GE1 Zoned 6000 sq. ft. building with two tenants. Tenant A Enterprise Car Rental paying $84,000.00 per year net till September 30,2027 with no further options to renew. Enterprise would like to do a early renewal if purchaser wants an extremely good Tenant otherwise vacant possession of the Unit (Enterprise) would be October 1st 2027. Tenant B is also 3000 sq. ft. paying $61,800/2024, $63,800/2025, $65,550/2026, $67,500.00/2027. Tenant B has an option to renew for one 3 year term at negotiated rates. On a month to month bases Tenant A is paying $24,000 per year for 90% of the rear compound. Total present net income for 2024 is $169,800.00. (id:4069)
Address |
4430 HARVESTER Road |
List Price |
$3,500,000 |
Property Type |
Retail |
Area |
Ontario |
Sub-Area |
Burlington |
Floor Area |
6,000 Sq. Ft. |
MLS® Number |
40673403 |
Listing Brokerage |
Martel Commercial Realty Inc.
|
Basement Area |
None |
Postal Code |
L7L4X2 |
Zoning |
GE-1 |
Site Influences |
Public Transit |
Features |
Rail |