Kelseys at Fairview Mall, St. Catharines, ON
Kelseys at Fairview Mall St. Catharines

Kelseys at Fairview Mall, St. Catharines, ON - retail for sale

5,002 ft2
Retail Sale/Purchase
Contact us for price

Description

JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in Kelseys at Fairview Mall (the “Property”). The Property is situated on a prime 1.22 acre corner lot at the busy intersection of Lake Street and YMCA Drive, just off of the Queen Elizabeth Way (QEW) in the heart of St. Catharines. The Property consists of a 5,002 SF freestanding Kelseys which has term until July 2027, plus 1x5 remaining options to renew. Kelseys has been a long-term tenant at the site since 1997, proving itself as a longstanding, loyal tenant. The Property was recently renovated in 2017 with superior quality and finishes. The Property is easily accessible by both vehicle and public transportation and is well-designed with seamless access, ample parking, and premium signage.

The site is situated in the heart of northern St. Catharines’ most dominant retail node anchored by Fairview Mall, Costco, and The Home Depot, which draws visitors from all across the region. This commercial node is in close proximity to densely populated residential neighbourhoods with over 69,000 residents living within a 3 km radius.

Investment Highlights

  • St. Catharines is the commercial hub and largest city in the Niagara Region, located in south-central Ontario and is the 12th largest CMA in Canada with a population of over 130,000 residents.
  • The Property is in close proximity to many densely populated residential neighbourhoods with over 69,000 residents living within a 3 km radius of the site.
  • The site capitalizes on easy access to and from the QEW with an interchange less than 200 metres away, and is easily accessible by St. Catharines’ public transportation system.
  • Triple-net corporate lease with Recipe Unlimited (formerly known as Cara Operations Limited), Canada’s oldest and largest full-service restaurant company.

Documents and resources

Kelseys at Fairview Mall, St. Catharines, ON - retail for sale

Presented by: