About 675-709 Pine Street

M+H Properties Ontario Plazas L.P. (Vendor) is offering for sale a 100% freehold interest in Pine Plaza, a well-established grocery anchored retail and service destination located at 691-709 Pine Street, Sault Ste. Marie, Ontario. The plaza comprises 42,455 square feet of rentable space and enjoys 97.64% occupancy. Anchored by a high-performing grocery tenant with long-term lease options, Pine Plaza is positioned at the heart of a high-density residential neighborhood, making it a key shopping and service hub for the local community. Recent renovations, completed in 2023, have revitalized the property, enhancing the façade for all tenant spaces except the grocer. The plaza benefits from high daily traffic patterns, a strong tenant mix, and offers future growth opportunities, including a permit approved pylon sign opportunity and the potential for an endcap drive-thru, adding further upside in rents and improvement in tenant profile

Additional Details