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$245,000 · Commercial for sale with over 7% return

Investor Alert!! Fantastic passive income opportunity. Right in Sorrento, Approx 1 hour East of Kamloops on Trans Canada Highway or 25 mins West of Salmon Arm.
3 Seperate Strata Titles which include two units with a vet Clinic and Health Food Store as Tenants. The rest of the building is mixed Commercial and Residential. Prime Commercial Location on the Trans Canada Highway. Both leases are Triple Net. One tenant has a 2 year term and willing to sign a further 5 year term at the sale date and other tenant has a new 5 year term. Showing over 7% return at list price. New 50 year Shenandoah Shingle Roof by Landmark in the last 5 years. This type of return for this little work is not easy to find. Combined floor space of the 2 units is

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Ad Id28187156
CategoryComm. Property Sales
PostedSeptember 15, 2016
Renewed December 19, 2016
Expiry January 18, 2017
Details New
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