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2370 Laurier St 1,514 SF Retail Building Clarence-Rockland, ON K4K 1B1 $2,300,000 CAD ($1,519.15 CAD/SF) 6% Cap Rate
Investment Highlights
- Restaurant pays its own utilities
- Great Investment in a booming area
- Large parking lot at rear
Executive Summary
New HVAC. Roof being replaced. Restaurant business owner is property owner.
Prime Corner in the fast growing town of Rockland. Three buildings on a very large lot. Benny's All Day is major tenant plus hair salon and a residential duplex (2 residential tenants).
Prime Corner in the fast growing town of Rockland. Three buildings on a very large lot. Benny's All Day is major tenant plus hair salon and a residential duplex (2 residential tenants).
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,514 SF
Building Class
C
Year Built
1976
Price
$2,300,000 CAD
Price Per SF
$1,519.15 CAD
Cap Rate
6%
NOI
$138,000 CAD
Tenancy
Single
Building Height
1 Story
Parking
5 Spaces (3.3 Spaces per 1,000 SF Leased)
Frontage
26’ on Laurier St
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (76)
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
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Photos
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2370 Laurier St
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