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5062 Road 38 12,000 SF 100% Leased Retail Building South Frontenac, ON K0H 1V0 $1,906,745 USD ($158.90 USD/SF) 6.75% Cap Rate
Executive Summary
A proven retail and service location for the region with a strong tenant mix of longstanding retail, service, and professional office
uses on predictable triple net long term leases. Ideal for investors seeking stability and growth along one of the area's most active commercial
routes. This key arterial route connects the region of South Frontenac to Kingston and Highway 401. Daily
traffic volumes of approximately 8,100 vehicles travel along this busy corridor offering exceptional exposure. This fully commercial plaza in A+
condition provides 12,680 sq ft across three separate buildings on a 2-acre lot featuring ample parking, loading areas, excellent street visibility
and access.
uses on predictable triple net long term leases. Ideal for investors seeking stability and growth along one of the area's most active commercial
routes. This key arterial route connects the region of South Frontenac to Kingston and Highway 401. Daily
traffic volumes of approximately 8,100 vehicles travel along this busy corridor offering exceptional exposure. This fully commercial plaza in A+
condition provides 12,680 sq ft across three separate buildings on a 2-acre lot featuring ample parking, loading areas, excellent street visibility
and access.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
12,000 SF
Building Class
B
Year Built
2013
Price
$1,906,745 USD
Price Per SF
$158.90 USD
Cap Rate
6.75%
NOI
$128,705 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.02 AC
Zoning
UC-20 - Urban Commercial
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5062 Road 38
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