**Investment Opportunity - Established Tenant with Strong Net Income** Excellent commercial investment with a **monthly net rent income of $12,000**. Long-standing **convenience store tenant operating for 26 years**. Current lease term: **5 years + 5-year renewal option**. Great tenant with a stable business history. The business is also available for purchase as an option. Ideal for investors seeking a **turnkey, income-producing property** with minimal management required. Prime location with strong foot traffic and community presence. Upper 3-bedroom unit, full-sized basement, and outdoor 2-bedroom unit. Cooperative Agent/Broker Has To Verify Property Taxes and Measurements. (id:60365)
BusinessType | Retail and Wholesale |
BusinessSubType | Retail misc. |
MLS® Number | W12324177 |
Property Type | Retail |
Community Name | Stonegate-Queensway |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Other |
SizeExterior | 4800 Sqft |
SizeInterior | 4800 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 120 Ft |
SizeFrontage | 40 Ft |
SizeIrregular | Bldg=40 X 120 Ft |
SizeTotalText | Bldg=40 X 120 Ft |
ZoningDescription | Commercial/residential |
James Mak
Salesperson
Ali Reza Davari
Broker