Property is located on one of the main arterial roads into the City of Kingston. Easily accessible from HWY 401, (3.2 Km/5 minute drive) and through public transit with a bus stop situated in front of the site.
Multi-tenant asset purchased with existing income and a value-add opportunities. TriVirtus worked to re-zone half of the property from office to retail, thereby doubling potential rent and increasing location tenant appeal.
Phase I saw the plaza leased to Party City ( a subsidiary of Canadian Tire), Luxe (hair salon), Calyx & Trichomes (a cannabis retailer), and Halibut House (an expanding seafood restaurant group).
Subsequently another 19,000 sq. ft. of retail space was developed attracting notable tenants Pet Value, Burger King, Mr. Lube, Score Pizza and others.
The development is complete and is well-positioned with signalized full turns access and shadow anchored by LCBO (one of the busiest east of Toronto), Wal-Mart, the Beer Store, and Loblaws.
