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550 Plains Road E 100, Burlington, ON L7T 2E3
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550 Plains Road E 100, Burlington, ON L7T 2E3
Burlington , L7T 2E3
$3,250,000.00
7000 Square Feet Commercial
Property Details
MLS Number W12951662
Property Type Commercial
City Burlington
City Region LaSalle
Postal Code L7T 2E3
Cross Street Sandford and Plains Rd E
Street Number 550
Street Name Plains
Lot Width 169.44 ft
Lot Depth 98.77 ft
Building Area 7000 Square Feet
Sewer Sanitary+Storm
Utilities Yes
Occupant Type Tenant
Description
7000 +/- sf of MXG zoned office/retail space at the base of a modern 6 storey condo building in the heart of Aldershot. Solid lease in place with a government covenant. Keep this AAA Tenant in place for the long term or convert the space to suit your business needs when the lease comes due. Solid Cap rate with next to no landlord involvement, excellent quality finishes, mechanically solid - Long-term Net lease in place coming due Oct 31, 2031, with the opportunity to extend it another 20 years. Top quality buildouts including administrations offices, lunchroom, multiple washrooms, accessible auto-doors and openers, terrific natural lighting and excellent exposure make this a quality asset to add to your portfolio. MXG zoning permits a wide range of uses allowing possible future uses to include medical office, professional office, retail, daycare, dental, and more.
Selvan Puvaneswaranathan
Selvan Puvaneswaranathan
Broker — REMAX Crossroads
312-305 Milner Ave, Toronto ON

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