SOUTHRIDGE MALL

SOUTHRIDGE MALL
FOR LEASE
HOSPITAL
N
QUICK SERVICE
RESTAURANTS
REGE
NT S
T.
MOTEL
REGENT S
T.
KE RD
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LONGL
A
MEDICAL
HOTEL
SOUTHRDIGE MALL
Availability for pop up store; both seasonal
and theme oriented
Southridge Mall, Sudbury (South), ON
S
LO
N
G
K
LA
HIGHWAY
TRANSCANADA
Future
Food Market
E
.
RD
SOUTHRDIGE MALL
Treasure Hunt
30,000 Sq. Ft.
MEDICAL
REGENT ST.
7,000 Sq. Ft.
16
High Peak has been retained to advise on the re-development and leasing of Southridge Mall, in the
southern section of Sudbury. This is an area where residential development is taking place, fueled
by a household income of $93,333 versus the market’s average of $68,126 and corresponding retail
sales. Wal-Mart opened recently in this area, Canadian Tire has refurbished their store and national
retailers are reporting high store sales with above average increases.
Southridge Mall consist of 330,000 s.f. with out-parcel proposed development of another 100,000
s.f. National retailers have expressed interest coupled with the re-merchandising of the mall, a new
TSC Stores and Fabricland, Southridge Mall will become a destination point within its trade area of
Sudbury South.
Market Profile
PO Box 5000, STN A
200 Brady Street
Sudbury, ON P3A 5P3
(705) 671-2489
Sales by Type of Goods
RetailRetail
Sales
by Type of
as % of Total Sales
Goods as % of Total Sales
AVERAGE HOUSEHOLD
EXPENDITURES (2012 ESTIMATES)
Food
7,798
Shelter
14,384
Clothing
3,157
Transportation
10,354
Health & Personal Care
3,403
Recreation, Reading & Education
5,615
Taxes & Securities
18,784
Other
Sporting, Hobby, Music & k
%
Book, 1.4%
Misc, 3.4%
Misc, 3.4%
General Merchandise, 9.5%
Clothing & Cloth. Accessories, 4.0%
Health, Personal Care, 19.0%
Furniture, 1.3%
Home Furnishings, 0.9%
$74,821
Expenditures are averages for al lhousehold types combined. The average
household size in Greater Sudbury is 2.4 persons (2006 Census).
Source: FP Markets Canadian Demographics 2012; Greatuer Sudbury CMA. Total
may not sum due to rounding.
Electronics & Appliances, 1.7%
Beer, Wine, Liquor, 3.3%
Convenience & Specialty Convenience & Specialty
Foods, 2.4%
Facts about Greater Sudbury
Sudbury’s mining economy is also an area
influenced by science and technology
sectors. The Creighton Mine site in Sudbury
is home to the Sudbury Neutrino Observatory.
The underground laboratory has been
enlarged and continues to operate other
experiments at SNOLAB. This laboratory will
be the world’s deepest underground facility.
The SNO equipment has been refurbished for
use in the SNO+ experiment.
Gas Stations 14 8%
Gas Stations, 14.8%
11,326
TOTAL
Motor Vehicle & Parts Dealers, 19.3%
D l
19 3%
17
Supermarkets, 15.2%
Bldg., Mat., Garden Equip. & Supplies, 3.6%
Population Growth in Greater Sudbury
Year
Population
±%
2001
155,219
—
2006
157,857
+1.7%
160,274
+1.5%
2011
Source: Statistics Canada; 2006 Census of Canada.
20,000 SF
TREASURE
HUNT
20,000 SF
7,000 SF
FABRICLAND
TSC STORE
LOCATION
Greater Sudbury South, Ontario
INTERSECTION
Regent Street, Long Lake Road
GLA
330,000 Sq. Ft.
ANCHOR TENANTS
SportChek, TSC Stores, Fabricland, Treasure Hunt
2014 POPULATION
BY AGE
population
DEMOGRAPHIC HIGHLIGHTS
2 KM
5 KM
10 KM
2015 Total Population
12,504
35,913
88,220
2018 Total Population
12,629
36,308
89,227
2015 Daytime Population
54,413
146,900
337,361
2015 Daytime Employees
29,705
81,171
216,474
0 - 19 years
2,204
6,000
16,254
20 - 29 years
1,728
6,010
13,969
30 - 49 years
2,611
8,442
21,319
50+ years
5,961
15,461
36,678
$96,187
$85,598
$80,707
< $20,000
544
2,592
6,743
$20,000 - $39,999
758
3,065
7,648
$40,000 - $59,999
1,049
3,129
7,201
$60,000 - $79,999
744
2,006
4,584
$80,000 - $99,999
688
1,625
3,675
$100,000 and over
2,085
4,979
10,742
INCOME
2015 Average Household Income ($)
Source: Magnify Maps (PBBI Canada)
The City of Greater Sudbury functions as a regional shopping destination, servicing a catchment area extending across
Northeastern Ontario. There are approximately 380,000 people living within a 160km radius of Greater Sudbury based
on the 2011 Census. Our market profile has been strengthened by the continuing diversification of the City’s retail
environment, more specifically the new Fabricland and TSC Stores at Southrdige Mall as well as the ongoing expansion
of large format retail sector such as Walmart and Canadian Tire. Additionally, Shoeless Joes, St. Louis Wings, Tutti Frutti,
A&W, Plucker’s Chicken, Smith’s Market, Hilton Garden Inn and Homewood Suites, all of which are within 2km of the mall,
indicate the growth in retail and hospitality in the south.
Greater Sudbury’s buying power compares favourably to other cities when measured by retail sales per capita and
personal income per capita. Based on retail sales per capita, the Greater Sudbury census metropolitan area is ranked
15th of 39 Canadian urban markets of 100,000 or more population. When income per capita is compared across cities,
the local market is ranked 24th of 39 major urban centres. A total retail sales estimate of more than $2.44 billion in
2011 establishes Greater Sudbury as the premier retail centre of Northeastern Ontario (Source: FP Markets Canadian
Demographics 2011). Sudbury’s retail sales per capita are $19,366, compared to Ottawa and Toronto which are $12,064
and $11,185 respectively.
LEASING CONTACT
Fabio Fiumana
McCOR Realties (Ontario) Inc.; Brokerage
Sales Associate
T: 647-722-6472 x211
F: 647-722-6475
E: [email protected]