550 Plains Road E Unit# 100, Burlington, Ontario L7T 2E3

Listed for:
$3,250,000
0 beds
0 baths
Listed 10 days ago
550 Plains Road E Unit# 100, Burlington, Ontario L7T 2E3

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About

7000 +/- sf of MXG zoned office/retail space at the base of a modern 6 storey condo building in the heart of Aldershot. Solid lease in place with a government covenant. Keep this AAA Tenant in place for the long term or convert the space to suit your business needs when the lease comes due. Solid Cap rate with next to no landlord involvement, excellent quality finishes, mechanically solid - Long-term Net lease in place coming due Oct 31, 2031, with the opportunity to extend it another 20 years. Top quality buildouts including administrations offices, lunchroom, multiple washrooms, accessible auto-doors and openers, terrific natural lighting and excellent exposure make this a quality asset to add to your portfolio. MXG zoning permits a wide range of uses allowing possible future uses to include medical office, professional office, retail, daycare, dental, and more. (id:27476)

Property Highlights

MLS® Number
40817220
Type
Retail
Maintenance Fee
1.00
Ownership Type
Condominium
Land Size
1/2 - 1.99 acres

Building

Storeys
1.00
Square Footage
7000 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
RE/MAX Escarpment Realty Inc.
MLS® number:
40817220
Agent:
Raymond Loya
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