82 South St, Goderich Ontario N7A3L6
This amazing commercial property is located just 2. 5 hours west of Toronto! It spans over 0. 6 acres and features a stunning freestanding one-story building with a total area of 16, 060 square feet.
The long-term tenant of the property is none other than the incredible Giant Tiger, a large supermarket chain with 260 supermarket chains in Canada! And guess what? And with their AAA tenant status, you know this property is a fantastic investment opportunity! They have been renting the property since 2008, for a whopping 15 years! The current lease expires in 2038, making it a 23-year lease!
The property generates an annual net income of approximately $146, 500, resulting in a cap rate of up to 5. 86%!
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
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