$3,500,000
( $583.33Per Sq Foot )
$18,789 forsale estimated payment Sourced by Back At You4430 Harvester Road , Burlington, ON L7L 4X2
Burlington, ON L7L 4X2
Description
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.
Details
| Mls | 40673403 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Days On Site | 33 |
| Listing Provided By | Martel Commercial Realty Inc. | Scott Overell |
Features
| Sq Feet | 6,000 |
|---|---|
| Storys | 1 |
| Zoning | GE-1 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Halton |
| City | Burlington |
| Zip Code | L7L 4X2 |
| Area | 32 Burlington |
| Subarea | 321 Longmoor |
| Community Name | 321 Longmoor |
| Listing VS Median (in 321 Longmoor) | |
Price: $3,500,000 low | high Med: $894,950 SqFt: 6,000 low | high Med: 1,186 $ / SqFt: $583 low | high Med: $781 On Site: 33 low | high Med: 27.000000 | |
Listing Updated: December 7, 2024 at 9:22:40 PM PST