1.975 ACRE CORNER LOT WITH ANCHOR TENANT OF TIM HORTON AND BEER STORE; LONG ESTABLISHED TENANT AT THE PROPERTY;APPROVAL ON HAND FOR BUILDING GAS STATION AS WELL IF BUYER IS INTERESTED.DO NOT GO DIRECT OR TALK TO EMPLOYEES; 5.5% CAP RATE TO THE BUYER ON CURRENT INCOME AND FURTHER GROWTH IS POSSIBLE; Beer Store is extending their lease for two years and thereafter they will reduce their floor area and renegotiated rent at market rate and this is subject to approval of drive through from the city for their customers. Gas station convenience store will use the space released by beer store; all offers welcome.
Extras
PLEASE DO NOT GO DIRECT WITHOUT NOTIFYING THE LISTING BROKERAGE DO NOT TALK OR ASK ANYTHING FROM THE TENANTSALL INFO WITH THE LISTING BROKERAGE; SEND CONFIDENTIALITY AGREEMENT AS ATTACHED TO GET ACCESS TO THE DATA
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Detailed Information
Freestanding
Y
Lot
278.8 x 312.7 ft
Retail Area
13,382 ft2
Total Area
13,382 ft2
Approximate Age
31-50
Air Conditioning
Y
Basement
N
Chattels
N
Garage Type
None
Heat Type
Gas Forced Air Closd
Financial Statement
N
Outside Storage
N
Area Influences
Major Highway, Public Transit
Soil Test
Y
Sprinklers
Y
Sewers
San Avail
Utilities
Y
Water
Municipal
UFFI
No
Crane
N
Survey
N
Lot/Bldg/Unit Code
Lot
Zoning
COMMERCIAL RETAIL
Seller Property Info Statement
N
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