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CONTINENTAL PLAZA GROUND FLOOR RETAIL 1079 sq ft currently leased to a Insurance Company for gross $52637.00 per year. Two washrooms and plenty of free parkings.
lease term 3 YEARS TO Jan 31 2013 + 2 years option.
Net income $34,098.00
cap rate 6.33%
YEARS IN BUSINESS 10 year(s)
FLOOR AREA 1,079 sq ft.
LEASE TERM 2010 - 2013 + 2 yrs option
PARKING Free
ADDRESS
1188 3779 Sexsmith Rd, Richmond
ASKING PRICE $ 538,000
MONTHLY OPERATING COSTS
Gross Rent: $ 3,916.50 + HST (monthly rental)
Others: $ 1,080 (Property Tax & Management)
MONTHLY NET INCOME $ 2,836.50 ( $34,038 per year)
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