$ 3,500,000
4430 HARVESTER Road Burlington, ON L7L4X2
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$ 3,500,000
Est. payment | /mo
6,000 SqFt
$ 3,500,000
Est. payment | /mo
6,000 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $583
Subdivision 321 - Longmoor
MLS® Listing ID 40673403
Originating Board Cornerstone - Hamilton-Burlington
Property Description
GE1 Zoned 6000 sq. ft. building with two tenants. Tenant A Enterprise Car Rental paying $84,000.00 per year net till September 30,2027 with no further options to renew. Enterprise would like to 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 also 3000 sq. ft. paying $61,800/2024, $63,800/2025, $65,550/2026, $67,500.00/2027. Tenant B has an option to renew for one 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. Total present net income for 2024 is $169,800.00. (id:24570)
Location
Province ON
Exterior
Garage No
Community Features High Traffic Area
Waterfront No
View Y/N No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Martel Commercial Realty Inc.