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Executive Summary
Asking price is $1.29M
Building size: 7,104 sf
Built: 1974
Office Building
Acreage: 0.82 ac
Owner recently replaced air conditioning units.
Building contains a long-term NNN single tenant.
Current lease contract is 7/1/2023 to 6/30/2028, with 2 year extension option to 6/30/2030.
Building tenant is not to be disturbed.
Tenant is willing to negotiate the termination of their lease contract if a new owner wants to occupy the building. Otherwise, they will honor their existing contract.
Building size: 7,104 sf
Built: 1974
Office Building
Acreage: 0.82 ac
Owner recently replaced air conditioning units.
Building contains a long-term NNN single tenant.
Current lease contract is 7/1/2023 to 6/30/2028, with 2 year extension option to 6/30/2030.
Building tenant is not to be disturbed.
Tenant is willing to negotiate the termination of their lease contract if a new owner wants to occupy the building. Otherwise, they will honor their existing contract.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
9,368 SF
Building Class
C
Year Built
1974
Price
$1,777,801 CAD
Price Per SF
$189.77 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,104 SF
Slab To Slab
9’
Building FAR
0.26
Lot Size
0.82 AC
Zoning
C2- GE
Parking
15 Spaces (2.2 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | MRMK-000404D-000055 | Improvements Assessment | $510,366 CAD |
| Land Assessment | $603,386 CAD | Total Assessment | $1,113,751 CAD |
Property Taxes
Parcel Number
MRMK-000404D-000055
Land Assessment
$603,386 CAD
Improvements Assessment
$510,366 CAD
Total Assessment
$1,113,751 CAD
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