Heres a fantastic opportunity to invest in a high-traffic commercial plaza located in a prime area surrounded by national big-box retailers, major banks, national car dealerships, and the Eglinton Town Centre Cineplex right across the street.This property offers a unique investment opportunity with three year lease contracts in place, gross rent of $ 2800 per month with 10% rent increase every year. With long-term tenants in place and well-established contracts, the property generates reliable cash flow, making it an excellent choice for income-focused investors. Don't miss out on the chance to add this lucrative asset to your portfolio! (id:51158)
MLS: E11882766 For sale : 122 – 41 LEBOVIC AVENUE Attention Investor! High Traffic commercial plaza surrounded by national big box retailers, major banks, national car dealerships and cineplex eglinton town centre right across the street. One of the food court unit face the front entrance. Modern design food court with lots of seats. current lease ends on June 6, 2025 with an option to renew for 3 years. (id:51158)
MLS® Number | E11882766 |
Property Type | Retail |
Community Name | Clairlea-Birchmount |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Electric |
Heating Type | Forced Air |
Size Interior | 802 Ft2 |
Utility Water | Municipal Water |
Acreage | No |
Zoning Description | Commercial, Hospitality |
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