3M6
$37,900,000 CAD
519-340-2323
245 Strasburg Rd, Kitchener, ON for Sale
$37,900,000 CAD
Retail - FOR SALE
1/5
null | Request Cap Rate

245 Strasburg Rd
Kitchener, ON N2E 3M6


HIGHLIGHTS

  • rare retail investment and future intensification opportunity in Kitchener Ontario
  • The Property area totals ±14.38 acres
  • high-exposure retail space anchored by a strong tenant mix

OVERVIEW

245 Strasburg Road (the “Property” or the “Site”), is an exceptionally rare retail investment and future intensification opportunity in Kitchener Ontario. The Property area totals ±14.38 acres, improved with ±185,993 SF of high-exposure retail space anchored by a strong tenant mix. The Site represents a compelling opportunity for an investor and/or developer to capitalize on the Property’s upside potential and future development prospects.

FOR SALE DETAILS

PRICE

$37,900,000 CAD

PRICE/SF

$204 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

695

LAND DETAILS

LAND ACRES

11.92 AC

LAND SF

519,235 SF

ZONING

C-4(30)

APN/PARCEL ID

301204002719002

ASK ABOUT THIS PROPERTY

Joe BenningerCBRE, LimitedMore Info
519-340-2323

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Joe BenningerCBRE, LimitedMore Info
519-340-2323

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.