Roundhouse Centre

3155 Howard Ave, Windsor, Ontario N8X 4Y8

Terracap purchased the Roundhouse Centre in Windsor, Ontario in 2001 and invested in excess of $1.5M into new façade improvements. With Windsor’s history of economic stability, a low Canadian dollar, and the centre’s poor performance under Ivanhoe Cambridge, Terracap seized the opportunity to purchase the property, discontinuing weak leases, developing additional retail pads and remerchandising the centre.

Terracap modernised the centre with a re-façade program, dramatically improving the re-tenanting program and resulting in occupation of almost 100% of the in-line and office space. Key tenants include large retail chains such as Toys R Us, Shoppers Drugmart, HSBC, Meridian Credit Union, MacDonalds, LCBO, Pet Value, and a new 16,000 sf Lee Valley..

The centre boasts a prime Windsor location, across from the Devonshire Mall and next to the main east/west expressway. Currently at an 84% occupancy rate, Terracap is working to fill the centre to capacity.

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Size / sf

n/a

dashboard

Units Available

7

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Rate (psf/yr)

Negotiable

layers

Number of Floors

2

local_parking

Parking

925

store

Mall Type

n/a

Features

Short Description

The Roundhouse Centre, a 216,000 sf retail / office plaza, located across the street from the dominant interior mall in Windsor, is home to several banks, retail chains and popular restaurants. Located in a prime Windsor, Ontario location the centre is currently 84%occupied, the most of the vacancy created by the construction of a new pad that is currently being tenanted.

Value

11

Features

  • Next to E.C. Row
  • Ample Parking
  • 21 retail businesses

SqFt

218,821 Sq Ft

Retail Profile

Number of Floors
2
Food Court
clear

Parking

Total Parking Stalls
925

Demographics

Primary Trade Area

Population
289,085
Number of Households
124,606
Average Household Income
$57,626.00

Secondary Trade Area

Population
344,906
Number of Households
143,711
Average Household Income
$37,330.00

Customer Profile

Anchor Tenants

Tenant
LCBO
Tenant
Toys R Us
Tenant
Shoppers Drug Mart,
Tenant
Lee Valley
SuiteSize/sfAvailabilityRate (psf/yr)Notes
201 New2,144Immediate$12.00Office Space
PAD3 - 2 11,500
(209,033)
Immediate$10.00
PAD6 - 3 4,372
(209,033)
Immediate$10.00
PAD9 - B105 New1,200Immediate$25.00
PAD9 - C104 New1,200Immediate$25.00
PAD9 - D103 New1,200Immediate$25.00
PAD9 - E102 New2,030Immediate$25.00End Cap with Drive-Thru capability