709-400-6949
[email protected]
Communities
Sellers
Buyers
About
6
1694 Topsail Road
$1,595,000 Sale
Listed 64 days ago
· 0
· 0.0
· 0
· 6457
Key Facts
Key facts for 1694 Topsail Road
Property Type
Other, Other
Parking
Garage: No, 0 parking
MLS #
1286715
Size
6457 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
2019
Maintenance Fee
-
Description
Octagon Pond Plaza is strategically located and fully occupied, generating a stabilized cap rate of ~8.50%. The property comprises five individual units with the anchor tenant Little Caesars. Tenants are secured with extensive leaseholds, accompanied by long-term leases including renewal options, pr...oviding reliable cash flow and minimal vacancy risk. PROPERTY SPECIFICATIONS: Total Units: 5 individual spaces (1,165 - 1,500 sq ft each) Building Age: Only 6 years old - minimal capital expenditure requirements Occupancy: 100% leased with seasoned tenant mix Lease Structure: Long-term agreements with built-in renewal options Parking: Abundant on-site parking enhances tenant retention This institutional-quality asset provides sophisticated investors with immediate access to a proven income stream featuring built-in growth potential. The combination of credit-worthy tenants, favourable lease structures, and prime retail positioning creates an ideal wealth-building vehicle with predictable returns. Ready to deploy capital into this cash-flowing asset? (id:10452)
Similar Properties (No results)
Listing courtesy of: Royal LePage Atlantic Homestead
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.