Rockhaven Centre, Peterborough
1875 ‒ 1913 Lansdowne Street West, Peterborough

Rockhaven Centre, Peterborough - retail for sale

60,673 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 Rockhaven Centre (the “Property”) located in Peterborough, Ontario. Situated on a 7.31 acre site along Lansdowne Street West, the city’s primary east/west thoroughfare, the Property enjoys high visibility to over 18,000 vehicles daily. Comprised of 60,673 SF, the Property is fully leased to a dominant tenant roster highlighted by Shoppers Drug Mart, Giant Tiger and Tim Hortons. Over 92% of leased GLA is occupied by national tenants. Rockhaven Centre offers the investor secure and increasing future cash flow with a healthy weighted average lease term of 7.07 Years.

In addition to national retailers nearby, Fleming College and Peterborough Sport & Wellness Centre are major destinations in the immediate area. The site is in close proximity to established residential neighbourhoods with over 17,500 residents living within a 3 km radius of the site.

Investment Highlights

  • The centre is 100% leased to a dominant roster of essential needs, national tenancies including Shoppers Drug Mart, Giant Tiger, and Tim Hortons (with drive-thru).
  • Peterborough is part of the Greater Golden Horseshoe with a strategic location within close proximity to many major markets. The City is approximately a 1.5 hour drive to Toronto (via Highway 115 which connects to Highway 401) and 3.5 hours to Ottawa (via Highway 7).
  • With the extension of Highway 407 in 2019, this new link between Peterborough and the Greater Toronto Area has caused a sudden influx of new residents and development to the city. Much of this new growth is projected to occur in the city’s west and southwest areas. Rockhaven Centre is well positioned to benefit from this growth.
  • Lansdowne Street is home to an abundance of national retailers which draw consumers from across the region. Directly across the street is a busy No-Frills anchored Plaza and The Beer Store. Over 18,000 vehicles pass the site daily.

JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in Rockhaven Centre (the “Property”) located in Peterborough, Ontario. Situated on a 7.31 acre site along Lansdowne Street West, the city’s primary east/west thoroughfare, the Property enjoys high visibility to over 18,000 vehicles daily. Comprised of 60,673 SF, the Property is fully leased to a dominant tenant roster highlighted by Shoppers Drug Mart, Giant Tiger and Tim Hortons. Over 92% of leased GLA is occupied by national tenants. Rockhaven Centre offers the investor secure and increasing future cash flow with a healthy weighted average lease term of 7.07 Years. 

In addition to national retailers nearby, Fleming College and Peterborough Sport & Wellness Centre are major destinations in the immediate area. The site is in close proximity to established residential neighbourhoods with over 17,500 residents living within a 3 km radius of the site. 

Documents and resources

Rockhaven Centre, Peterborough - retail for sale

Presented by: