320-324 Colborne St - Storefront Retail/Office FOR SALE


Brantford, ON N3S 3M9- Brantford Core
$1,200,000 CAD
905-526-7551
320-324 Colborne St, Brantford, ON for Sale
$1,200,000 CAD
Storefront Retail/Office - FOR SALE
1/1
null | 9.17% Cap Rate

320-324 Colborne St
Brantford, ON N3S 3M9
Brantford Core


HIGHLIGHTS

  • Fully leased medical clinic & pharmacy
  • Ten-year triple net lease with rent escalation
  • Recession-proof, stable income property

OVERVIEW

This detached 2-storey building in Brantford presents an exceptional investment opportunity with a fully leased medical clinic and pharmacy. With a ten-year triple net lease in place, the property generates an excellent annual income of $110,000, with rent escalations over the term. Offering a remarkable return of over 9% on cash investment, this property provides recession-proof income, making it a secure addition to any investment portfolio. Don't miss out on this rare opportunity for stable, long-term returns in a prime location.

FOR SALE DETAILS

PRICE

$1,200,000 CAD

PRICE/SF

$300 CAD /SF

CAP RATE

9.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C3-1

APN/PARCEL ID

290604000428000

ASK ABOUT THIS PROPERTY

Dave SohalBridgecan Realty Corp.More Info
905-526-7551

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Dave SohalBridgecan Realty Corp.More Info
905-526-7551

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.