Colliers International is pleased to offer for sale a freestanding, single tenant Shoppers Drug Mart located at 333 Dundas Street in Woodstock, Ontario (the “Property”).
The Property totals 17,837 SF and is fully leased to Shoppers Drug Mart. 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.
Well located on a major thoroughfare and transit corridor in Woodstock, the Property is well situated in a retail and residential node in the Downtown area with great visibility on and accessibility from Dundas Street.
Investors have the ability to purchase an asset with a great location, exceptional covenant tenant, and long term income security.