The Shoppes of Osprey Village, Bridgewater
4, 8, 20 Pine Grove Road & 461, 485Highway 10 Bridgewater

The Shoppes of Osprey Village, Bridgewater - retail for sale

46,904 ft2
Retail Sale/Purchase
Contact us for price

Description


JLL’s National Retail Investment Group and Partners Global Corporate Real Estate Inc. are pleased to offer for sale a 100% freehold interest in The Shoppes of Osprey Village, Bridgewater, NS (the “Property”). Comprised of 46,904 SF, the Property is currently 97.1% leased to a strong and diverse roster of tenants including Staples, Swiss Chalet / Harvey’s, Dollarama, Pet Valu, Boston Pizza, and EB Games. The Property shares access with both of its shadow-anchors, Canadian Tire and Walmart Supercentre, which provide a strong draw for consumers from across the region to the centre. The Property offers the investor secure future cash flow with a healthy weighted average lease term of 6.44 Years. 

The Property is well-designed with premium signage, excellent visibility, ample parking, and multiple access points. The Property offers a strategic location in close proximity to Highway 103, a major highway running along the south shore of the province, providing direct access to Halifax, an hour away. Bridgewater is the hub of southwestern Nova Scotia and is home to a regional hospital, Nova Scotia Community College, regional courts and services for both the Federal and Provincial governments. 

The Property offers approximately 47,350 SF of retail density potential with the prospect of building five additional pads on-site. In addition, there is a 3.31 acre parcel of excess land located to the north of the Property on the opposite side of Pine Grove Road. 



Investment Highlights:

  • The Property has been carefully leased to a diverse mix of needs-based and service-oriented tenants, and benefits from sharing access with both of its shadow-anchors, Canadian Tire and Walmart Supercentre, which provide a strong draw for consumers from across the region to the centre. 
  • The Property offers approximately 47,350 SF of retail density upside with the potential for five pads on-site. There is also an additional 3.31 acre parcel of excess land located north of the Property. 

  • The centre benefits from being in close proximity to Highway 103, a major highway running along the south shore of the province, providing direct access to Halifax, an hour away. 

  • The centre is a shopping destination for residents of Bridgewater and the nearby communities of Mahone Bay, Lunenburg, New Germany, Liverpool, and Chester.

 

Amenities

 

Documents and resources

The Shoppes of Osprey Village, Bridgewater - retail for sale

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