FOR SALE

Glendale Place
St. Catharines, ON
Investment Highlights:
  • St. Catharines is the commercial hub and largest city in the Niagara region, located in south-central Ontario with a citywide population of over 141,000 residents. St. Catharines-Niagara is the 13th largest CMA in Canada with a population of over 430,000 residents.
  • The Property is situated on a large 4.41 acre lot and offers premium exposure and visibility off Glendale Avenue, one of St. Catharines’ primary arterial thoroughfares, with over 27,000 vehicles traversing the site daily. 
  • Glendale Place is situated in one of St. Catharines’ most dominant retail nodes home to an abundance of national destination and convenience retailers. This node is highlighted by The Pen Centre, Niagara Region’s largest enclosed shopping centre, located less than 700 metres away. 
  • Glendale Place has been carefully leased to a diverse mix of needs-based and service-oriented tenancies drawing consumers to the plaza for a variety of reasons. 
  • The Property is currently 96% occupied with national tenants representing 84% of leased GLA. 
  • Glendale Place offers the investor secure and increasing future cash flow with a weighted average lease term (WALT) of 6.1 years.
Property Overview
Address:  ​344 Glendale Avenue, St. Catharines, ON
Intersection:  Glendale Avenue and Highway 406
GLA:  40,337 SF
Site Area:  4.41 acres
Key ​Tenants:  The Keg, RBC (with drive-thru), Swiss Chalet, Harvey’s (with drive-thru), Global Pet Foods, Great Clips, Coco Fresh Tea & Juice, Papa John’s Pizza
​Occupancy:  96% (National Tenants:  84%)
WALT​:  ​6.1 years
Documents
Property Location
Contact us for more information:
Matthew T. Smith*
Executive Vice President
National Retail Investment Group
416-304-6004
Nick Macoritto*
​Executive Vice President
​National Retail Investment Group
416-238-5874
Mark Leshchyshyn*
Sales Associate
​National Retail Investment Group
416-304-6022
* Sales Representative

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