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Diverse Retail Building

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Price: $839,000

Minimum Equity Required: $400,000

Location: Nova Scotia

Industry: Retail Trade

ID: 1432

Status: New

Description

Location location location, this is where you want to be, on the highest traffic road in Yarmouth. There is a reason all of the big box names have chosen to be right next door. With easy potential to add a drive through, this building has the potential to accommodate many different uses.

Many updates in recent years, the building is in very good condition and will not disappoint.

Environmental is all up to date.

The owner is selling the building only but there's an opportunity to purchase the business as well, in addition to the building, which would include all equipment and inventory currently valued at approximately $325,000.

Financial Information

Expected market rents range from a low of $15/sft NNN to the upper end in the $20/sft NNN range.

Market potential supports $73,000 - $97,500 in Net leases (tenant pays taxes, management, insurance, maintenance, etc., in addition to Net rent)

Operations

The building is approximately 4,873 sft in size, situation on 57,064 sqft (1.3 acres) of prime land.

Property can be subdivided to accommodate a second building lot.

City water and sewer

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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