MLS®: W4840269 Status: For sale

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6700 Montevideo Rd, Mississauga Ontario, L5N1V1

6700 Montevideo Rd, Mississauga Ontario
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. All 6 Units On Long Term Leases And All Have Separately Metered Utilities. Plaza Has Approx 35 Parking Spots, Monitored By 24 Hour Cctv Security System. Estimated Cap Rate Is 3.77% This Year 3.99% Next Year. **Parking Lot Is Currently Being Completely Repaved** Work Will Be Complete In 2 Weeks**** EXTRAS **** Tenants Are Guardian Pharmacy, Physiotherapy Clinic, Hair Salon, Greek Restaurant, Kabob Restaurant And Convenience Store. 5/6 Tenants Under New Leases. Gross Income Approx $177K ('20) & 185K ('21), Noi Approx $128K( '20) & $135K ('21). (id:2471)
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
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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