Description

LEASE EXTENDED!! THIS AMAZING INVESTMENT OPPORTUNITY LEASED INTO 2035 IS LOCATED AT THE BUSY INTERSECTION OF LAUZON & WYANDOTTE. THIS PROPERTY IS IN GREAT SHAPE AND OFFERS LONG-TERM FINANCIAL STABILITY. THE BUILDING WAS BUILT IN 2009 AND IS LEASED UNDER A NNN LEASE TO SHOPPERS DRUG MART, WHICH IS ONE OF THE STRONGEST NATIONAL TENANTS TO AQUIRE. PLEASE CONTACT LISTING AGENT TO RECEIVE A CONFIDENTIALITY AGREEMENT AND MORE DETAILED INFORMATION REGARDING THE PROPERTY. (id:66096)

Property Details

MLS®: 26026076
Property Type: Industrial
Zoning: CD2.1
Lot Size: 1.26 acres
Year Built: 2009
Heating: Forced air, Electric, Natural gas
Cooling: Air Conditioned
Ownership: Freehold
Listed: 9 days ago

Market Timing

Days on market

Windsor listings, avg age

69d

List price

$7.50M

Haho

This industrial in Windsor has been listed for 9 days, which is 60 days fresher than the city average of 69. Act while there is still low competition.

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Area context

Neighbourhood profile (N8S)

This home lists at $7,499,900, about 103.4× the local median household income of $72,500.

Carrying it typically needs a household income of about $1,464,993 (20% down, 25-yr amortization, stress-tested) — roughly 1921% above the area median.

Median household income: $72,500
Population: 22,354
Median age: 46.8
Owner / renter: 64% / 36%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N8S)

$7,499,900

For sale

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Financing

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7980 Menard Street, Windsor - Industrial for Sale