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19 King St S 1,650 SF 100% Leased Retail Building Alliston, ON L9R 1H6 $855,342 USD ($518.39 USD/SF)
Investment Highlights
- 100% leased
- Well-located in busy retail node in their local markets with great street visibility and surrounding complimentary retailers
- Highly sought after drive-thru building providing tenant retention security
Executive Summary
Strategically positioned along a major thoroughfare, the Property offers excellent accessibility and visibility. It features a drive-thru and situated within a well-established retail node, complemented by a strong mix of surrounding businesses. The Property is leased to Mary Brown’s, a well-known Canadian brand with over 300 locations across Canada, under a long-term, carefree net lease. This arrangement provides stable income with minimal landlord management responsibilities. Contractual rental escalations offer near-term revenue growth.
This offering presents investors with the opportunity to acquire a high-quality asset in a prime location, backed by a reputable tenant and long-term income security.
This offering presents investors with the opportunity to acquire a high-quality asset in a prime location, backed by a reputable tenant and long-term income security.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,650 SF
Building Class
C
Year Built
1950
Price
$855,342 USD
Price Per SF
$518.39 USD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.33 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 6
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19 King St S
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