3672 Highway 144 Chelmsford (Towns of Rayside Balfour and Onaping Falls, Ontario, CA - P0M 1L0) Built

$8,500,000 CAD

Sutton-Clodem Inc.

Ricardo Medeiros Ricardo Medeiros 514-919-4307 (Cell) Request More Info

  • Type: Commercial
  • Style: Commercial
  • Size: 20,409 sq. ft.
  • Development Level: Built

Description

AAA Commercial Investment opportunity in Chelmsford, ON. Pharmacy anchor tenant (18,548 SF) on a fully NET Lease, and new 20-year Lease Agreement finalized with A&W for construction of a new restaurant (1,861 SF) at corner of Edward with drivethru. This site has room for potential future expansion, and is located fronting on Highway 144 at a set of lights with great exposure/visibility. Projected CAP Rate based on current pharmacy lease and avg rates for new restaurant lease = 6.45%. To the east there is a townhouse development which will bring additional traffic to this great location!

Attachments

Brokered and Advertised by : Mallette-Goring Inc., Brokerage
P2#434047598
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