Carefree Investment Offering Over $100,000 Triple Net Income "Per Year" (Approx. 6.0% CAP Rate) For The Next 4 Years Plus A 5 Year Option. Strong Tenant W/ Multiple Locations Secures A Piece Of Mind Investment Property To Start Or Add To Any Real Estate Portfolio. Building Totally Renovated In 2022 Including: 400 Amp / 600 Volt Upgraded Service, Fenced/ Gated Perimeter, Advanced Security System With Multiple Camaras Including Exterior Infrared Camaras, Epoxy Floors And PVC Walls & Ceilings Throughout Main Floor. 3200 Sq. Ft. Facility on Main Floor Plus 800 Sq. Ft. Mezzanine Offering; Office, Security Room, Lunch Room, IT Room, 2nd Washroom And Additional Storage. No Expense Was Spared Building This State Of The Art Health Canada Approved Facility. Situated On A 0.54 Acre Fully Serviced Reverse Pie Lot With A Frontage Of 180 Ft. And Depths Of 321 Ft & 216 Ft. Building Can Also Be Expanded To Cover 70% Of Lot Area As Per Zoning. (id:60365)
| MLS® Number | X12463369 |
| Property Type | Industrial |
| Community Name | Tillsonburg |
| BathroomTotal | 2 |
| CoolingType | Fully Air Conditioned |
| HeatingType | Coil Fan |
| SizeInterior | 4000 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 321 Ft |
| SizeFrontage | 180 Ft |
| SizeIrregular | 180 X 321 Ft ; Reverse Pie. 216 Ft Depth West Side |
| SizeTotalText | 180 X 321 Ft ; Reverse Pie. 216 Ft Depth West Side |
| ZoningDescription | Mg (general Industrial) |
https://www.realtor.ca/real-estate/28991894/31-clearview-drive-tillsonburg-tillsonburg
Perry Staikopoulos
Salesperson