Random Square Mall

Partners Global in partnership with Martek is pleased to exclusively offer Random Square, a 68,383 sq. ft. retail shopping plaza located at 69 Manitoba Drive in Clarenville, NL. Located on a 13.64-acre lot and ideally positioned off the Trans-Canada Highway, the plaza benefits from high-visibility, strong frontage, and excellent access to amenities within a key service hub for Eastern Newfoundland. Constructed in 1981, this one-storey commercial property features ample on-site parking and is anchored by Rossy and Dollarama, and shadow-anchored by Sobeys and Newfoundland Liquor Commission (NLC), which the seller will retain by way of a leasehold interest.

With some recently renewed leases and a low vacancy rate, Random Square offers income opportunities for both owner-occupiers and investors seeking dependable demand. The plaza represents a strong investment opportunity in a well-established and growing node.

Key Highlights: 

• 108,412 sq. ft. shopping centre in the heart of Clarenville
• National tenant mix
• The property is 91% occupied (inclusive of Sobeys and Newfoundland Liquor Commission)
• High-visibility location in regional shopping hub
   

This asset is being sold unpriced. For access to the Virtual Data Room, fill out the Confidentiality Agreement and send a sign copy to Matt Ross at matt@partnersglobal.com