501 – 505 Bryne Drive

501 Bryne Drive, Barrie ON

Date Purchased
January 2008
Date Sold
August 2012
Purchase Price
Sale Price
Site Area
1.96 acres
Gross Leasable Area
18,506 SF
Fund: Churchill V Real Estate Limited Partnership

Property Description

Located one hour north of Toronto in the City of Barrie, this 1.96 acre property consists of a retail pad site (501 Bryne Drive) and a retail strip plaza (505 Bryne Drive). Constructed in 1999, the net rentable floor area is 18,506 square feet, broken down into the pad site (3,980 SF) and the retail plaza (14,526 SF). The complex is located in an architecturally cohesive, well maintained and attractive business park that accommodates a wide range of commercial and light industrial users. There is onsite surface parking for approximately 180 cars, and the scale and range of retail/service industrial users located in the immediate vicinity generates significant vehicular traffic. The property was acquired in January 2008 and sold in August 2012.

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