For Sale - Retail Plaza

1. GRIFFIN STREET NORTH
SMITHVILLE,ON
144&176
FOR SALE
ALI ASGARY*, CCIM
ASSOCIATE VICE PRESIDENT
INVESTMENT & LAND DEVELOPMENT
416 756-5430
ali.asgary@cushwake.com
ADAM WATSON*
ASSOCIATE
LEASING & INVESTMENT
416 756-5423
adamg.watson@cushwake.com
CUSHMAN & WAKEFIELD ULC, BROKERAGE
INVICTA REALTY & PROPERTY MANAGEMENT LTD., BROKERAGE
* SALES REPRESENTATIVE **BROKER
ENZO PERRUZZA**
BROKER OF RECORD
416 652-6100
eperruzzo@trebnet.com
GRIFFINSTREETN
FULLY LEASED NEIGHBOURHOOD PLAZA
BROCKSTREET
CONVENIENT ST

2. 144 & 176 GRIFFIN STREET N
FOR SALE | SMITHVILLE, ON
LOCATION
144 & 176 Griffin Street North is situated at the main intersection of St.
Catherines Street and Convenient Street in Smithville, located in the
township of West Lincoln, Ontario.
PROPERTY DETAILS
REGION: NIAGARA
YEAR BUILT: 1985
LOT SIZE: 1.40 ACRES
LEASABLE AREA: 22,853 SF
PROPERTY TAX: $67,329 (EST. 2019)
PARKING: 73 STALLS (3.19 per 1000 SF)
ZONING: C1 - CORE COMMERCIAL
NOI: $193,229 (Mar. 2020 YE)
PRICE
$3,650,000 ($159.71 PSF)
©2019 CUSHMAN & WAKEFIELD ULC, BROKERAGE. ALL RIGHTS RESERVED. THE INFORMATION CONTAINED IN THIS COMMUNICATION IS STRICTLY CONFIDENTIAL. THIS INFORMATION HAS BEEN OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE BUT HAS NOT BEEN VERIFIED. NO WARRANTY OR
REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE,
RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.
*SALES REPRESENTATIVE **BROKER
ALI ASGARY*, CCIM
ASSOCIATE VICE PRESIDENT
416 756-5430
ali.asgary@cushwake.com
ADAM WATSON*
ASSOCIATE
416 756-5423
adamg.watson@cushwake.com
ENZO PERRUZZA**
BROKER OF RECORD
416 651-6100
eperruzza@trebnet.com
COMMENTS
• Anchored by diverse tenant mixture; Dollarama, Guardian Drug
Mart, Nino Pizza, Smithville Dental Centre, twisted grapes
• Excellent exposure onto Griffin Street North/Highway #14
• 246 feet of frontage
• Plaza consists of multiple ingress/egress points
• Half an hour drive away from St. Catherines, Ontario
1
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3
1 2 3
4
5
4
5
East side view

3. ALI ASGARY*, CCIM
ASSOCIATE VICE PRESIDENT
416 756-5430
ali.asgary@cushwake.com
ADAM WATSON*
ASSOCIATE
416 756-5423
adamg.watson@cushwake.com
• Apartment dwelling
• Art gallery
• Commercial school
• Communications establishment
• Dry cleaning/laundry depot
• Financial institution
• Funeral home
• Office, medical office
• Personal service shop
• Place of entertainment
• Recreation facility
• Restaurant
• Retail store
• Service shop
• Studio
• Veterinary hospital
• and more
ZONING & PERMITTED USES
CORE COMMERCIAL (C1)
OFFICIAL PLAN
COMMERCIAL CORE
Subject Property
Subject Property
Objectives:
• To protect and enhance the character of the historic Downtown
• To promote new development in appropriate locations and at an
appropriate scale
• To ensure that new development is compatible with existing
development patterns
• To create new programs, policies and/or financial mechanisms for
ensuring a high standard of urban design Downtown
• To enhance the appearance and encourage the maintenance of
commercial and residential buildings
• To encourage the provision of sufficient parking to accommodate new
development
•
144 & 176 GRIFFIN STREET N
FOR SALE | SMITHVILLE, ON
©2019 CUSHMAN & WAKEFIELD ULC, BROKERAGE. ALL RIGHTS RESERVED. THE INFORMATION CONTAINED IN THIS COMMUNICATION IS STRICTLY CONFIDENTIAL. THIS INFORMATION HAS BEEN OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE BUT HAS NOT BEEN VERIFIED. NO WARRANTY OR
REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE,
RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.
*SALES REPRESENTATIVE **BROKER
ENZO PERRUZZA**
BROKER OF RECORD
416 651-6100
eperruzza@trebnet.com

