29 - 11625 Mcvean Drive N Brampton, Ontario L6P 4J4
$949,000
Excellent investment opportunity in a prime Brampton location! This 983 sq. ft. commercial retail unit is situated in one of Brampton's most desirable and rapidly growing neighbourhoods. The property is leased to a well-established, successful restaurant on a secure 5 + 5 + 5-year lease at $47/sq. ft. + TMI, with an annual rent escalation of $1/sq. ft., providing stable and growing income.Ideally located at the high-traffic intersection of Mayfield Rd. & McVean Dr., this property offers outstanding visibility and exposure. Surrounded by thriving residential communities and established commercial developments, it benefits from strong foot traffic and long-term growth potential. A turnkey, income-generating investment in a high-demand area with exceptional future upside. (id:63203)
Property Details
| MLS® Number | W13538340 |
| Property Type | Retail |
| Community Name | Toronto Gore Rural Estate |
Building
| Age | 0 To 5 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 983 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Zoning Description | Commercial Retail |
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