Situated in a prime location in Orleans, this fully rented 2152 square foot stand alone building sits on a 16340 square foot lot fronting on St Joseph blvd. This turn key investment property offers a renovated building, ample parking and a 10 year lease. The current tenant is on a ten year lease which ends August 31, 2033. Current rent is $19.50 per square foot or $41964.00 per annum. Rent escalation to take place each year through 2033. Tenant pays an additional rent of $12.01 per square (property taxes, insurance, maintenance). Tenant pays all utilities. (id:48621)
MLS® Number | 1388071 |
Property Type | Office |
Neigbourhood | Chapel Hill |
ParkingSpaceTotal | 12 |
Acreage | No |
SizeDepth | 116 Ft ,3 In |
SizeFrontage | 140 Ft |
SizeIrregular | 139.99 Ft X 116.26 Ft |
SizeTotalText | 139.99 Ft X 116.26 Ft |
ZoningDescription | Am3 |
https://www.realtor.ca/real-estate/26802564/1934-st-joseph-boulevard-ottawa-chapel-hill