8409 Simcoe County Rd - Retail FOR SALE


Washago, ON L0K 2B0
$4,175,000 CAD
905-917-2031

NO PHOTO

$4,175,000 CAD
Retail - FOR SALE
null | Request Cap Rate

8409 Simcoe County Rd
Washago, ON L0K 2B0


HIGHLIGHTS

  • Modern 8,031 SF freestanding LCBO building constructed in 2012 on 1.82 acres.
  • Strategic location at Highway 11 and County Road 169, offering direct access to Muskoka and the Greater Toronto Area.
  • Excess land provides opportunity for future development or site expansion.
  • Exposure to substantial seasonal traffic flows serving the cottage and tourism economy.

OVERVIEW

Lennard Commercial Realty, Brokerage (the "Advisor") has been retained by the Vendor to offer for sale a 100% freehold interest in a single tenant retail property located at 8409 County Road 169, Washago, ON (the "Property"). The Property is fully leased to LCBO and consists of an 8,031 SF freestanding building constructed in 2012 and situated on a prominent 1.82 acre parcel. Located at the convergence of two of Ontario's primary cottage country travel corridors (Hwy 11 and County Road 169), the Property serves a broad regional trade area while capturing substantial traffic travelling between the Greater Toronto Area and the province's renowned cottage and recreational markets. The Property is leased under a long-term corporate net lease with approximately six years of remaining lease term, providing predictable cash flow backed by the LCBO, a Crown corporation of the Province of Ontario. The net lease structure offers passive ownership with limited management responsibilities and provides investors with a stable income stream from one of the province's strongest retail covenants. The Property's strategic location supports a trade area extending well beyond the surrounding community, benefiting from thousands of commuters travelling to and from cottages and recreational destinations throughout Muskoka, Lake Simcoe, Lake Couchiching, the Severn River corridor and the greater Orillia area. With average daily traffic volume exceeding 40,000 vehicles, the Property is well positioned as a strategic retail destination along one of Ontario's busiest recreational corridors. In addition to the in-place income, the 1.82-acre site also includes excess land providing an opportunity for future site intensification while continuing to benefit from the existing income stream.

FOR SALE DETAILS

PRICE

$4,175,000 CAD

PRICE/SF

$514 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Yash KumarLennard Commercial RealtyMore Info
905-917-2031

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Yash KumarLennard Commercial RealtyMore Info
905-917-2031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.