4318 Portage Rd - Office FOR SALE


Niagara Falls, ON L2E 6A4
$3,290,000 CAD
905-356-9600

NO PHOTO

$3,290,000 CAD
Office - FOR SALE
null | Request Cap Rate

4318 Portage Rd
Niagara Falls, ON L2E 6A4


OVERVIEW

OFFICE BUILDING APPROX 19,500 SQ FEET. IMMIGRATION CANADA OCCUPIES THE FRONT SECTION OF 11,000 SQ FEET SINCE 2011. J D BARNES OCCUPIES THE 6,000 SQ FEET AT THE BACK OF THE BUILDING. THERE IS AN ADDITIONAL 2500 SQ FEET ON THE SECOND WHICH IS USEABLE/RENTABLE SPACE. MORE INFO IN DOCUMENTS IMMIGRATION CANADA: tenant since 2011 on a 10 year lease -signed a new 10 lease in 2021 (May 1st 2021-April 30th 2026) : with two 2 year options and and a 1 year option -they are responsible for 63.47% of expenses J D BARNES: -signed a 10 year lease in 2019( April 1st-March 30 2029) :with 2 options to renew for 5 years each rent to be negotiated

FOR SALE DETAILS

PRICE

$3,290,000 CAD

PRICE/SF

$169 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.05 AC

LAND SF

132,945 SF

ZONING

C

APN/PARCEL ID

272505000114002

ASK ABOUT THIS PROPERTY

Ron JoncasRe/Max Niagara Realty Ltd.More Info
905-356-9600

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Ron JoncasRe/Max Niagara Realty Ltd.More Info
905-356-9600

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