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17830 Leslie St 4,000 SF 100% Leased Retail Building Newmarket, ON L3Y 3E5 $3,100,000 CAD ($775 CAD/SF) 2.60% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Heavy commercialized area
  • Ample parking
  • High exposure location

EXECUTIVE SUMMARY

Rare Find Opportunity To Own A Plaza In The Heart Of Newmarket **Over 1/2 Acre Land Lot, 4000 Sqft Retail Area **High Traffic Location At A Busy Intersection Of Residential And Industrial Area **Mins To Hwy 404 **Great Potential For Expansion **Property Is Currently Zoned As Service Commercial Zone (Cs).

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,000 SF
Building Class
C
Year Built
1975
Price
$3,100,000 CAD
Price Per SF
$775 CAD
Cap Rate
2.60%
NOI
$80,600 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.54 AC
Zoning
CS - Service Commercial
Parking
12 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
68’ on Elgin St

AMENITIES

  • Bus Line

NEARBY MAJOR RETAILERS

Fit 4 Less
Tim Hortons
Second Cup Café & Cie
M&M Food Market
Metro
Scotiabank
Td Bank
Royal Bank of Canada
Toyota
BMO
  • Listing ID: 29240489

  • Date on Market: 2023-08-10

  • Last Updated:

  • Address: 17830 Leslie St, Newmarket, ON L3Y 3E5

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