1st Floor - Unit 100
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Retail
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4,398 SF
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$972,554 USD
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Unit Size: 4,398 SF
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Condo Use: Retail
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Price: $972,554 USD
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Sale Type: Investment
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Price/SF: $221.14 USD
Description
Commercial condo of 4398 SF. Rented to a triple AAA tenant (National Bank of Canada) Gross income of $129,463.10 Net income of $82,535 Lease until April 30, 2027 with 2 lease extension options for a duration of 5 years each. The National Bank of Canada has been a tenant since 2008. Extremely well maintained building, recently constructed in 2007. Very well located at the entrance to the city and opposite a shopping center.
Sale Notes
Take note that the margin for negotiation is low or even non-existent.
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