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SaleCommercial Retail

5775 Highway 7 N/A E

Markham, ON L3P 1A5

Price

$2,498,000

Building Size

1,800 sq ft

MLS# N13025874 | Listed by HOMELIFE/BAYVIEW REALTY INC.

Commercial Specifications

Property Description

Free-standing investment property with prime exposure on Highway 7. Former Tom's Burgers with many permitted uses. 1,800 sf main floor plus 1,500 sf basement. Clean environmental done in 2020. Currently leased to a top brand franchise. Tenant willing to stay or will consider selling the business if purchaser wants vacant possession. Current lease until June 2032 with escalations, with two - 5 year options to renew with strong franchise covenants. New roof shingles, downspouts, all new electrical, and main floor flooring installed in 2022.

Price & Status History

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Listing Courtesy of: HOMELIFE/BAYVIEW REALTY INC.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.