10-20 FINCHAM AVENUE
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10-20 FINCHAM AVENUE
2 Retail Properties Offered at $11,198,013 CAD in Markham, ON
Investment Highlights
- Ample parking
- Access to public transit and highway
- Heavy commercialized area
- Retail amenities nearby
- High exposure location
- Natural light exposure
Executive Summary
Fully leased plaza to a variety of professional and service-based tenants and recently anchored by a Montessori just beginning a 10-year lease. The property has a 6.2 year weighted average lease term, and the Buyer has the opportunity to increase rental value through lease escalations or for a user to occupy a portion of the building as leases turnover. Vendor previously received approval to develop 14 townhomes and 1 detached house. Situated on 1.04 acres of land within proximity of Mount Joy GO station. **** EXTRAS **** Recent renovations include: new asphalt, updated sidewalk interlocking, and new rooftop HVAC units on 20 Fincham building.
Property Facts
Price | $11,198,013 CAD | Number of Properties | 2 |
Price / SF | $821.81 CAD / SF | Individually For Sale | 0 |
Sale Type | Investment | Total Building Size | 13,626 SF |
Status | Active | Total Land Area | 1.01 AC |
Price | $11,198,013 CAD |
Price / SF | $821.81 CAD / SF |
Sale Type | Investment |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 13,626 SF |
Total Land Area | 1.01 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
20 Fincham Ave, Markham, ON L3P 4C8 | Retail | 6,053 SF | 2005 | - |
10 Fincham Ave, Markham, ON L3P 4C8 | Retail | 7,573 SF | 2000 | - |
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10-20 FINCHAM AVENUE
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