210 Mohawk Road East, Hamilton, ON

JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in 210 Mohawk Road East (the “Property”), a pharmacy-anchored plaza situated on a 1.88 corner lot in the heart of Hamilton, Ontario. Comprised of 22,968 SF, the Property is fully leased to Shopper Drug Mart (term until November 2029), LifeMark Physiotherapy, and Hasty Market. Shoppers Drug Mart is a proven ‘AAA’ covenant and has been a longstanding tenant at the site since 2004. The Property offers the investor secure future cash flow with a weighted average lease term of 5.28 years. 
 
This area of Hamilton is home to an abundance of national retailers, including CF Lime Ridge (1.3 km away), drawing consumers from across the region. The Property is surrounded by densely populated and growing residential neighbourhoods with over 107,800 residents living within a 3 km radius of the site. 

Hamilton is the fifth-largest city in Ontario and the tenth-largest city in Canada, home to a population of over 590,000 residents. The City of Hamilton has been growing rapidly and its population is expected to increase to 780,000 by 2041.

Shoppers Drug Mart is Canada’s top pharmacy, headquartered in Toronto, Ontario. It has nearly 1,400 pharmacist-owned locations across the country. In 2013, Loblaw Companies acquired Shoppers Drug Mart Corporation for $12.4 Billion.

Fully leased, the Property is anchored by Shoppers Drug Mart which has been a longstanding tenant at the site since 2004.

LifeMark Physiotherapy is the rehabilitation division of LifeMark Health Group, a national healthcare company with over 20 years of service and 300+ locations across Canada.

This central location in Hamilton is easily accessible from across the city and region, being in close proximity to the Lincoln M. Alexander Parkway, the City’s main thoroughfare.