4438 Sheppard Avenue Unit# 101, Toronto (Agincourt South-Malvern West), Ontario M1S5V9 is For Sale and has a listing price of 2,400,000. The property is located in the Agincourt neighbourhood. It's been on the website for 166 Days.
Exceptional Care-Free Investment Opportunity High-Yield Retail Space in Prime Location! Looking for a profitable and hassle-free investment? This rare commercial retail property, located in the bustling Oriental Centre Mall at intersection Sheppard Ave E and Brimley Rd, offers a steady 5.65% net operating income with all T.M.I. covered by the tenant, ensuring truly passive income. Situated on the main floor near anchor tenants like RBC, this property boasts 6,000+ sq. ft. (combined across three units) in a high-traffic, in-demand area, making it a prime retail location. The tenant, with a proven track record of 14 years in operation, is on a lease until November 2025 with an option to renew for an additional 5 years. Notably, the rent is currently below market rates (average $28-$30 per sq. ft.), offering substantial potential for future growth. Professionally managed by an in-house management team, this property guarantees an stress-free ownership experience. Invest in this rare opportunity today and secure a care-free asset that delivers strong returns and long-term potential. **** EXTRAS **** Do not go direct. PIN NUMBERS: Suite1-2 126440002, Other1 – 1126440001, Other1 – 59126440059 (id:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 08/14/2024 | E9259434 | $2,400,000 | For Sale | - | - |
