Windsor’s economy has seen impressive growth between 2014 and 2018. Average annual real GDP grew 3.4%, and a cumulative 9,700 jobs were created, marking the city’s best economic performance since the late-1990s.
The Windsor-Detroit Gateway is Canada’s busiest border crossing with four crossing points. This critical border crossing accounts for 25% of overall trade between Canada-United States annually.
The Property is anchored by a strong performing Shoppers Drug Mart while the rest of the centre has been carefully leased to a diverse mix of needs-based and service-oriented tenancies which create a healthy draw to the site.
Value add opportunity: Potential to add an additional 21,778 SF of density along the western portion of the site plus a 4,750 SF freestanding pad fronting on Tecumseh.
Address: 5050 Tecumseh Road East, Windsor
Intersection: Tecumseh Road East and Pillette Road
Site Area: 5.46 acres
Parking: 276 parking stalls (6.4 per 1,000 SF)
Key Tenants: Shoppers Drug Mart, National Bank, Pet Valu, First Choice Haircutters, and The UPS Store