Excellent investment opportunity in a prime Brampton location! This 983 sq. ft. commercial retail unit is situated in one of Brampton's most desirable and rapidly growing neighbourhoods. The property is leased to a well-established, successful restaurant on a secure 5 + 5 + 5-year lease at $47/sq. ft. + TMI, with an annual rent escalation of $1/sq. ft., providing stable and growing income.Ideally located at the high-traffic intersection of Mayfield Rd. & McVean Dr., this property offers outstanding visibility and exposure. Surrounded by thriving residential communities and established commercial developments, it benefits from strong foot traffic and long-term growth potential. A turnkey, income-generating investment in a high-demand area with exceptional future upside. (id:4555)
PROPERTY SPECS
Price $949,000
City Brampton, Ontario
Address 11625 McVean Drive Unit# 29
Listing ID W13538340
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
SubtypeRetailOwnershipFreeholdHeating / CoolingForced air, Natural gas