JLL Canada Capital Markets - Spotlight 2018 2018 Capital Markets Spotlight | Page 57

Retail 429 & 445 Princess Street Kingston, ON Address 429, 445 Princess St. Property Type Freestanding Retail Close Date Apr-2018 Sale Price $7,550,000 Area (sf) 10,414 $PSF $725 Vendor KingSett Capital Purchaser Goldmanco Inc. • 429 and 445 Princess St. is a centrally- located freestanding Shoppers Drug Mart located less than 1 km away from Queen’s University and steps away from Kingston’s vibrant downtown • Shoppers Drug Mart is a best-in-class, ‘AAA’ covenant and has been occupying this space since 1990 • Located on a corner lot at the busy intersection of Princess St. and Division St. which offers premium visibility Matthew Smith Nick Macoritto [phone] [phone] [email protected] [email protected] Mark Leshchyshyn [phone] [email protected] JLL Capital Markets | 57