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9620 Highway 93

5,600 SF Retail Building Midland, ON L4R 4L9 $6,500,000 CAD ($1,161 CAD/SF) 10% Cap Rate

Investment Highlights

  • Brand new Esso Gas Station
  • High traffic zone
  • Only gas station at intersection

Executive Summary

Brand new Esso gas Station for sale. with 8 Nozzles , convenience store , restaurant , coffee shop . Located in the corner of two busy highway. Gas Volume project as 6 M liters per year and convenience store around $1.5Millon sales(Projection) . Plus food partner rental and coffee shop income

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
5,600 SF
Building Class
C
Year Built/Renovated
1970/2023
Price
$6,500,000 CAD
Price Per SF
$1,161 CAD
Cap Rate
10%
NOI
$650,000 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.29 AC
Zoning
HC - Highway commercial zone.

Nearby Major Retailers

Real Canadian Superstore
Anytime Fitness
Tim Hortons
  • Listing ID: 31247597

  • Date on Market: 2024-03-18

  • Last Updated:

  • Address: 9620 Highway 93, Midland, ON L4R 4L9

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