Colliers International (the “Advisor”) is delighted to present the opportunity to acquire 33 Collier Street (“the Property”), a single-tenant, mixed-use building located on a 0.26-acre site in the heart of downtown Barrie. The Property encompasses 32,802 square feet and is fully leased by TD Canada Trust, an established ‘AAA’ covenant tenant and one of Canada’s largest banking institutions. TD Canada Trust occupies three stories and renewed their lease for an additional five years starting in June 2023, with four further 5-year extension options available. They have been tenants since the building was constructed in 2008 and utilize this prime location for their TD Commercial Banking, TD Waterhouse, TD Mortgages, and TD Wealth operations, as well as a traditional retail branch.
The property lies within the Downtown Barrie Urban Growth Centre, an area designated for high-density growth and urban development. With over 59,000 residents living within a 3-kilometer radius, the site benefits from a large local market. Additionally, it is close to numerous national retailers and key destinations that attract visitors from the surrounding region. 33 Collier Street offers a rare opportunity to own a landmark office building in the heart of Barrie.