740 Waddington Drive Unit# 11

Why be tied up in a GIC when alternatively you could invest & hold a recently updated commercial real estate property with a 4.50% CAP RATE on Middleton Mountain Vernon! Great location in a very popular 12 unit commercial strata complex with 2273 sqft of space. Multiple access points from Waddington Drive and 11th Ave, including a dedicated back lane to the bay area. Plus, the light industrial zoning offers a multitude of future usage. Current lease in place until October 15, 2027 with optional dual 3-year term extensions. Call us today for more information on this next investment into your portfolio! (id:58842)

Property Information

Property Type
Commercial
SqUARE FOOTAGE
2273
 sqft
Structure Type
Other
LAND SIZE
Roof Type
Lot
Corner Site, Irregular lot size, Sloping
SEWER Type
Municipal sewage system
Parking Spots
6
stories
Floor Type

More Information

Security
View
Parking
Exterior
Concrete Block
Community
Common inTEREST
Listing Key
28071748
MLS ID
10340287
listing Office
listing Office key
286490
0
Beds
0
Baths
$
640000

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David Lea

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