Martel Commercial Realty Inc.

$3,150,000

4430 Harvester Road, Burlington, Ontario

0 Bedrooms

6000 Sqft

Property

MLS® Number: 40673403

Address: 4430 Harvester Road

City: Burlington

Lot Size: 302.68ft x 100.21ft

GE1 Zoned 6000 sq. ft. building with two tenants with 3000 sq. ft. each. Tenant A Enterprise Car Rental paying $69,000.00 per year net till September 30,2027 with no further options to renew. Enterprise may do a early renewal if purchaser wants an extremely good Tenant otherwise vacant possession of the unit (Enterprise) would be October 1st 2027. Tenant B is paying $63,800/2025, $65,550/2026, $67,500.00/2027 net plus $5.00 T.M.I.. Tenant B has an option to renew for 1- 3 year term at negotiated rates. On a month to month bases Tenant A is paying $24,000 per year for 90% of the rear compound. Net income for 2024 is $156,800.00

Property Sale History

Travel and Neighbourhood

Car-Dependent

Location

R.O. & Co
R.O. & Co

Team

RE/MAX Escarpment

Contact R.O. & Co