4486 Ontario St, Lincoln MLS Number: X8266848
Lincoln, Niagara, ON, L0R 1B5$8,000,000
Status: For Sale
- Property Type: Commercial (Commercial)
- Property Taxes : $62893.06 (Tax Year:2023)
- Listing Courtesy : Cbre Limited
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$8,000,000
Status: For Sale
Offering For Sale 4486 Ontario Street In Beamsville, Ontario; A Single Tenant 11,755 Sq. Ft. Retail Building With A Care-Free, Fully Net Long-Term Lease With Rexall Expiring In March Of 2030. The Building Sits On A 1.28 Acre Parcel Of Land Which Is Well Located At The Corner Of Ontario St And Friesen Blvd. Beamsville Is An Exciting, Growing Market With Close Proximity To The Greater Toronto Area And Is Easily Accessible Of The Queen Elizabeth Way. The Property Offers An Attractive Cap Rate Of 7%. The Current Lease Includes Percentage Rent Providing An Investor With A Steady Income Stream And Access To Store Sales Which Have Consistently Increased Every Year Since 2018.
Property Type | :Commercial |
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MLS Number | :X8266848 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :02 Jul, 2024 (138 Days ago) |
Source | :TRREB |
Area | :Niagara |
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Postal Code | : L0R 1B5 |
Price | : $8,000,000 |
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Property Taxes | :$62893.06 |
Tax Year | :2023 |
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Cross Street | :Ontario St & Friesen Blvd |
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02 Jul, 2024
TREB #X8266848
Available
$8000000.0
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