Property Description
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. (id:63357)
Property Details
- Property Type
- Industrial
- Bathrooms
- 1
- Living Area
- 990 sqft
- Status
- Active
Location & Neighborhood
Explore what's nearby D78 - 80 NASHDENE ROAD
- 0.4 km
Nashdene Road
- 0.5 km
Dynamic Drive
- 0.5 km
McNicoll Avenue
- 0.5 km
Markham Road
- 0.6 km
Markham Road at Nashdene Road
The data relating to real estate on this website comes in part from the MLS® Reciprocity program.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code.
The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.