Free standing investment property with prime exposure on Highway 7.


Property

Website:https://www.nestseekers.com/5427229
Address:
Markham L3P 1A5
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C2,498,000
($1,829,600)
(€1,553,200)
Annual Taxes:C21,002.37

Description

Free-standing investment property with prime exposure on Highway 7. Former Tom's Burgers with many permitted uses. 1,800 sf main floor plus 1,500 sf basement. Clean environmental done in 2020. Currently leased to a top brand franchise. Tenant willing to stay or will consider selling the business if purchaser wants vacant possession. Current lease until June 2032 with escalations, with two - 5 year options to renew with strong franchise covenants. New roof shingles, downspouts, all new electrical, and main floor flooring installed in 2022.

Amenities

  • Major Highway
  • Public Transit

Contact

505 Park Ave, New York, NY 10022