- Property size 30,802 ft2
2 Welwood Drive, Uxbridge - retail for sale
JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in 2 Welwood Drive, Uxbridge (the “Property”). The Property is situated on 3.05 acres in Uxbridge’s most dominant retail node, shadow-anchored by Walmart, Canadian Tire, Zehrs, and Rona, all of which are accessible from Welwood Drive, just off Toronto Street South (Highway 47). The Property is comprised of 30,802 SF and is fully leased to LCBO, Mark’s, Swiss Chalet / Harveys (with drive-thru), Global Pet Foods, and a Cannabis store. These strong tenancies provide a secure income stream from trusted national brands and have a healthy weighted average lease term of 5.64 years.
Uxbridge serves as the primary service and retail shopping destination for surrounding communities such as Port Perry, Coppin’s Corners, Goodwood, Greenbank and Sandford. The site offers premium visibility from Toronto Street South (Highway 47), Uxbridge’s most travelled arterial thoroughfare, experiencing high traffic counts throughout all times of the day. The site capitalizes on sharing ingress/egress and parking with Walmart, one of Uxbridge’s busiest destination retailers.
- Uxbridge is located in Durham Region, within the Greater Toronto Area. The town has a population of 22,634 (2020) and is expected to increase by 5.05% over the next five years.
- Uxbridge is home to an affluent population with an average household income of $138,722, significantly higher than the provincial average.
- The site is surrounded by the country’s most sought after retailers which create a healthy draw to the node from across the region.
- The site is well-designed with one seamless access point on Welwood Drive, premium signage, and ample parking.