FOR SALE: Cambrian Mall
44 Great Northern Road
Sault Ste. Marie
Ontario P6B 4Y5
- Property Size (m2): 12,524
Documents and Resources
FOR SALE: Cambrian Mall - Retail for sale
About this space
- Type: Retail
- Sub-Type: Contact Us
- Tenure: Sale / Purchase
- Space Available (m2): 12,524
- Price ($CAD): Contact Us
JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in Cambrian Mall, a 134,807 SF retail centre located in Sault Ste. Marie.
Anchored by Shoppers Drug Mart, Winners and Dollar Tree, the centre has two dominant shadow anchors, Your Independent Grocer and Canadian Tire. Cambrian Mall is located on Great Northern Road/Highway 17, a major north-south arterial road bisecting the city with premium exposure offering the centre’s tenants excellent visibility to a large consumer base.
Cambrian Mall is currently 81.4% leased with 93.9% of leased GLA represented by national retailers serving a variety of daily needs retail services. The centre’s top tenants by revenue include Shoppers Drug Mart, Winners, TD Canada Trust, CIBC and Bank of Montreal, which have been operating at Cambrian Mall for a weighted average of 21 years. With secure and increasing cash flows, this centre has a healthy weighted average lease term of 3.59 years.
- The Centre is surrounded by an established residential neighborhood in the heart of Sault Ste. Marie, serving a market of over 78,000 residents.
- The centre (excluding shadow anchors) is comprised of 134,807 SF and is 81.4% leased, with 93.9% of leased GLA represented by national retailers.
- Capitalizes on two dominant shadow anchors: Canadian Tire and Your Independent Grocer which create a healthy draw to the site and generate foot traffic for other tenancies.