5775 Highway 7 Markham, Ontario
PROPERTY INFO
Free-standing investment property with prime exposure on Highway 7. Former Tom's Burgers with many permitted uses. 1,800 sf main floor plus 1,500 sf basement. Clean environmental done in 2020. Currently leased to a top brand franchise. Tenant willing to stay or will consider selling the business if purchaser wants vacant possession. Current lease until June 2032 with escalations, with two - 5 year options to renew with strong franchise covenants. New roof shingles, downspouts, all new electrical, and main floor flooring installed in 2022. (id:4555)
PROPERTY SPECS
Price $2,498,000
City Markham, Ontario
Address 5775 Highway 7
Listing ID N12418230
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
Subtype
Retail Ownership
Freehold Heating / Cooling
Forced air, Natural gas
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