MLS®: W4729255 Status: For sale

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$3,450,000
Location:

6700 Montevideo Rd, Mississauga Ontario, L5N1V1

6700 Montevideo Rd, Mississauga Ontario
Description:
Rarely Offered For Sale, 6 Unit Retail Plaza Located In A Busy Neighbourhood In Meadowvale. Property Is On A 0.85 Acre Lot, Zoning Is C1 Commercial Retail. Building Is Just Over 5600 Square Feet. All 6 Units On Long Term Leases And All Have Separately Metered Utilities. Plaza Has Approx 50 Parking Spots, Monitored By 24 Hour Cctv Security System. Cap Rate Is Just Under 3.8% Net Increasing Year Over Year.**** EXTRAS **** Current Tenants Are Guardian Pharmacy, Physiotherapy Clinic, Hair Salon, Greek Restaurant, Middle Eastern Restaurant And Convenience Store. 5/6 Tenants Under New Leases. Curent Gross Income Just Over $175,000, Net Income Approx $123,000 (id:2471)
Property:
Type: Retail
Lot Dimensions: 0.85 Acre ; 151.24 X 125.20 X 130.85 X 180.34X166.91Acreage: 0.85 Acre ; 151.24 X 125.20 X 130.85 X 180.34X166.91
Water: Municipal water
Structure:
Square Footage: 36941.7 sqft
Cooling Type: Fully air conditioned
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6700 Montevideo Rd, Mississauga Ontario

Re/Max Realtron TurnKey Realty, Brokerage

Jennifer Clements
Broker of Record

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Telephone:
905-898-1211

Cellular:
416-997-4312


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Listing Office: ROYAL LEPAGE MEADOWTOWNE REALTY

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