10-20 Fincham Ave, Markham
MLS® Number N9395468
For Sale $ 7,150,000
- 12690 SQFT
Description
Fully leased plaza to a variety of professional and service-based tenants and recently achored by a Montessori just beginning a 10-year lease. The Property has a 6.2 year weighted average lease term, and the Buyer has the opportunity to increase rental value through lease escalations or for a user to occupy a portion of the building as leases turnover. Vendor previously received approval to develop 14 townhomes and 1 detached house. Situated on 1.04 acres of land within proximity of Mt Joy GO Station.
EXTRAS: Recent renovations include: new asphalt, updated sidewalk interlocking and new rooftop HVAC units on 20 Fincham Ave building.
Key Facts
- Days on: 5 days
- Property Type: Commercial/Retail
- Use: Service Related
- Approx Age: 16-30
- Parking Spaces: 50
- Garage Type: None
- Heating: Gas Forced Air Open
Location 10-20 Fincham Ave, Markham
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