Fully Leased Stabilized Investment Opportunity

Office for Sale
Catylist Listing ID: 30658363
Property Subtypes: Medical, Net Leased, Office Building, Other
Building Size (RSF): 11,016 SF
Gross Building Area: See Agent
Gross Land Area: 18,573 SF
Sale Price: $2,200,000
Unit Price: $199.71 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/15/2020

Overview / Comments

Fully Leased & Stabilized Investment Opportunity
• Current lease to a long term tenant until October 31, 2025*offers attractive investment income of $160,113 annually
*Lease is guaranteed by CWB Maxium Financial until expiry
Free & Clear of Financial Encumbrances
• Provides purchasers the opportunity to take advantage of the current low interest rate environment
Well-located in West Broadway, Winnipeg’s most quickly gentrifying neighbourhood
• Over $250M invested in the West Broadway neighbourhood since 2013

Attachments & Media

Additional Details

Nearest MSA: Winnipeg
Market: Winnipeg
Tax ID/APN: 12090831200
Zoning: C2
Property Visibility: Good
Total Number of Buildings: 1
Year Built: 1968
Parking Type: Surface

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Contact

Photograph of Listing Agent

Brett Intrater

Cushman Wakefield Winnipeg
CPIX® Member
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