About Parallel Marketplace

Avison Young is pleased to present the opportunity to purchase Parallel Marketplace. This offering consists of a 100% freehold interest in a 69,338 square foot (sf ) retail centre on 5.73 acres of land. The property is 91.4% leased to 11 tenants in 4 buildings. Over 50% of the retail area is occupied by SaveOn-Foods, of the Overwaitea Food Group. This anchor tenancy represents 41% of the rental income. This property features a prominent location on North
Parallel Road directly adjacent to Trans Canada Highway #1.
  • Property Type Retail
  • Zoning C3 Community Commercial Zone C
  • Status Existing
  • Sale Price Undisclosed
  • Total Available Space 69,338 SF
  • Direct Available Space 0 SF
  • Sublet Available Space 0 SF
  • Min Divisible 0 SF
  • Max Contiguous 0 SF
  • Building Size 69,338 SF
  • Year Built 2010

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