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Investment Opportunity for Two Buildings in a High Traffic Area
360 Elmwood is home to a Starbucks with a drive thru. 370 Elmwood is a multi-tenant commercial building which is home to several established tenant's including: Freddie's Pizza, Jack's Bar, Spoon Sushi and Canadian Plasma Resources. Appropriate financial documentation can be provided to qualified buyers upon signing of a Non-Disclosure Agreement.
Elmwood Drive is one of Moncton’s busiest streets with an annual average daily traffic count of 22,543. It is quickly becoming one of the most desirable property locations in the Greater Moncton Area. It is surrounded by commercial, retail and residential properties.
In the immediate surrounding area there’s a $50 million retirement complex (housing +/- 350 seniors and 150 employees), Université de Moncton (home to approximately 4,907 and employer to 434 administrative employees), the Moncton Stadium ($17 million venue opened in 2010) and several dense residential neighborhoods.
Within a 5 KM Radius of 360-370 Elmwood Drive you will also find:
> Both Major City Hospitals
> Several Grocers/ Retail Stores including the new Costco
> Irishtown Nature Park (and several community Parks)
> Pharmacies/Medical Clinics
> Restaurants/Coffee Shops
Moncton’s bilingual and diverse workforce, growing economy and central location in Atlantic Canada make it one of the best places in Canada to do business. Moncton was once again named the most cost-competitive city in the US and Canada by KMPG.