Description

CBRE Limited is pleased to offer for sale Units G01-G02 at 1455 Lakeshore Road, a rare waterfront-oriented retail investment in the heart of Downtown Burlington. The offering comprises 5,891 sq. ft. of interior space together with an exceptional 1,248 sq. ft. outdoor patio overlooking Lake Ontario. The property is fully leased on a triple-net basis (net to Tenant) to Pepperwood Bistro, a long-standing Downtown Burlington restaurant and established destination at this location. The lease provides secure, contractually escalating income through March 31, 2034, with a further three-year extension option. Annual net rent increases from $285,953 in the current lease year to $343,291 by the final year of the committed term-growth of approximately 20%. The offering combines durable in-place income with the intrinsic value of an exceptionally scarce restaurant location. It's expansive lakeview patio, prominent Lakeshore Road address and proximity to Burlington's waterfront, Spencer Smith Park and established downtown amenities create a competitive advantage that would be difficult to replicate. Continued residential and mixed-use intensification along the Lakeshore corridor is expected to further expand the surrounding customer base and reinforce demand for well-positioned hospitality and experiential retail space. 5-storey parking garage adjacent to the property.

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