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1735 Lakeshore Rd W 3,239 SF 100% Leased Retail Building Mississauga, ON L5J 1J4 $1,999,900 CAD ($617.44 CAD/SF) 5.90% Cap Rate
Investment Highlights
- Area that contains a vibrant atmosphere.
- Excellent access to freeways and/or major arteries, with almost no chance of parking problems.
- At least one elementary school within a 5-minute walk.
- Very large amount of park space within a few minutes' walk.
Executive Summary
Amazing opportunity to own a building in Clarkson village right on Lakeshore Rd. This building is in amazing condition with lots of upgrades and it is full leased out boasting a current cap rate of 5.9%. One commercial tenant and one residential tenant.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,239 SF
Building Class
C
Year Built
1955
Price
$1,999,900 CAD
Price Per SF
$617.44 CAD
Cap Rate
5.90%
NOI
$117,994 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
C4 - Mixed Use
Frontage
68’ on Lakeshore Rd W
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 3
Videos
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1735 Lakeshore Rd W
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