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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$1,670,000
Available - For Sale
Listing ID: X13864336
single-tenant triple-net(NNN) commercial investment property leased to corporate tenant Brewers Retail Inc. (operating as The Beer Store) through December 2030 generating a fixed yearly net rent of $109,215. Because it is a triple-net lease, you have minimal day-to-day management responsibilities or operational cost fluctuations. Tenant directly handles property taxes, building utilities, and maintenance like snow removal, etc. Tenant also pay the insurance. Strong Covenant: Brewers Retail Inc. is a major corporate entity backed by large national/international brewing conglomerates, offering high financial stability compared to a small local business. The tenant directly handling snow plowing, property taxes, utilities and insurance eliminates the risk of inflation eroding your net income. Zoning: Service Commercial, offering high traffic exposure. Bus service, cable, garbage pickup, High speed internet, hydro, Natural gas, Streetlights, Telephone, Air conditioning, Loading dock, Overhead door, large parking area, paved yard, Store front, Wheel chairs access.
Price $1,670,000
Taxes: $14,331.06
Tax Type: Annual
Assessment Year: 2025
Monthly Condo Fee: $0
Occupancy by: Tenant
Address: 212 Cumberland Street North , Thunder Bay, P7A 4N1, Thunder Bay
Postal Code: P7A 4N1
Province/State: Thunder Bay
Legal Description: LT 18, 20 BKL L PL 579 MCINTYRE; PT LT 1
Directions/Cross Streets: Cumberland St North between St. James & Woleseley
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Retail
Use: Retail Store Related
Building Percentage: T
Total Area: 4,854
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTY SERVICES INC.

212 Cumberland Street North , Thunder Bay, P7A 4N1, Thunder Bay

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Stan Khurana
Sales Representative
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6473836000
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Type: Com - Commercial Retail
Area: Thunder Bay
Municipality: Thunder Bay
Neighbourhood: Court / Cumberland
Style:
Lot Size: x 124.00(Feet)
Approximate Age:
Tax: $14,331.06
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
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