$2,999,000
Available - For Sale
Listing ID: X12132867
1600 Dundas Stre , London East, N5W 3C2, Middlesex
| Triple Net Lease in place until December 2029 with 2 x 5yr tenant options. Tenant is responsible for all maintenance and repairs, including capital & structural repairs upgrades. The building is 6,171 sqft, with 50 parking stalls on .7 of an acre with a full loading dock. This is a care free lease and as hands off as it gets for a for the landlord. Convenient location in the Argyle neighborhood taking up a large stretch of 247' frontage from side street to side street. Located on on busy Dundas St. just 2km away from Fanshaw College. New roof installed in 2024, Stucco exterior completed in 2020. Being offered at 5.25% cap. |
| Price | $2,999,000 |
| Taxes: | $18034.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 1600 Dundas Stre , London East, N5W 3C2, Middlesex |
| Postal Code: | N5W 3C2 |
| Province/State: | Middlesex |
| Directions/Cross Streets: | Dundas & Second St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 30698.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| RE/MAX GARDEN CITY REALTY INC, BROKERAGE |
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Shaukat Malik, M.Sc
Broker Of Record
Dir:
647-575-1010
Bus:
416-400-9125
Fax:
1-866-516-3444
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East H |
| Approximate Age: | 51-99 |
| Tax: | $18,034 |
| Fireplace: | N |
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