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- LoopNet Team
7916 Hurontario St
Brampton, ON L6Y 0P6
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Newer upscale construction
- Very high traffic exposure and major intersection
- Excellent tenant with very successful business
- Next to future LRT
- 5 year lease renewed, +5 year further option
EXECUTIVE SUMMARY
Better/safer/stress free investment property as compared. Cap rate based on average with 5 year lease including annual increments. 3 years remaining on current lease term with another 5 year option. Investor's delight! No involvement investment property located in a busy newer Upscale Plaza fronting onto a very busy Hurontario St at major intersection with Steeles Ave. Next to upcoming Light Rail Transit (LRT). All outside maintenance is done by condo corp and inside responsibility of the tenant. Just collect rent. Leased to a successful eat in and take out vegetarian Indian restaurant and sweet shop. Very strong covenant. Quality high end leasehold improvements. Street level and secured underground parking. SELLING PROPERTY ONLY. MUST ASSUME CURRENT TENANT. Do not go direct. Do not speak to the tenant or their employees.
PROPERTY FACTS
| Property Type | Retail | No. Stories | 1 |
| Property Subtype | Storefront | Year Built | 2010 |
| Building Class | B | Parking Ratio | 10/1,000 SF |
| Gross Leasable Area | 1,457 SF | Clear Ceiling Height | 18’ |
| Zoning | SC-2799 | ||
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | B |
| Gross Leasable Area | 1,457 SF |
| No. Stories | 1 |
| Year Built | 2010 |
| Parking Ratio | 10/1,000 SF |
| Clear Ceiling Height | 18’ |
| Zoning | SC-2799 |
AMENITIES
- Bus Line
- Property Manager on Site
- Pylon Sign
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
