REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Martek Morgan Finch Incorporated
$725,000
Est. payment /mo
9,264 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,264 sqft
Price per Sqft $78
MLS Listing ID 1294996
Year Built 2000
Annual Tax Amount $4,090
Tax Year 2025
Source NLAR
Property Description
This freestanding Foodland property in Burgeo is leased on a fully net basis to Sobeys, with the Tenant responsible for all maintenance, repair, replacement to the premises and operating costs including, without limitation, the roof membrane, roof deck and flashing, HVAC, non-load bearing walls and parking facilities; the Landlord is responsible for a very narrow definition of structure as defined in the Lease.
The property consists of a fully leased 9,264 sq ft building on a 1.87 acre site. The building was constructed in 2000 and consists of steel columns, metal & vinyl siding and engineered roof trusses. It has cast-in-place concrete floors, an overhead door with dock leveler and provides ample parking and good tractor trailer access.
Currently generating an annual NOI in excess of 50k, this property provides an excellent opportunity for any real estate investor.
The property consists of a fully leased 9,264 sq ft building on a 1.87 acre site. The building was constructed in 2000 and consists of steel columns, metal & vinyl siding and engineered roof trusses. It has cast-in-place concrete floors, an overhead door with dock leveler and provides ample parking and good tractor trailer access.
Currently generating an annual NOI in excess of 50k, this property provides an excellent opportunity for any real estate investor.
Location
Province NL
Zoning Commercial
Interior
Heating Forced Air
Cooling Forced Air
Exterior
Utilities Available Electrical, Municipal Water, Sewer
Read Less Info
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
