4430 Harvester Road Burlington, Ontario L7L 4X2
6000 sqft
$3,500,000
GE1 Zoned 6000 sq. ft. building with two tenants. Tenant A Enterprise Car Rental paying $84,000.00 per year net till September 30,2027 with no further options to renew. Enterprise would like to do a early renewal if purchaser wants an extremely good Tenant otherwise vacant possession of the Unit (Enterprise) would be October 1st 2027. Tenant B is also 3000 sq. ft. paying $61,800/2024, $63,800/2025, $65,550/2026, $67,500.00/2027. Tenant B has an option to renew for one 3 year term at negotiated rates. On a month to month bases Tenant A is paying $24,000 per year for 90% of the rear compound. Total present net income for 2024 is $169,800.00. (id:48215)
Property Details
| MLS® Number | 40673403 |
| Property Type | Retail |
| AmenitiesNearBy | Public Transit |
| CommunityFeatures | High Traffic Area |
| Features | Rail |
Building
| BasementType | None |
| StoriesTotal | 1 |
| SizeExterior | 6000.0000 |
| SizeInterior | 6000 Sqft |
| UtilityWater | Municipal Water |
Land
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 303 Ft |
| SizeFrontage | 100 Ft |
| SizeTotalText | 1/2 - 1.99 Acres |
| ZoningDescription | Ge-1 |
https://www.realtor.ca/real-estate/27614924/4430-harvester-road-burlington
Scott Overell
Broker of Record
Martel Commercial Realty Inc.
347 Beach Blvd.
Burlington, Ontario L8H 6W4
347 Beach Blvd.
Burlington, Ontario L8H 6W4
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November 19 2024 09:46:19
REALTORS® Association of Hamilton-Burlington
Martel Commercial Realty Inc.