Executive Vice President, Capital Markets

Adam D. Kilburn

Andrew Simpson

Senior Associate, Capital Markets

Michael Seidel

A 100% freehold interest in a pharmacy-anchored retail asset in Westlock, Alberta (the “Property”).The Property is anchored by Canada’s largest pharmacy operators, Shoppers Drug Mart, encompassing 83.5% of the Property’s base rent and with term through November 2030. This necessity-based Property is in the stable secondary market of Westlock, servicing the greater community of central Alberta.

For Sale - Shoppers Drug Mart Anchored Retail Property

The Property benefits from a strong tenant mix including 76.3% of the G.L.A. backed by national covenant with term through 2030 which provides investors strong income security throughout the investment horizon

Property W.A.L.T. of 4.09 years and Shoppers Drug Mart W.A.L.T. of 4.66 years (as of April 1, 2026)

The Property is prominently positioned along Westlocks main business corridor with Shoppers Drug Mart occupying a center ice location since 2010

Extensive repairs and maintenance completed by current ownership

Shoppers Drug Mart Anchored Retail Property

Toronto

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Shoppers Drug Mart Anchored Retail Property

For Sale - Shoppers Drug Mart Anchored Retail Property

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