Single Tenant Investment in Toronto (GTA)
Great Secure Investment for sale in Toronto
Single Tenant HSBC Bank in Condominium Unit - Total of 8,590 sq ft.
Built in 2003 with exclusivity clause for financial services inside a 120,000 sq ft indoor mixed use complex with over 400 underground parking spot as well as 10 above ground designated parking spot for HSBC
The Branch was fully renovated in 2012 to their new standards
Lease till 2018 with + 4 x 5 Yrs options.
Current Net income of $323,800.00 with escalation
Asking Price based on 5.25% Cap = $6,1 M
To receive more information please contact me.
Tel : 416.910.4726 or email : afatemi@royallepagecommercial.com
Great Secure Investment for sale in Toronto
Single Tenant HSBC Bank in Condominium Unit - Total of 8,590 sq ft.
Built in 2003 with exclusivity clause for financial services inside a 120,000 sq ft indoor mixed use complex with over 400 underground parking spot as well as 10 above ground designated parking spot for HSBC
The Branch was fully renovated in 2012 to their new standards
Lease till 2018 with + 4 x 5 Yrs options.
Current Net income of $323,800.00 with escalation
Asking Price based on 5.25% Cap = $6,1 M
To receive more information please contact me.
Tel : 416.910.4726 or email : afatemi@royallepagecommercial.com
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