retail
Ref 671936

18154-18162 Yonge Street, Newmarket, ON

18154-18162 Yonge Street
Newmarket

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Space available16,101 ft²

Summary

JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in 18154-18162 Yonge Street (the “Property” and/or “Site”), three single tenant retail buildings situated on 1.74 acres in Newmarket’s northwestern retail node (East Gwillimbury). Comprised of 16,101 SF, the Property is fully leased to TD Canada Trust, Milestones, and Kelsey’s who have been long-standing tenants at the site since 2003/2004. The Property offers premium frontage and visibility along Yonge Street, the region’s primary north/south thoroughfare. The Property has a weighted average lease term 2.6 years with tenants having additional options remaining.

The Property is shadow-anchored by a strong performing Costco and Real Canadian Superstore, sharing access with both and providing seamless traffic flow between the sites. Other notable national retailers in the immediate area which draw consumers from across the region include Walmart Supercentre, The Home Depot, Longo’s, Lowe’s, Canadian Tire, Best Buy, SilverCity Cinemas, Michaels, and HomeSense. The Property is less than 1.6 km from Newmarket’s Upper Canada Mall which draws 8 million annual visitors.

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