Description
High Exposure retail property on a convenient corner lot on busy Lombard St. This property is located right beside McDonalds and in front of the Independent Grocery Store. The Beer Store is the tenant with a Triple Net Lease in place until December 2030 with 3 x 5yr tenant options. Tenant is responsible for all operating and maintenance expenses. The building is 9,371 sqft, on .65 of an acre with two full loading bays and a portion of excess land that could be built up or used for parking. To show the strength of the location other neighboring tenants include: Dollar Tree, Canadian Tire, Scotia Bank, KFC, DQ, Walmart, Esso, Tim Hortons, Marks, LCBO, Starbucks. This is a care free lease and as hands off as it gets for the landlord.
Overview
Property ID:
X12288286
Type:
Commercial Retail
Square:
9,371 m²
Price:
$1,899,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Yes
Heating:
Gas Forced Air Open
ParkingFeatures:
None
YearBuilt:
51-99
TaxAnnualAmount:
16411
PossessionDetails:
Negotiable
Map
-
AddressSmiths Falls
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