retail
Ref 677565

Wharncliffe Shopping Plaza, London, ON

467 Wharncliffe Road South
N6J 2M9 London

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Space available37,633 ft²

Summary

**Offer Deadline:  May 30th at 4:30 pm**

JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in Wharncliffe Shopping Plaza (the “Property”), a pharmacy-anchored plaza in the heart of London, Ontario. Comprised of 37,633 SF, the Property is 91% occupied by a diverse tenant mix and anchored by a strong performing Shoppers Drug Mart which has been a longstanding tenant at the site since 1999 and expanded into their current premises in 2013. Other top tenants at the site include Burger King (commencing 2024 with a new 20-year lease), Harry’s Restaurant, My Family Dental Clinic, Old Bagel House, and Fat Bastard Burrito. The Property offers the investor secure future cash flow with a weighted average lease term of 6.55 years.
 

The Property is situated on a prominent 3.15 acre lot on the northwest corner of Wharncliffe Road South and Baseline Road West, where it capitalizes from premium access and visibility along both busy thoroughfares, benefiting from an annual traffic volume exceeding 40,000. On the southeast corner of this intersection there is a No Frills anchored plaza which draws additional consumers to the area. The site is surrounded by densely populated residential neighbourhoods with over 82,000 residents living within a 3 km radius. 

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