Courtesy of: Scott Overell, Broker of Record, Martel Commercial Realty Inc.
$3,500,000
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6,000 square feet
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Retail
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$3,500,000
4430 HARVESTER Road GE1 Zoned 6000 sq. ft. building with two tenants with 3000 sq. ft. each. Tenant A Enterprise Car Rental paying $69, 000.00 per year net till September 30, 2027 with no further options to renew. Enterprise may do a early renewal if purchaser wants an extremely good Tenant otherwise vacant possession of the unit (Enterprise) would be October 1st 2027. Tenant B is paying $63, 800/2025, $65, 550/2026, $67, 500.00/2027 net plus $5.00 T.M.I.. Tenant B has an option to renew for 1- 3 year term at negotiated rates. On a month to month bases Tenant A is paying $24, 000 per year for 90% of the rear compound. Net income for 2024 is $156, 800.00 (id:203)