983 ft2
Fully Air Conditioned
Forced Air
$949,000
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:63616)
Property Details
|
MLS® Number
|
W13538340 |
|
Property Type
|
Retail |
|
Community Name
|
Toronto Gore Rural Estate |
Building
|
Age
|
0 To 5 Years |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
983 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Zoning Description
|
Commercial Retail |
https://www.realtor.ca/real-estate/30005915/29-11625-mcvean-drive-n-brampton-toronto-gore-rural-estate-toronto-gore-rural-estate