Sinclair Place: 263 - 265 Guelph Street Georgetown, Ontario
A Shoppers Drug Mart anchored centre located in the heart of Georgetown’s busiest commercial node with over 50,000 vehicles passing the site daily. Situated on 2.4 acres, the property is comprised of two freestanding buildings fully leased to Shoppers Drug Mart and Emerald Isle Home Furnishings.
The property was meticulously constructed in 2010 and offers multiple access points along Guelph Street and Sinclair Avenue. Sinclair Place is strategically located diagonally opposite to Georgetown Marketplace, a 325,000 SF retail centre anchored by Walmart Supercentre, Sport Check, Winners, HomeSense, LCBO, and The Beer Store.
Guelph Street is Georgetown’s primary commercial corridor offering a wide array of commercial uses continuously drawing visitors to this area throughout all times of the day.
Intersection: Guelph Street / Highway 7 and Sinclair Avenue
Site Area:2.4 Acres
Year Built: 2010
Parking: 116 parking stalls (4.1/1,000 SF)
Tenants: Shoppers Drug Mart, Emerald Isle Home Furnishings
WALT: 8.65 years remaining
The site offers premium visibility and access from Guelph Street, Georgetown’s primary arterial thoroughfare experiencing high daily traffic volumes of over 50,000 vehicles passing the site daily.
Located on 2.4 acres, the centre is well-designed and draws visitors from across the Halton Region and the GTA.
The Property offers the investor secure and increasing cash flows with a healthy weighted average lease term of 8.65 years remaining, with over 12 years remaining on the Shoppers term and meaningful rental escalations.