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17524 Highway 2
9.6 Acres of Commercial Land Offered at £3,266,449 in Quinte West, ON K8V 6M2
Investment Highlights
- Directly across from Walmart Supercentre (fully leased) with municipal site plan
- Severance has been approved to separate the front 5.5 acres fronting Hwy 2 from the remaining southern portion
- 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.
Executive Summary
9.6 acres of development land for sale (and/or for lease) directly across from Walmart Supercenter (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 center. Serious inquiries only-no sale assignments please.
Property Facts
Price | £3,266,449 | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
No. Lots | 1 | Total Lot Size | 9.60 AC |
Price | £3,266,449 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 9.60 AC |
1 Lot Available
Lot
Price | £3,266,449 | Lot Size | 9.60 AC |
Price Per AC | £340,255 |
Price | £3,266,449 |
Price Per AC | £340,255 |
Lot Size | 9.60 AC |
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.
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zoning
Zoning Code | Cr (Commercial) |
Cr (Commercial) |
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17524 Highway 2
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