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17830 Leslie St

4,221 SF 100% Leased Retail Building Newmarket, ON L3Y 3E5 $3,100,000 CAD ($734 CAD/SF) 2.44% Cap Rate

Investment Highlights

  • Heavy commercialized area
  • Ample parking
  • High exposure location

Executive Summary

Rare Find Opportunity To Own A Plaza In The Heart Of Newmarket **Over 1/2 Acre Land Lot, 4000 Sqft Retail Area **High Traffic Location At A Busy Intersection Of Residential And Industrial Area **Mins To Hwy 404 **Great Potential For Expansion **Property Is Currently Zoned As Service Commercial Zone (Cs).

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,221 SF
Building Class
B
Year Built
1975
Price
$3,100,000 CAD
Price Per SF
$734 CAD
Cap Rate
2.44%
NOI
$75,579 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.54 AC
Zoning
CS - Service Commercial
Parking
12 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
68 ft on Elgin St

Amenities

  • Bus Line

Nearby Major Retailers

Coffee Time
Td Bank
Royal Bank of Canada
Second Cup Cafe
Fit4Less
Metro, Inc.
M&M Food Market
Mr. Sub
Scotiabank
Tim Hortons
  • Listing ID: 29240489

  • Date on Market: 2023-08-10

  • Last Updated:

  • Address: 17830 Leslie St, Newmarket, ON L3Y 3E5

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