Situated in a prime location in Orleans, this fully rented 2152 square foot stand alone building sits on a 16340 square foot lot fronting on St Joseph blvd. This turn key investment property offers a renovated building, ample parking and a 10 year lease. The current tenant is on a ten year lease which ends August 31, 2033. Current rent is $19.50 per square foot or $41964.00 per annum. Rent escalation to take place each year through 2033. Tenant pays an additional rent of $12.01 per square (property taxes, insurance, maintenance). Tenant pays all utilities.
Check out all of the details of this for sale, 1934 St Joseph Blvd, Orleans, Ontario
1934 St Joseph Blvd, Orleans, Ontario
Blog by Geoff Walker - RE/MAX Absolute Walker Realty | November 27th, 2024