534 Elm Street

Original Remarks

Rare opportunity to acquire a 100% leased, 7,800 SF retail plaza on 1.166 acres in the rapidly expanding south end of St. Thomas - one of Southwestern Ontario's fastest-growing markets. Five units occupied by a strong, neighbourhood-oriented tenant mix: Circle K, Pizzaworx, Upper Deck Sports Bar & Grill, Golden Dragon, and Edward Jones. The asset delivers stable in-place income with material upside as existing leases roll to current market rates. Excellent visibility, 47 parking stalls, and dense surrounding residential make this a highly accessible location. Zoned C6-1, permitting a broad range of commercial uses for long-term flexibility. St. Thomas continues to benefit from major regional investment - including the Volkswagen-backed PowerCo SE battery plant - driving sustained population growth and consumer demand. Data room access provided subject to signing confidentiality agreement.