130 KING Street West - MLS® # 484402002610810

130 KING Street West  - MLS® # 484402002610810
  • Property Value $1,799,900
  • Type Retail

Description

Excellent return on this professional plaza Net operating income of $128,000 annual. Anchor tenant Kennedy Insurance brokers occupying 41% of building with NET LEASE until 2025 with multiple renewal options. 17% vacant with rental upside can push this investment to over an 8 CAP. Building has new membrane roof 2 years old all updated mechanical systems this is a true turnkey investment that must be seen to be appreciated. Call for a private showing. Confidential Investment Memorandum provided to qualified buyers who execute confidentiality agreement.

130 KING Street West , North Bay

Features

Visual exposure

Listing Provided By

RE/MAX Legend Real Estate Inc., Brokerage (138)

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