| Message Number | 441106 | ||||
|---|---|---|---|---|---|
| status | Active | ||||
| Subject Line | Wanted: Ontario (esp. within 4 hr drive of Toronto); Retail Plaza - preferably grocery or pharmacy anchor; $7M - $25M; 6.0% + cap rate. Pls see Comments below. | ||||
| Business area |
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| Location, City | Ontario | ||||
| Have/Want | Want | ||||
| Business category | Shopping Centres/Strip Plazas/Retail | ||||
| Date of Listing | July 24 2026 | ||||
| Type Description | To acquire retail plaza assets (stabilized or value-add). | ||||
| Location | Ontario | ||||
| Price | $7,000,000.00 | ||||
| Price Max | $25,000,000.00 | ||||
| Building area | 25000 | ||||
| Bldg Area Max | 125000 | ||||
| Site area | 3 - 8 ac | ||||
| Zoning | commercial / retail | ||||
| Cap Rate | 6.0% - approx 7.5% | ||||
| Comments | Investment Criteria:
To acquire retail plaza assets for a fund / syndicate. $7M - $25M Prefer multi-tenant. Can consider single tenant assets such as a standalone, freestanding Wal-Mart, or other big box properties with institutional-grade covenants. These cap rates could be a little lower possibly. Can consider a portfolio purchase. > 6.0 - 6.5% cap for a stabilized asset in a secondary market. If located in a tertiary mkt, then cap should go up accordingly, maybe > 7.0% cap. GLA: 25k SF - 125k SF maybe $200 - $400 / SF of bldg Site Area: approx. 3 - 8 ac If you have assets to dispose of meeting above criteria, then we could discuss. Im able to sign a CA / NDA etc if required. Would like to receive a CURRENT dated Rent Roll prepared by Seller. If Rent Roll not current dated, I cant work on it. Prefer an xlsx file - not pdf so my client and I can confirm calculations & formulas. If u have an Argus file for financial modelling, that would help too. Also need property survey. PIN # or Land Registry (or I can pull). Current property tax amount, or actual bill copy. CAM breakdown - prefer xlsx file rather than pdf. Current property insurance amount, or bill copy. Need the Asking Price, or price guidance is ok too. Cannot be unpriced. Commission fee being offered. Need to know if on MLS, or off-mkt. Note: Nothing can be done without a Rent Roll or price guidance. Without access to this, I cant do anything. Also, pls inform when Seller acquired the property, how much paid, and current motivation for disposition. Looking to build long-term relationships w agents and principals. |
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| Internet Links | |||||
| Client Details | Institutional Investor | ||||
| Client Wants | Retail Commercial | ||||
| Control | Regular Client | ||||
| Name | Tarun Gupta | ||||
| Title | Sales Representative | ||||
| View my Other Listings, Haves and Wants: | CLICK HERE! | ||||
| Company Name | Royal LePage Real Estate Services Ltd., Brokerage | ||||
| Address Line One | 4025 Yonge St, #103 | ||||
| City | Toronto | ||||
| State/Province | Ontario | ||||
| Zip/Postal Code | M2P 2E3 | ||||
| Country | Canada | ||||
| Business Phone Number | (416)479-4486 | ||||
| Cell Number | (416)479-4486 | ||||
| Home Number | (416)479-4486 | ||||
| FAX Number | 416 907 8227 | ||||
| Email Address | Send Email | ||||
| Home Page | Home Page |
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