Situated in a prime location in Orleans, this fully rented 2152 square foot stand alone building sits on a 16340 square foot lot fronting on St Joseph blvd. This turn key investment property offers a renovated building, ample parking and a 10 year lease. The current tenant is on a ten year lease which ends August 31, 2033. Current rent is $19.50 per square foot or $41964.00 per annum. Rent escalation to take place each year through 2033. Tenant pays an additional rent of $12.01 per square (property taxes, insurance, maintenance). Tenant pays all utilities. (id:47423)
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Detailed Information
Lot
140 x 116.25 ft
Listing Contract Date
2024-04-24
Municipal ID
044140470
Ownership Type
Freehold
# of Parking Spaces
12
Property Type
Office
Transaction Type
For sale
Zoning Description
AM3
Building
Land
Total Size
139.99 ft X 116.26 ft
Size of Irregular Land
139.99 ft X 116.26 ft
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