Lease Opportunities
1 Unit is currently available for lease. Learn More
We believe that obtaining retail space in the Village Square Mall is a valuable opportunity for your company.
Based on our analysis of the market, this market is well suited for additional retail and service locations.
Penetanguishene has a regional trading population of 83,640, with increases to well over 100,000 during the summer months.
Additionally, permanent growth in area population is projected at over 1.5%, with higher rates for semi-permanent summer residents.
This population growth combined with huge tourist potential, primarily in the summer months, provides opportunities for increased revenues.
What’s more, Penetang’s location shields retail sales from large Power Centre Communities. Natural barriers of valley and water,
ethnic diversity of the area, strength of the site and its tenants, strengths of the community, the impact of the local tourist industry
and a stable income and industry base contribute to this lucrative market opportunity.
The Village Square Mall offers low rental rates of $11-$12/ft versus large urban centres, low common area costs of $4.95/ft and
low taxes of $2.25/ft versus other malls in the market.
Our anchor tenants also draw large traffic volumes to our premises. In fact, our Tim Horton’s site has one of the largest sales
volumes north of Toronto and our Foodland and LCBO stores are the must successful operations in their class in Ontario.
We understand the value of location depends on traffic. If you are interested we can introduce you to some of our tenants who are
growing in revenue and can speak to the value added by their tenancy in the Village Square Mall.
Tenancy in our mall also provides your business with security,
maintenance, lots of parking, and snow removal during the winter months.
We understand the value of prime retail location and service and will provide you with the highest caliber of professionalism and management expertise.
Please read the list of available rental opportunities and contact us for more information about this invaluable retail opportunity.
Leaseable Space
| Office Space |
2597 SQ. FT. |
More Info |
| Mall Location: | Unit 51-53 |
| Square Feet (SQ): | 2597 |
| Rent per SQ: | $10.00 |
| Operating per SQ: | $4.95 |
| Taxes per SQ: | $2.25 |
| Annual Cost: | $44,668.40 |
| Monthly Cost: | $3,722.37 |
| Comments: | Consists of several small mens and womens washrooms and a reception area. Stairway access Includes Utilities |
|
| |
|