Retail

1390 Kingsway

1390 Kingsway, Sudbury ON

Date Purchased
January 2008
Date Sold
October 2013
Purchase Price
$1,700,000
Sale Price
$2,050,000
Site Area
1.08 acres
Gross Leasable Area
9,029 SF
Fund: Churchill V Real Estate Limited Partnership

Property Description

This 9,029 SF strip retail plaza is located in Sudbury, the largest city in northeastern Ontario. Greater Sudbury is a major retail, economic, health and educational centre, with a population of more than 160,000 and a market capture of close to 600,000. The site is opposite the largest retail power centre north of Toronto and offers functional design, energy efficiency and a coveted C2 commercial zoning. The property was originally acquired in January 2008 and was sold in October 2013.

 


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