Caledon East is a compact rural community part of the Town of Caledon, which is part of the Regional Municipality of Peel in the Greater Toronto Area. It is located immediately north of Brampton, northwest of Bolton and southeast of Orangeville.
The Property is well-designed with multiple access points and ample parking, and has been carefully leased to a diverse mix of tenancies which create a healthy draw to the centre.
There is an additional parcel of land (approximately 1 acre) that is commercially zoned, providing the Buyer with additional development upside.
Foodland accounts for approximately 48.5% of annualized base rent and has term until September 2025 with 2x5 year renewal options thereafter.
Address: 15771, 15809 & 15811 Airport Road, Caledon, ON
Intersection: Airport Road and Hilltop Drive
GLA: 26,103 SF
Site Area: 3.49 acres (includes development land)
Tenants: Foodland, Guardian Pharmacy, Caledon East Audio Video, Caledon East Optical, Caledon East Dentistry