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245 Strasburg Rd

185,993 SF 38% Leased Retail Building Kitchener, ON N2E 3M6 £20,920,976 (£112/SF)

Shops & Retail Properties Ontario Kitchener 245 Strasburg Rd, Kitchener, ON N2E 3M6

Investment Highlights

  • rare retail investment and future intensification opportunity in Kitchener Ontario
  • high-exposure retail space anchored by a strong tenant mix
  • The Property area totals ±14.38 acres

Executive Summary

245 Strasburg Road (the “Property” or the “Site”), is an exceptionally rare retail investment and future intensification opportunity in Kitchener Ontario. The Property area totals ±14.38 acres, improved with ±185,993 SF of high-exposure retail space anchored by a strong tenant mix. The Site represents a compelling opportunity for an investor and/or developer to capitalize on the Property’s upside potential and future development prospects.

Property Facts

Sale Type
Investment
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Retail
Building Size
185,993 SF
Building Class
B
Year Built
2002
Price
£20,920,976
Price Per SF
£112
Percent Leased
38%
Tenancy
Multiple
Number of Floors
1
Loading Docks
6 Exterior
Building FAR
0.36
Land Acres
11.92 AC
Zoning
C-4(30) - Commercial
Parking
695 Spaces (3.74 Spaces per 1,000 SF Leased)
Frontage
487 ft on Ottawa St

Amenities

  • Banking
  • Bus Route
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalised Intersection
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 3
  • 116,000 SF
  • Retail
  • Outparcel
  • Now

Multiple spaces available.

Space Size Space Use Position Available
3 116,000 SF Retail Outparcel Now

3

Size
116,000 SF
Space Use
Retail
Position
Outparcel
Available
Now

3

Size 116,000 SF
Space Use Retail
Position Outparcel
Available Now

Multiple spaces available.

1 of 1

Nearby Major Retailers

Tim Hortons
Zehrs
Loblaw
CIBC
Montana’s BBQ & Bar
FRESH CO.
Anytime Fitness
M&M Food Market
Starbucks
Planet Fitness
(519) 340-2323

  • Listing ID: 32333255

  • Date on Market: 03/07/2024

  • Last Updated:

  • Address: 245 Strasburg Rd, Kitchener, ON N2E 3M6

The Retail Property at 245 Strasburg Rd, Kitchener, ON N2E 3M6 is currently available For Sale. Contact CBRE, Limited for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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© 2024 CoStar Group

245 Strasburg Rd
(519) 340-2323 x

245 Strasburg Rd

1/2

Joe Benninger

(519) 340-2323

(519) 340-2323

Mel De Oliveira

(519) 340-2311

(519) 340-2311

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