| Message Number | 433932 |
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| status | Active |
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| Subject Line | Single Tenant Barburrito Mexican Grill Investment Property for Sale, Corporate 10 year lease |
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| Business area | |
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| Location, City | Near Chatham Ontario |
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| Have/Want | Have |
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| Business category | Shopping Centres/Strip Plazas/Retail
Commercial Buildings/Hotels/Motels
Net Leased Investment |
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| Date of Listing | May 16 2025 |
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| Type Description | Single Tenant Investment Property |
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| Location | Near Chatham Ontaro |
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| Price | $699,000.00 |
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| Price Comment | For Sale |
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| Building area | 1249 |
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| Net Income | 38720 |
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| Cap Rate | 5.5% |
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| Comments | Excellent Investment Opportunity
Fully leased to BarBurrito Mexican Grill (150+ locations across Canada) under a corporate 10-year lease with 8 years remaining. Includes a rent increase after the first term.
* Tenant pays all TMI directly
* 5.5% cap rate based on current net income
*Contact us for more details.
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| Internet Links | |
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| Broker's Recommendation | No co-op commission in this property |
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| Control | Exclusive |
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| Name | Harish Arora |
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| Title | Broker |
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| View my Other Listings, Haves and Wants: | CLICK HERE! |
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| Company Name | Century21 People's Choice Realty Inc., Brokerage |
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| Address Line One | 1780 Albion Rd. |
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| City | Etobicoke |
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| State/Province | Ontario |
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| Zip/Postal Code | M9V 1C1 |
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| Country | Canada |
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| Business Phone Number | (416)742-8000 |
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| Cell Number | 647-203-4444 |
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| Home Number | 647-203-4444 |
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| FAX Number | 416-742-8001 |
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| Email Address | Send Email |
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