Link Copied
$--,---,---
009
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 2150 sqft
Garage No
Maintenance Fees 
Taxes $5,772
Days Active 8
Approx. Age 1950
Avg. Price Per Sqft $111
MLS® Number R1612924

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime Commercial Property with Stable Long-Term Tenant Opportunity. This 2, 150 sq. Ft. Commercial property offers an incredible investment opportunity with an 8% cap rate and a reliable tenant already in place. Located on a high-visibility street with a daily traffic count of 16, 835, this property is perfectly positioned to capture consistent foot and vehicle traffic. Currently occupied by the building owner, who wishes to sell and lease back, this property ensures a stable and hassle-free income stream. The building owner is prepared to sign a Triple Net (NNN) Lease at $1, 750 per month. Flexible lease options are available, including a 10-year lease or a 5-year lease with two additional 5-year renewal options, providing versatility and long-term stability for potential investors. Recent upgrades add to the building’s appeal, with a new heating system installed just 1.5 years ago, ensuring efficient climate control and reducing maintenance concerns. This property combines excellent visibility, predictable returns, and a strong commercial presence. Don’t miss out on this rare opportunity to secure a long-term tenant with favorable lease terms in a high-traffic location.Show Description
MLS® NumberR1612924
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1950
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Pump, Other, See Remarks, Zoned
A/CHeat Pump, Zoned
Heating Fuel

Extras

Building Only

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing