2575 St. Clair Avenue West, St. Clair Crossing, Toronto, ON
2575 St. Clair Avenue West Toronto

2575 St. Clair Avenue West, St. Clair Crossing, Toronto, ON - retail for sale

25,130 ft2
Retail Sale/Purchase
Contact us for price

Description

*FIRM*

JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in the newly developed retail centre, St. Clair Crossing (the “Property”), which is situated on 2.69 acres along St. Clair Avenue West just east of Jane Street. Comprised of 25,130 SF, the Property is 100% leased to a diverse mix of needs-based and service-oriented tenancies highlighted by Wendy’s (with drive thru), Starbucks (with drive thru), Denny’s, Barburrito, and Pizza Hut. The Property was constructed between 2018-2019 and offers the investor secure and increasing future cash flow with a weighted average lease term of 8.58 Years.

The Property offers premium frontage and visibility from St. Clair Avenue West, and capitalizes from shared access with its two adjacent neighbours – a TD Canada Trust/Dollarama anchored plaza and Walmart Supercentre. St. Clair Crossing is located 1.5 km west of Stock Yards Village, a prominent retail destination in Toronto home to the country’s top retailers, drawing consumers from across the City.

This Toronto location offers premium access to public transportation systems making commuting easy for those who live in the area. The site is surrounded by established residential neighbourhoods with over 165,000 residents living within a 3 km radius of the site, which is forecast to grow by more than 5% over the next 5 years.

Investment Highlights

  • St. Clair Crossing is fully leased to a diverse mix of service-oriented and needs-based tenants, drawing visitors to the centre for a variety of retail needs.
  • The Property is located just west of Stockyards District, one of Toronto’s top retail nodes home to the country’s top national tenants continuously drawing consumers from across the City.
  • The site benefits from premium frontage and visibility along St. Clair Avenue West, one of Toronto’s primary east/west arterial thoroughfares with high traffic counts.
  • Recently constructed from 2018-2019, the asset has multiple access points from St. Clair Avenue West while offering ample parking.
  • The Property is shadow-anchored by a newly constructed TD Canada Trust/Dollarama anchored plaza and Walmart Supercentre, sharing access with each centre to provide seamless traffic flow between them.

JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in the newly developed retail centre, St. Clair Crossing (the “Property”), which is situated on 2.69 acres along St. Clair Avenue West just east of Jane Street. Comprised of 25,130 SF, the Property is 100% leased to a diverse mix of needs-based and service-oriented tenancies highlighted by Starbucks, Wendy’s, F45 Training, EasyFinancial, Denny’s, and Pizza Hut. The Property was constructed between 2017-2020 and offers the investor secure and increasing future cash flow with a weighted average lease term of 8.58 Years. 

The Property offers premium frontage and visibility from St. Clair Avenue West, and capitalizes from shared access with its two adjacent neighbours – a TD Canada Trust/Dollarama anchored plaza and Walmart Supercentre. St. Clair Crossing is located 1.5 km west of Stockyards Village District, a prominent retail destination in Toronto home to the country’s top retailers, drawing consumers from across the City. 

This Toronto location offers premium access to public transportation systems making commuting easy for those who live in the area. The site is surrounded by established residential neighbourhoods with over 165,000 residents living within a 3 km radius of the site, which is forecast to grow by more than 5% over the next 5 years. 

Documents and resources

2575 St. Clair Avenue West, St. Clair Crossing, Toronto, ON - retail for sale

Presented by: