Quispamsis Town Centre

CBRE Limited (“CBRE”), on behalf of RioCan Holdings Inc (“Vendor”) is pleased to offer for sale a 100% free hold interest in Quispamsis Town Centre, a 87,818 sq. ft. retail centre located at 175 Old Hampton Road, Quispamsis, New Brunswick (the “Property” or the “Centre”). Constructed originally in 1987 with a major renovation to accommodate Shoppers Drug Mart in 1991, and a further expansion in 2004. The Property occupies a 8.25 acre site with excellent visibility and site traffic, with one of the access points at alighted intersection. Anchored by Shoppers, Goodlife and Dollarama, with both Tim Hortons and MacDonald’s on shadow anchored pad sites at the front, the Centre is 97.9% leased with a weighted average lease term of 3.8 years, providing for a secure income steam. This neighbourhood commercial centre is centrally located amongst other complementary commercial uses including grocery and hardware, and is surrounded by single family homes. Positioned in one of New Brunswick’s most affluent suburban nodes, home to the province’s highest earners, with a trade area estimated at 25,000 people, this well anchored neighbourhood centre will provide steady, reliable returns to investors.
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Sizes and Measurements

Total Size

87,818 sq. ft.

Total Building Size

87,818 sq. ft.

General Information

For Sale

Price is Negotiable

Zoning

Kings County

Photos

Map Data
Map data ©2018 Google
Map DataMap data ©2018 Google
Map data ©2018 Google
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