Neerajan Realtor
Description
Price: $ 599,000.00 MLS®: E12633238 Location : 80 Nashdene Road D78, Toronto E07, ON M1V 5E4
Industrial kitchen setup for catering. Can also do take-out and delivery. Road exposure. Tenanted with lease expiring February 28, 2026. Tenant willing to remain for another 5 years. Current monthly net rent of $3,061.56 including HST. Renewal would be with 5% annual increases according to existing lease document. 5.4% cap rate based on existing net operating income.
Location Description
Markham Rd and Nashdene Rd
Property Details
- Community: Milliken
- Property Type: Tenant/Commercial
- Bath: 1
- Garages: Outside/Surface
Building Features
Features
- Heating: Baseboard
Listing Contracted With: SUTTON GROUP-ADMIRAL REALTY INC.
