About PAD9 - D103

Terracap purchased the Roundhouse Centre in Windsor, Ontario in 2001 and invested in excess of $1.5M into new façade improvements. With Windsor’s history of economic stability, a low Canadian dollar, and the centre’s poor performance under Ivanhoe Cambridge, Terracap seized the opportunity to purchase the property, discontinuing weak leases, developing additional retail pads and remerchandising the centre.
 
Terracap modernised the centre with a re-façade program, dramatically improving the re-tenanting program and resulting in occupation of almost 100% of the in-line and office space. Key tenants include large retail chains such as Toys R Us, Shoppers Drugmart, HSBC, Meridian Credit Union, MacDonalds, LCBO, Pet Value, and a new 16,000 sf Lee Valley..
 
The centre boasts a prime Windsor location, across from the Devonshire Mall and next to the main east/west expressway. Currently at an 84% occupancy rate, Terracap is working to fill the centre to capacity.
  • Est. Monthly Rent: Undisclosed
  • Floor: 1
  • Size 1,200 SF
  • Type Retail
  • Gross Rent Undisclosed
  • Base Rent $25.00/SF
  • Additional Rent Undisclosed
  • Lease Direct
  • Availability Now
  • Last Updated Dec 14, 2017
  • Verified On Dec 05, 2017
  • Est. Monthly Rent: Undisclosed
  • Floor: 1
  • Size 1,200 SF
  • Type Retail
  • Gross Rent Undisclosed
  • Base Rent $25.00/SF
  • Additional Rent Undisclosed
  • Lease Direct
  • Availability Now
  • Last Updated Dec 14, 2017
  • Verified On Dec 05, 2017

About Roundhouse Centre

Terracap purchased the Roundhouse Centre in Windsor, Ontario in 2001 and invested in excess of $1.5M into new façade improvements. With Windsor’s history of economic stability, a low Canadian dollar, and the centre’s poor performance under Ivanhoe Cambridge, Terracap seized the opportunity to purchase the property, discontinuing weak leases, developing additional retail pads and remerchandising the centre.
 
Terracap modernised the centre with a re-façade program, dramatically improving the re-tenanting program and resulting in occupation of almost 100% of the in-line and office space. Key tenants include large retail chains such as Toys R Us, Shoppers Drugmart, HSBC, Meridian Credit Union, MacDonalds, LCBO, Pet Value, and a new 16,000 sf Lee Valley..
 
The centre boasts a prime Windsor location, across from the Devonshire Mall and next to the main east/west expressway. Currently at an 84% occupancy rate, Terracap is working to fill the centre to capacity.
  • Property Type Retail
  • Base Rent Undisclosed
  • Additional Rent Undisclosed
  • Monthly Rent $11
  • Gross Rent $0.06/SF
  • Availability Now
  • Lease Direct
  • Total Available Space 2,144 SF
  • Direct Available Space 2,144 SF
  • Sublet Available Space 0 SF
  • Min Divisible 1,200 SF
  • Max Contiguous 209,033 SF
  • Number Of Floors 2
  • Parking Ratio 1 per 0 SF
  • Managed By Terracap Management Inc.
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