Income Property Real Estate Agency
  • Residential units: 0
  • Floors: 1
  • Asking price: $539,000.00
  • Heating: Tenant paid
  • Hot water: Tenant paid
  • Land: 1,291.5 m² (13, 902 ft²)
  • Building size: 0 x 0 m (0 x 0 ft)
  • Building floor area: 0 m² (0 ft²)
  • Parking: 23 outdoor spaces
  • Year built: 0
Excellent opportunity for an investor to acquire a single tenant retail property fully leased to KFC on a long term basis. Corner location shadow anchored by Canadian Tire. Great frontage benefits from tremendous vehicular, walk-in traffic. Net,net,net carefree lease.Asking cap rate of 7.06%. Asking price below replacement cost. Excellent ROI. Net Lease: Note the lease began on November 10 2003. Completely net net net and carefree to the Landlord. Landlord is not responsible during the Term for any costs , charges, expenses or outlays of any nature arising from or relating to the Leased Premises or the ownership use or occupancy thereof, and the Tenant shall pay all such costs charges, expenses and outlays. Financing: None, to be purchased free and clear

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