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X4882308
$3,299,000

364 Second Line W (Korah Road & Second Line West)

Price: $3,299,000

Status: For Sale 

MLS®#: X4882308

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$3,299,000
  • Tax: $102,564/Annual (2019)
  • City:Sault Ste Marie
  • Type:Commercial
  • Style:Commercial/Retail
  • Bath:2
  • Size: 59,148 Sq Ft
  • Age:6-15 Years Old

Features:

  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsMunicipal

Listing Contracted With: RE/MAX REALTY SERVICES INC., BROKERAGE

Description

***Prime Investment Out-Of-Town Opportunity *** Free Standing Building On 1.35 Acres. 10,330 Square Feet Building*** Currently Leased By Shopper's Drug Mart ***Triple Net Lease*** $176,000 Annually, $17.00 Per.Sq.Ft. Net. Shopper's Drug Mart Already Settled In Here For Over 13 Years, They Have 6 More Years To Go, Plus Renewal Options After That.


Highlights

***Excellent Triple Net Lease*** Solid Tenant, Already Settled Here For Almost 13 Yrs. And Did Early Renewal For An Additional 6 Yrs @ $176,000.00 Annually. Tenant Pays All Maintenance, Utilities & Major Wear Tear Repairs.

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’

Neil Mcintyre

Real Estate Professional

RE/MAX Realty Services Inc., Brokerage

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