Industrial kitchen setup for catering. Can also do take-out and delivery. Road exposure. Tenanted with lease expiring February 28, 2026. Tenant willing to remain for another 5 years. Current monthly net rent of $3,061.56 including HST. Renewal would be with 5% annual increases according to existing lease document. 5.4% cap rate based on existing net operating income. (id:35544)
| MLS® Number | E12633238 |
| Property Type | Industrial |
| Community Name | Milliken |
| AmenitiesNearBy | Public Transit |
| BathroomTotal | 1 |
| Appliances | Freezer, Oven, Range |
| CoolingType | None |
| HeatingType | Baseboard Heaters |
| SizeInterior | 990 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit |
| ZoningDescription | Employment Industrial 0.7 |
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