Located in high growth region with added development opportunity
Colliers International as advisor to Rosen Goldberg., in its capacity of Court Approved Receiver of Mill Street Ventures (collectively the “Vendor”) is pleased to offer for sale a 100% freehold interest in 305 Mill Street, Angus ON, a recently constructed retail plaza on 4.71 acres of land in total with 2.97 acres of vacant land remaining for additional residential / commercial development. The drive through retail component was constructed in 2021 and is 100% leased to a roster of quick serve restaurants including Starbucks, KFC, A&W, and Mucho Burrito boasting an impressive WALT. The property is located just a 15-minute drive west of Barrie, Ontario and benefits from high vehicular traffic in a highly desirable retail/residential location. The site is strategically located as a shortcut to Collingwood and Wasaga Beach while serving as a northern gateway into and out of the town of Angus. 305 Mill Street represents a unique opportunity for an investor/developer to acquire a turnkey retail plaza with premium tenant covenant and favourable cash flow with additional value add potential for further development in a growing area of Simcoe County.
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