Fund:
Churchill IV Real Estate Limited Partnership
Property Description
Located to the West of Toronto in the City of Mississauga (central Greater Toronto Area), the site is a 1.82 acre parcel of land that was developed in 1975. Constructed using a structural steel frame and concrete block walls, the two-storey, 57,960 SF mixed-use plaza contains large retail spaces (ground floor), office spaces (second floor), and basement spaces. The Dundas Street East catchment area boasts an average household income of $91,000 and is a high-frequency location for retailers. Easy access to Highway #427, QEW and Lakeshore Road make this busy (50,000 cars per day) Dundas Street East property with double row parking in front as well as clean and bright underground parking an excellent retail/office asset. The property was originally purchased in April 2007, and was divested in October 2016.
