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INVESTMENT HIGHLIGHTS
- Income-Producing Asset: 6,000 sq ft national auto parts store with active lease and two five-year renewal options for steady cash flow.
- Redevelopment Ready: 18,000 sq ft building stripped to block walls, concrete flooring, and open ceiling, offering a blank slate for customization:
- High-Visibility Location: 2-acre property adjacent to the road leading to the new interstate exit, ensuring maximum exposure and traffic flow.
EXECUTIVE SUMMARY
Unlock the potential of this 2-acre commercial property situated in a high-visibility location adjacent to the road leading to the new interstate exit coming in 2026. A grocery store since being built, the 18,000 sq ft building has been stripped down to the block walls, concrete flooring, and open ceiling, offering a blank canvas for redevelopment to suit your vision.
The property also features a 6,000 sq ft auto parts store, currently leased with two five-year renewal options with escalations, providing immediate passive income. With ample road frontage and proximity to key traffic routes, this site is ideal for a variety of commercial uses, except another grocery store (due to a deed restriction).
The property also features a 6,000 sq ft auto parts store, currently leased with two five-year renewal options with escalations, providing immediate passive income. With ample road frontage and proximity to key traffic routes, this site is ideal for a variety of commercial uses, except another grocery store (due to a deed restriction).
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Storefront
Building Size
17,878 SF
Building Class
C
Year Built
2007
Price
$1,954,288 CAD
Price Per SF
$109.31 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.15
Lot Size
2.66 AC
Parking
100 Spaces (5.59 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Fisher Auto Parts
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Fisher Auto Parts | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - |
PROPERTY TAXES
| Parcel Number | 03-22K-00240000 | Improvements Assessment | $456,063 CAD |
| Land Assessment | $125,635 CAD | Total Assessment | $581,699 CAD |
PROPERTY TAXES
Parcel Number
03-22K-00240000
Land Assessment
$125,635 CAD
Improvements Assessment
$456,063 CAD
Total Assessment
$581,699 CAD
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2198 U.S. 60
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