$5,900,000

17524 HIGHWAY 2

, Quinte West, Ontario, K8V 6M2

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9.6 acres of development land for sale (and/or for lease) directly across from Walmart Supercentre (fully leased) with municipal site plan approval obtained & many (8+) AAA retail brands in place who have agreed to lease terms & are ready to sign formal leases directly with new owner for store openings in 2024 & 2025 as part of this brand new 45,000 SF retail plaza including 4 coveted drive-thru buildings (all leased). Severance has been approved to separate the front 5.5 acres fronting Hwy 2 from the remaining southern portion as per attached PDF. A confidentiality agreement must be signed before the tenants/financial terms of leases can be shared, followed by a data room with all due diligence items including enviro/geotechnical reports etc. The Seller would also consider a joint venture to work with another developer to construct this centre. Serious inquiries only-no sale assignments please.

Property Info
MLS®: X7375252
Listing Courtesy of MARINO LOCATIONS LIMITED
Total Bedrooms 0
Total Bathrooms 0
Basement N
Floor Space 0 sq.ft.
Lot Size 380534 sq.ft.
Style other
Last Updated 2024-08-14
Property Type Commercial/Retail
Listed Price $5,900,000
Unit Pricing $5,900,000/sq.ft.
Strata Fee $0.00
Tax Estimate $32,713/Year
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Sold History
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