| Message Number | 433932 | ||||||||
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| status | Active | ||||||||
| Subject Line | Single Tenant Barburrito Mexican Grill Investment Property for Sale, Corporate 10 year lease | ||||||||
| Business area |
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| Location, City | Near Chatham Ontario | ||||||||
| Have/Want | Have | ||||||||
| Business category | Shopping Centres/Strip Plazas/Retail Commercial Buildings/Hotels/Motels Net Leased Investment |
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| Date of Listing | May 16 2025 | ||||||||
| Type Description | Single Tenant Investment Property | ||||||||
| Location | Near Chatham Ontaro | ||||||||
| Price | $699,000.00 | ||||||||
| Price Comment | For Sale | ||||||||
| Building area | 1249 | ||||||||
| Net Income | 38720 | ||||||||
| Cap Rate | 5.5% | ||||||||
| Comments | Excellent Investment Opportunity
Fully leased to BarBurrito Mexican Grill (150+ locations across Canada) under a corporate 10-year lease with 8 years remaining. Includes a rent increase after the first term. * Tenant pays all TMI directly * 5.5% cap rate based on current net income *Contact us for more details. |
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| Internet Links | |||||||||
| Broker's Recommendation | No co-op commission in this property | ||||||||
| Control | Exclusive | ||||||||
| Name | Harish Arora | ||||||||
| View my Other Listings, Haves and Wants: | CLICK HERE! | ||||||||
| Title | Broker | ||||||||
| Company Name | Century21 People's Choice Realty Inc., Brokerage | ||||||||
| Address Line One | 1780 Albion Rd. | ||||||||
| City | Etobicoke | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | M9V 1C1 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (416)742-8000 | ||||||||
| Cell Number | 647-203-4444 | ||||||||
| Home Number | 647-203-4444 | ||||||||
| FAX Number | 416-742-8001 | ||||||||
| Email Address | Send Email |
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