Ranch Market (98.3% interest)

100 Ranch Market, Strathmore AB

Date Purchased December 2011	Constructed 2008
Purchase Price $27,100,000	Unit Sizes Available 1,777 SF to 4,555 SF
Site Area 10.2 acres	Gross Leasable Area 97,126 SF
Fund: Churchill 11 Real Estate Limited Partnership

Property Description

Ranch Market the main Power Centre for Strathmore, AB and is the first retail hub coming from the east. Accessed by two all-turn intersections, the property is situated on the prime corner of the Trans-Canada Highway and George Freeman Trail, with an average of 25,000 vehicles per day, within an established retail node. This main Power Centre has 97,126 SF of leasable area and is shadow-anchored by Walmart, Sobeys and RONA. The tenant roster includes Shoppers Drug Mart, RBC Royal Bank of Canada, ATB Financial, The Source, Dollarama, M&M Meats, Lammles, Ardene, Pizza Hut, Warehouse One, Western Financial, Original Joe’s, Pet Planet, Crowfoot Liquor Store, OPA! Souvlaki and Booster Juice. The property was originally purchased for $27,100,000 in December 2011. Participating funds in this property are: Churchill 11 Real Estate Limited Partnership (98.3%) and an affiliate of Churchill (1.7%).

Brochures

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