Message Number398934
statusActive
Subject LineHAVE 23,600 sq.ft. Free Standing Industrial Building on 1.32 Acre Land FOR SALE In Scarborough, ON. For Owner/User or Sale & Leased Back at 5% Cap Rate.
Business area
Canada
Ontario
Greater Toronto area
Toronto
Location, City1120 Bellamy Rd N, Scarborough
Have/WantHave
Business categoryIndustrial Buildings For Sale
Sites Commercial and Industrial
Net Leased Investment
Date of ListingJune 16 2021
Type DescriptionFree Standing Industrial Building For Sale 23,600 Sq.Ft.
LocationScarborough, ON
Price$7,670,000.00
Price CommentNegotiable to some extent
Size1.32 Acres
Building area23600
Building Area CommentCan be divided into 11 Units.
Site area1.32 Acres
ZoningIndustrial,Auto Mechanic,Bodyshop,Outside Storage
Cap Rate5% Cap Rate
Commentsxcellent Opportunity To Acquire A Multi-Tenant Property (Total 11 Units) Located In Prime Scarborough Area. This Asset Is Uniquely Positioned Just South Of Highway 401 Along Bellamy Avenue. Close To Transit And Scarborough Town Centre. Seller Wish To Sell And Lease Back At Guaranteed 5% Cap Rate, For A Minimum Of 5+5 Triple (Nnn) Net Lease. Land Is 1.32 Acres With 23,600 Sq Ft. Building, 67 Parking Spaces.Ideal For Light Manufacturing Companies or All Automotive Uses. 11 Units,67 Parking Available. 23,600 Sq.Ft. Building On 1.32 Acres Land.Survey,Floor Plans Available, 14"Clear Height,E0.7 Zoning Allows Multiple Industrial Uses. Sale Or Sale & Leaseback @ 5% Cap Rate Options Available.
Internet Links
ControlMLS
NameVish Jayaraman
TitleBroker
Company NameCentury 21 Leading Edge Realty Inc, Brokerage
Address Line One208 3300 McNicoll Ave Scarborough ON M1V 5J6
CityToronto
State/ProvinceOntario
Zip/Postal CodeM1V 5J6
CountryCanada
Business Phone Number(416)300-9091
Cell Number416 300 9091
Email AddressSend Email
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