6,745 - 23,522
ft2
Retail
Sale/Purchase
Contact us for price
Description
The Asset Is Located On Bathurst South Of Steeles, And Is Fully Leased To Canada Post Corporation Until 2024. The Offering Provides A Unique Opportunity For An Investor To Benefit From Stable Cash Flows Backed By A Crown Corporation, And/Or A Developer Looking To Re-Position The 23,522 SF Site Upon Lease Expiry. Current NOI Is $225,000 Per Annum.
Amenities
Key Highlights:
- 6,745 SF one storey distribution centre fully leased to Canada Post Corporation with eight (8) years of term remaining
- Ample on-site parking
- Large site area and in-place zoning (RD F15.0; A550) provides opportunity for intensification through future redevelopment
- Located in residential area with high foot and vehicular traffic
Property Details:
- Frontage: 98.7 FT
- Depth: 238.2 FT
- Site Area: 23,522 SF
- Building Area: 6,745 SF
- Year Built: 1974
- Parking: Twenty (20) Surface Spaces
- Zoning: RD F15.0; A550
- Official Plan: Mixed Use Area
