- Property size 25,130 ft2
2575 St. Clair Avenue West, St. Clair Crossing, Toronto, ON - retail for sale
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.