| Message Number | 403419 | ||||||
|---|---|---|---|---|---|---|---|
| status | Active | ||||||
| Subject Line | HAVE: AAA TENANT RETAIL PLAZA 100% LEASED. 1.5 HRS WEST OF GTA. 5% Cap Rate. $10.9M. BUSY CORNER PROPERTY. | ||||||
| Business area |
|
||||||
| Have/Want | Have | ||||||
| Business category | Shopping Centres/Strip Plazas/Retail Office & Medical Buildings Announcements, News (NOT Haves/Wants) Net Leased Investment Confidential |
||||||
| Date of Listing | December 9 2021 | ||||||
| Price | $10,900,000.00 | ||||||
| Cap Rate | 5% | ||||||
| Comments | Corner Lot Area: 1.64 Acres
Total GLA: 18,453Sqft GLA Leased: 100% (immediate UPSIDE potential) Long-Term Tenant Mix: -Big Bank W / Drive-Thru, National Fast Food Chain W / Drive-Thru [updated], Franchised Tutoring, Hearing Facility,-Upper level & Basement Tenant (landlord can replace anytime) Net Income: $540,000+ (with escalations & upside potential) Assumable Mortgage @ 2.95% Asking: $10,900,000 Shadow Anchors: Loblaws, LCBO, Michaels, Staples, Canadian Tire & Mastermind Toys. Surrounding Tenants: Swiss Chalet, Boston Pizza, Mark's, TD Bank, Home Depot, JSYK, Home Sense, Starbucks, Burger King, Toys"R"us, EastSide Marios, RBC Bank, Beer Store, Popeyes, Marble Slab, Buffalo Wild Wings, Bed Bath & Beyond, Marshalls, Sport Check, Urban Barn, CIBC Bank, Milestones, & Much More!) Area Insights: Vehicle Traffic count of 48,500 |
||||||
| Internet Links | |||||||
| Member Identifier | 10559 | ||||||
| Client Details | Active Investor | ||||||
| Client Situation | New Opportunity | ||||||
| Clients Objective | Opportunity | ||||||
| Motivation Rating | All Cash at Retail | ||||||
| Client Will | Provide Financial Statement | ||||||
| Client Wants | Cash | ||||||
| Control | Exclusive | ||||||
| Name | Russell Robson | ||||||
| Title | Broker | ||||||
| Company Name | Re/Max Realty Specialists Inc., Brokerage | ||||||
| Address Line One | 6850 Millcreek Drive | ||||||
| City | Mississauga | ||||||
| State/Province | Ontario | ||||||
| Zip/Postal Code | L5N4J9 | ||||||
| Country | Canada | ||||||
| Business Phone Number | (647)612-0002 | ||||||
| Cell Number | (647) 292-3980 | ||||||
| Home Number | (905) 858-3434 | ||||||
| Email Address | Send Email | ||||||
| Home Page | Home Page |
Provided By The ICIWorld Global Association of Real Estate Brokers and Salespeople Founded 1994.
Mailing Address: 131 Bloor St. W., Suite 200, Toronto, Ontario M5S 1R8
Canada 416-777-2633. USA 954-317-2327