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245 Strasburg Rd 185,993 SF 38% Leased Retail Building Kitchener, ON N2E 3M6 $27,861,092 USD ($149.80 USD/SF)
Executive Summary
245 Strasburg Road (the “Property” or the “Site”), is an exceptionally rare retail investment and future intensification opportunity in Kitchener Ontario. The Property area totals ±14.38 acres, improved with ±185,993 SF of high-exposure retail space anchored by a strong tenant mix. The Site represents a compelling opportunity for an investor and/or developer to capitalize on the Property’s upside potential and future development prospects.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
185,993 SF
Building Class
B
Year Built
2002
Price
$27,861,092 USD
Price Per SF
$149.80 USD
Percent Leased
38%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.36
Lot Size
11.92 AC
Zoning
C6 - Commercial
Parking
695 Spaces (3.74 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Banking
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
SmartCentres Kitchener is easily accessible and visible from high-traffic Conestoga Parkway. The property includes a Staples, CIBC and EB Games, and is adjacent to Lowe’s and Zehrs Markets.
| Space | Size | Space Use | Position | Available |
| 1 | 116,000 SF | Retail | End Cap | Now |
1
| Size |
| 116,000 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1
| Size | 116,000 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
SmartCentres Kitchener is easily accessible and visible from high-traffic Conestoga Parkway. The property includes a Staples, CIBC and EB Games, and is adjacent to Lowe’s and Zehrs Markets.
Nearby Major Retailers
1 of 6
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245 Strasburg Rd
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