Investment opportunity - 6.6% cap rate - 3 units (1392sqft- verified by MPAC) joined together for large footprint in mall. Sold together as one transaction. Fantastic opportunity for a turnkey commercial investment in a very well established Professional Business Centre in Richmond Hill. Long term medical services tenant (all units under one lease) has 2 years remaining on lease with escalation + 3 year option. Truly a Care-Free Investment (Owner retiring from Rental Business). Units also have rear doors which lead to a hallway and shipping area to the outside. 2 washrooms in the units. - Unit 46-521 sqft, Unit 47-480 sqft, Unit 48-391 sqft - 24 hours to view property.
EXTRAS pot lights, glass panel doors
EXTRAS: Elevator
Virtual Tour: https://youtube.com/shorts/9zzfGtIEBn8?feature=shared
Last updated on : Wednesday 8th of May 2024 09:14:00 PM
Street : #46 -48 -670 HIGHWAY 7 E
City : Richmond Hill
Province : Ontario
Country : Canada
Postal Code : L4B3P2
Property ID : N8260562
Building Type : Retail
Property Type : Retail