Free-standing investment property with prime exposure on Highway 7. Former Tom's Burgers with many permitted uses. 1,800 sf main floor plus 1,500 sf basement. Clean environmental done in 2020. Currently leased to a top brand franchise. Tenant willing to stay or will consider selling the business if purchaser wants vacant possession. Current lease until June 2032 with escalations, with two - 5 year options to renew with strong franchise covenants. New roof shingles, downspouts, all new electrical, and main floor flooring installed in 2022. (id:62499)
| MLS® Number | N12418230 |
| Property Type | Retail |
| Community Name | Bullock |
| Amenities Near By | Highway, Public Transit |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,800 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 212 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | Unit=50 X 212 Ft |
| Size Total Text | Unit=50 X 212 Ft |
| Zoning Description | C3 Service Commercia |
https://www.realtor.ca/real-estate/28894545/5775-highway-7-e-markham-bullock-bullock
Contact us for more information
Latif Merali
Salesperson
(905) 889-2200
(905) 889-3322
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