- ©MLS 10320165
- Area 18000 sq ft
Description
This in a AAA Commercial Real Estate investing Opportunity. There are 2 solid tenants paying Basic Rent plus all operating costs. The asking price reflects a realistic CAP rate (return rate) for a building of this type and offers the Investor a very stable and growing cash flow return on investment. The property is .65 Acres located directly facing Highway 97 for excellent visibility with 164 feet of Highway frontage. It is a 2010 built AAA Commercial quality building which is approximately 18,000 Sq ft plus a 4700 Sqft Parking garage. There is ample surface parking, a cul-de-sac with street parking and easy access to get in and out via the highway with both a left and right turn off the highway then though an easy round-a-bout avoiding lights and delays. Timely maintenance, painting and upgrades to HVAC etc have been done as required and the building shows very well. (id:48970) Show More
Details
- Constructed Date: 2010
- Property Type: Retail
- Type: Retail
- Community: VCA Veterinary Hospital
- Neighbourhood: Lake Country North West
Location
Similar Properties
For Sale
$ 339,900 $ 276 / Sq. Ft.
- 10326000 ©MLS
- 2 Bedroom
- 2 Bathroom
For Sale
$ 557,000 $ 405 / Sq. Ft.
- 10331930 ©MLS
- 3 Bedroom
- 3 Bathroom
For Sale
$ 7,900,000
- 10311489 ©MLS
- 0 Bedroom
- 0 Bathroom
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association