4. ALI ASGARY*, CCIM
ASSOCIATE VICE PRESIDENT
416 756-5430
ali.asgary@cushwake.com
ADAM WATSON*
ASSOCIATE
416 756-5423
adamg.watson@cushwake.com
DEMOGRAPHICS 2018
AVERAGE
HOUSEHOLD INCOME
5 Kilometer 7,632 $96,798 $102,577
10 Kilometers 26,613 $114,275 $119,591
15 Kilometers 67,422 $110,411 $115,159
AVERAGE TOTAL
CURRENT CONSUMPTION
TOTAL
POPULATION
Financial Services - 7 (50.0%) Restaurants - 5 (35.7%) Cafes - 1 (7.1%) Personal Care - 1 (7.1%)
RETAIL LANDSCAPE
QEW
406
20
TRAFFIC COUNT
Traffic count on Griffin Street N and
Convenient Street:
5,700 VEHICLES PER DAY
144 & 176 GRIFFIN STREET N
144 & 176 GRIFFIN STREET N
FOR SALE | SMITHVILLE, ON
©2019 CUSHMAN & WAKEFIELD ULC, BROKERAGE. ALL RIGHTS RESERVED. THE INFORMATION CONTAINED IN THIS COMMUNICATION IS STRICTLY CONFIDENTIAL. THIS INFORMATION HAS BEEN OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE BUT HAS NOT BEEN VERIFIED. NO WARRANTY OR
REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE,
RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.
*SALES REPRESENTATIVE **BROKER
ENZO PERRUZZA**
BROKER OF RECORD
416 651-6100
eperruzza@trebnet.com

5. ALI ASGARY*, CCIM
ASSOCIATE VICE PRESIDENT
416 756-5430
ali.asgary@cushwake.com
ADAM WATSON*
ASSOCIATE
416 756-5423
adamg.watson@cushwake.com
SITE PLAN
SMITHVILLE
Dental Center
GRIFFINSTREET
BROCKSTREET
CONVENIENT STREET
144 & 176 GRIFFIN STREET N
FOR SALE | SMITHVILLE, ON
©2019 CUSHMAN & WAKEFIELD ULC, BROKERAGE. ALL RIGHTS RESERVED. THE INFORMATION CONTAINED IN THIS COMMUNICATION IS STRICTLY CONFIDENTIAL. THIS INFORMATION HAS BEEN OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE BUT HAS NOT BEEN VERIFIED. NO WARRANTY OR
REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE,
RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.
*SALES REPRESENTATIVE **BROKER
ENZO PERRUZZA**
BROKER OF RECORD
416 651-6100
eperruzza@trebnet.com

6. ALI ASGARY*, CCIM
ASSOCIATE VICE PRESIDENT
416 756-5430
ali.asgary@cushwake.com
ADAM WATSON*
ASSOCIATE
416 756-5423
adamg.watson@cushwake.com
SURVEY
144 & 176 GRIFFIN STREET N
FOR SALE | SMITHVILLE, ON
©2019 CUSHMAN & WAKEFIELD ULC, BROKERAGE. ALL RIGHTS RESERVED. THE INFORMATION CONTAINED IN THIS COMMUNICATION IS STRICTLY CONFIDENTIAL. THIS INFORMATION HAS BEEN OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE BUT HAS NOT BEEN VERIFIED. NO WARRANTY OR
REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE,
RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.
*SALES REPRESENTATIVE **BROKER
INVICTA REALTY & PROPERTY MANAGEMENT LTD., BROKERAGE ©2019 ALL RIGHTS RESERVED. THE INFORMATION CONTAINED IN THIS COMMUNICATION IS STRICTLY CONFIDENTIAL. THIS INFORMATION HAS BEEN OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE BUT HAS NOT BEEN VERIFIED. NO
WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS,
CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY
PERFORMANCE. *SALES REPRESENTATIVE **BROKER
ENZO PERRUZZA**
BROKER OF RECORD
416 651-6100
eperruzza@trebnet.com