加国易居--加拿大一站式房地产平台,地产买卖,出租,投资,房源信息,新楼花

X12174881

价格:

$1,350,000 出售

MLS® No:

X12174881

社区:

East H

地址:

1544 DUNDAS STREET, London East (East H), Ontario, Canada, N5W3C1

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Features

面积:

3374 sqft

房龄:

31 to 50 years

#洗手间:

#停车位:

取暖类型:

Other

中央空调:

Fully air conditioned

壁炉:

Rare opportunity to purchase a prime corner lot investment property in an extremely busy retail location at the intersection of Dundas and First. This freestanding building sits on a 5, 651 sqft lot with over 25, 000 vehicles per day exposure and 10 dedicated stalls. The main floor (1, 639 sqft) is net leased to Pizza Salvatoré (a national chain with almost 100 locations) on a 10 year term (July 2024 - June 2034). The lower level (1, 708 sqft) is vacant, offering a value add opportunity to generate an additional $24K in annual income through medical, wellness, retail, or service leasing. With a current cap rate just under 5%, this turnkey asset delivers stable cash flow and clear upside. Surrounded by national retailers: Shoppers Drug Mart, Rexall, Taco Bell, Tim Hortons, McDonalds, LCBO and anchored by a bus stop at the doorstep and Fanshawe College nearby, the site benefits from exceptional foot traffic and convenience. Minutes from West London Mall, grocery stores, fitness centres, and professional offices, this high visibility corner location ensures tenant diversification and resilience. Investors will appreciate the strong net lease covenant, value add basement lease up, and flexible acquisition. (id:5856)

上市委托: EXP REALTY (Independently Owned & Operated)

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