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GoodLife Windsor Portfolio 2 Retail Properties in Multiple Locations
EXECUTIVE SUMMARY
On behalf of GL Windsor Limited Partnership and GL Windsor Inc. (the “Vendor”, “Owner”), CBRE Limited
(the “Advisor”) is pleased to offer for sale a 100% freehold interest in 3920 Dougall Avenue located
in Windsor, Ontario and 13275 Tecumseh Road East located in Tecumseh, Ontario (the “Properties”).
Comprising 85,434 SF of total rentable area, these freestanding retail properties are uniquely situated
in two of Windsor-Essex County’s most affluent and desirable communities of South Windsor and
Tecumseh. At 100% occupancy, the Properties are dominated by a long term tenancy with Goodlife
Fitness Centres Inc. at 75.6% of the total Year 1 Base Rent and 90% of the total Net Rentable Area.
Goodlife Fitness has a further options to renew solidifying the long term nature of the tenancy to the
respective communities.
As Canada’s largest fitness company and the 6th largest in the world, Goodlife Fitness provides an
exceptional credit covenant. Landlord friendly, long term leases solidify the critical importance of these
core locations to the community and Goodlife as some of their most successful locations in Canada.
(the “Advisor”) is pleased to offer for sale a 100% freehold interest in 3920 Dougall Avenue located
in Windsor, Ontario and 13275 Tecumseh Road East located in Tecumseh, Ontario (the “Properties”).
Comprising 85,434 SF of total rentable area, these freestanding retail properties are uniquely situated
in two of Windsor-Essex County’s most affluent and desirable communities of South Windsor and
Tecumseh. At 100% occupancy, the Properties are dominated by a long term tenancy with Goodlife
Fitness Centres Inc. at 75.6% of the total Year 1 Base Rent and 90% of the total Net Rentable Area.
Goodlife Fitness has a further options to renew solidifying the long term nature of the tenancy to the
respective communities.
As Canada’s largest fitness company and the 6th largest in the world, Goodlife Fitness provides an
exceptional credit covenant. Landlord friendly, long term leases solidify the critical importance of these
core locations to the community and Goodlife as some of their most successful locations in Canada.
PROPERTY FACTS
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 86,946 SF |
| Status | Active | Total Land Area | 4.37 AC |
| Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 86,946 SF |
| Total Land Area | 4.37 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Goodlife Fitness Tecumseh Manning
13275 Tecumseh Rd E, Tecumseh, ON N8N 3T4 |
Retail | 38,691 SF | 1990 | - |
|
GoodLife Fitness
3920 Dougall Ave, Windsor, ON N9G 1X2 |
Retail | 48,255 SF | 1990 | - |
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GoodLife Windsor Portfolio
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