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$245,000 · 7% return commercial Great passive investment

3 Seperate Strata Titles made into two seperate units. Prime Commercial building located on the Trans Canada Highway. Fully occupied by two long term Prime tenants. Both leases are Triple Net. One tenant has less than 1 year term and willing to sign a further 3-5 year term. 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. Back unit has fantastic lake view and potential to develop into residential unit in the future.

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Ad Id28350995
CategoryComm. Property Sales
PostedOctober 17, 2016
Renewed December 19, 2016
Expiry January 18, 2017
Details New, Commercial Seller
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