703 Notre-Dame Street, Russell, ON B3J 1P3

Russell B3J 1P3 Ontario

MLS: X9415450

$7,495,000

Added 59 days ago | For Sale

Listed by: COLLIERS

About Property

Colliers International is pleased to offer For Sale a freestanding, single Tenant Shoppers Drug Mart totaling 16,910 SF and located along the main thoroughfare running through Embrun and situated in the major retail node of the Town. With over 1,300 locations in Canada, and backed by parent company Loblaw Companies, Shoppers Drug Mart is the dominant Canadian pharmacy retailer with recent annual sales above $17B in 2023. The asset is secured by a long term, carefree net lease providing for a stable income stream and minimal management required by the Landlord. Investors have the ability to purchase an asset with a great location, exceptional covenant Tenant, and long term income security.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size:
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Notre-Dame St & Industrial St
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $82551
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X9415450

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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