Milliken, M1V 5E4
Description
Industrial kitchen setup for catering. Can also do take-out and delivery. Road exposure. Tenanted with lease expiring February 28, 2026. Tenant willing to remain for another 5 years. Current monthly net rent of $3,061.56 including HST. Renewal would be with 5% annual increases according to existing lease document. 5.4% cap rate based on existing net operating income.
Features
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Category: Cooler/Freezer/Food Inspect
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Total Area: 990 sqft
- Industry Area: 784 sqft
- Retail Area: 206 sqft
- Parking Types: Outside/Surface
- Bathrooms: 1
- Clear Heights: 8
Details
- Zoning: Employment
- Tax: $ 3,815
- Maintenance: $ 307
- Alcohol Allowed: N
- Features: Public Transit
- E12633238
- Listing contracted with: SUTTON GROUP-ADMIRAL REALTY INC.
