Retail

72 Commerce Park

72 Commerce Park, Barrie ON

Date Purchased
March 2007
Date Sold
Purchase Price
$9,500,000
Sale Price
$10,757,313
Site Area
6.31 acres
Gross Leasable Area
45,913 SF
Fund: Churchill IV Real Estate Limited Partnership

Property Description

Located in the City of Barrie, one hour north of Toronto, 72 Commerce Park is one of thirteen properties that comprise the Barrie Power Centre portfolio. This 6.31 acre property is located at the south end of the complex and offers great exposure to Highway 400 — the very busy main route from Toronto to Cottage Country. The site is developed with a single-storey 45,913 SF commercial retail building constructed in 1998. Complete with 10 individual theatres, a mezzanine area with a snack/hot foods counter, public washroom facilities, sales booths and office areas, the property offers ample free parking and is occupied by Galaxy Theatres.


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