Grocery-Anchored Shopping Centre: The Property represents a rare opportunity to acquire a dominant grocery-anchored centre in the heart of Brampton.
Strong In-Place Income & Long Term Tenancies: Bramrose Square offers the investor secure and increasing future cash flow with a healthy weighted average lease term of 5.86Years.
Strategically Located: The asset benefits from having tremendous connectivity to the surrounding region, via both vehicle and public transportation. Major nearby destinations include Downtown Brampton, Bramalea City Centre, and two GO Stations.
Strong Demographics: The population within a 3 km radius of the centre is forecasted to grow over 9% during the next 5 years.
Significant Future Development Potential: The Property offers the investor a substantial future redevelopment opportunity given its prominent location at the Highway 410 / Queen Street East interchange, which creates enormous traffic and exposure for the site. The mid-to-long run focused buyer can unlock significant mixed-use upside potential.
Address: 285-295 Queen Street East, Brampton, ON
Intersection: Highway 410 and Queen Street East
GLA: 186,389 SF
Site Area: 22.63 acres
Years Built:Main Building and Pads: 1980, Strip Plaza: 1987
Parking: 1,235 parking stalls (5.3 per 1,000 SF)
Key Tenants: No Frills, LA Fitness (Coming in 2021), TD Canada Trust, EasyFinancial, Bulk Barn, Burger King, Pizza Hut, Re/Max Realty, Heritage Fish & Chips