Description

Colliers is pleased to present 1192 Queen Street East, Toronto (the "Property"), a 3,919 square foot fully leased retail building with 35 feet of frontage on one of Toronto's most active retail corridors in Leslieville. The property is fully leased to NODO Restaurant, a highly regarded Italian restaurant with three additional established locations across Toronto, providing a proven and recognizable tenant covenant. The lease is structured on a net basis and has been extended through April 30, 2029, offering three years of net stable rental income. Additionally, the restaurant benefits from 1,463 sq ft of patio space located on the sides and rear of the building. Located one block east of Queen Street East and Leslie Street, on a prominent corner within Leslieville, the property benefits from strong visibility, consistent pedestrian traffic, and long term neighbourhood growth, supporting long term land bank optionality. High visibility Leslieville retail with long term upside.