
2A-B - 340 HIGHBURY AVENUE S, St. Thomas, ON N5P0A5
$29 per sq ft / yr
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Asset Class
Retail
Size
—
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
98%
Position your business for the next phase of growth in St. Thomas. This brand-new commercial development at 340 Highbury Avenue South offers an exceptional opportunity to establish your business along one of the city's key commercial corridors, directly across from the new Volkswagen/PowerCo EV battery cell gigafactory development. With completion anticipated for late 2027, now is the time to secure your space and establish your presence as this rapidly developing employment area takes shape. Well suited for health and wellness, office, professional, recreational and service-oriented businesses looking to establish themselves within a modern commercial development in one of St. Thomas' key growth areas. A variety of commercial uses are permitted under the C7-31 zoning, subject to confirmation of the Tenant's intended use. The owner has applied for a zoning variance to allow for health/wellness operations. Modern new construction offers excellent visibility, prominent signage opportunities, convenient access and on-site parking. An outstanding opportunity to secure space today in an area positioned for significant future growth. (id:66811)
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Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$0
Cash-on-cash
3.54%
DSCR
1.19
Going-in cap
6.60%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
128,810
Households
51,448
Median income
$91,500
Median age
43
Daytime population
214,657
5-yr growth
7.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2A-B - 340 HIGHBURY AVENUE S, St. Thomas.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.