Alliston – Open Centre – 30 King St South

Nicole Moniz at Choice Properties REIT is preleasing a retail expansion to its Zehrs Markets site at Young St. and King St. South in Alliston, a community located in Simcoe County between Barrie and Newmarket, just 15 minutes west of Hwy 400.  The rapidly growing community has a current population of approximately 36,000, with high growth projected over the next ten years. A considerable amount of development is already in place to accommodate the influx of new residents.  The Zehrs anchored site is immediately adjacent to Canadian Tire-anchored Alliston Mills Shopping Centre and shares parking and accesses with the 270,000 square foot open centre.   The proposed development will consist of two freestanding pad buildings at the Young/Hwy 89 and King corner.  Construction will commence in Spring 2018 on the 8900 square foot new-build project for Fall 2018 possession. One of the pads will be a 2400 square foot Starbucks with a drive-thru.  The second building is a shared pad of 6500 square feet.  A 1200 square foot BarBurrito Mexican quick service restaurant is already committed leaving about 5300 square feet available for lease.  Suggested uses include nail/hair salon, restaurants, pet supplies, dental, medical, tutoring, etc. The site offers strong exposure on the traffic-lit corner. Units are available from 1200 square feet.

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Choice Properties REIT, 22 St. Clair Ave. East, Suite 500, Toronto, Ontario M4T 2S5 (Nicole Montiz – 416/324-7858 nicole.montiz@choicereit.ca)