FOR SALE - Red River Road Plaza, Thunder Bay
843 Red River Road
Thunder Bay, Ontario P7B 1K3

Description

JLL’s National Retail Investment Group is pleased to offer for sale a 100% freehold interest in Red River Road Plaza, a 18,246 SF strip retail plaza located in Thunder Bay, in the heart of an established commercial node. Red River Road Plaza, anchored by M&M Meat Shops and Little Caesars, is currently fully leased to a diverse mix of service-oriented and needsbased tenancies with national and regional tenants representing 59.9% of occupied space. The Property has excellent frontage and signage on Red River Road, one of the city’s main arterial thoroughfares which connects to the Trans-Canada Highway (Highway 17). Red River Road Plaza is well-positioned to service the city with its diverse tenant mix and central location within its market. Red River Road Plaza is surrounded by national retailers continuously drawing consumers from across the region including Walmart Supercentre, Shoppers Drug Mart, Safeway, LCBO, The Beer Store, CIBC, Anytime Fitness and McDonald’s. Surrounding this commercial node are densely populated residential neighbourhoods with over 43,000 residents living within a 3 km radius of the site.  Investment Highlights Red River Road Plaza capitalizes from premium visibility and signage on Red River Road, one of Thunder Bay’s main arterial thoroughfares connecting to the Trans-Canada Highway (Highway 17). The Property is situated in the heart of an established retail node surrounded by both destination and convenience retailers drawing consumers from across the city and region. Red River Road Plaza is currently fully leased to a diverse mix of tenancies with national and regional tenants representing 59.9% of occupied space. Over 43,000 residents live within a 3 km radius of the site, while over 7,200 residents live within a 1 km radius, providing an excellent market catchment for the plaza.

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