Rare opportunity to own a lucrative automotive service garage with a long-term absolute net lease in place. Boasting an attractive cap rate and a corporate guarantee from an established automotive service tenant, this property provides a secure and profitable investment. Located in a high-traffic area surrounded by homes and businesses, this is an excellent opportunity for savvy investors looking to expand their portfolio. Purchaser to verify all information and complete their own due diligence. Property is being sold on an "as-is, where-is" basis. Access to data room provided upon signing CA.
MLS# | XH4200940 |
---|---|
Listing Type | For Sale |
Style | Farm or Ranch |
Sub-Type | Resale |
Status | Active Under Contract |
Days On Site | 115 |
Listing Provided By | Colliers Macaulay Nicolls Inc. | Douglas Murray |
SQ Feet | 4,067 |
---|---|
Units | 1 |
Zoning | TOC1 |
State | ON |
---|---|
County | Hamilton |
City | Hamilton |
Zip Code | L8N 2Y3 |
Area | 14 Hamilton Centre |
Subarea | 141 Lansdale |
Community Name | 141 Lansdale |
Listing VS Median (in 141 Lansdale) | |
Price: $1,614,658 low | high Med: $494,450 SqFt: 4,067 low | high Med: 1,342 $ / SqFt: $397 low | high Med: $373 On Site: 115 low | high Med: 1.500000 |