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Virtus Diversified Real Estate Investment Trust.

Property Details

Kapuskasing Mall

Property Description

Kapuskasing, ON, is a large retail mall with over 100,000 square feet of leasable space. The mall is leased by high-quality tenants such as Canadian Tire, LCBO and Shoppers Drug mart. Fun Fact: The town of Kapuskasing has a population of less than 10,000 yet it offers the perfect blend of opportunity and easy living. With a trading area of 15,000, the town offers many economic advantages and thus this mall is a destination for a one stop shop for many consumers in the area.

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Property Overview

Market Analysis

Kapuskasing is a town situated in Central Ontario, Canada, located directly on Highway 11. Kapuskasing is the largest town in the Cochrane District and second behind the city of Timmins. With a population of just over 7,700 residents, Kapuskasing is surrounded by many small communities, such as Opasatika, Val Rita-Harty, Moonbeam, Fauquier-Strickland and Smooth Rock Falls. 

 

The Major industries in the Town of Kapuskasing are accommodations, agriculture and agri-foods, construction, food service, forestry, health care, mining, renewable energy and retail.

Neighbourhood/Location

The property is situated along an arterial roadway in Kapuskasing, northeast of the downtown core of the Town.

Kapuskasing is a town on the Kapuskasing River in the Cochrane District of Northern Ontario, Canada, approximately 92 kilometres (57 mi) east of Hearst. The town was known as MacPherson until 1917 when the name was changed to Kapuskasing.

Property Management

Virtus Asset Management

Property Location

25 Brunetville Rd |  Kapuskasing, ON​

Virtus Diversified REIT offers a unique investment strategy focused on real estate diversification, cash flow, and high quality tenants.

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