428-436 Westmount Avenue New Sudbury (Sudbury, Ontario, CA - P3A 5Z8) Built

$10,500,000

Andre Lemieux Coldwell Banker Charles Marsh Real Estate Ltd.

Andre Lemieux Andre Lemieux 705.929.7705 (Office) 705.929.7705 (Cell) 705.566.9438 (Fax) Request More Info

  • Type: Commercial
  • Style: Commercial
  • Size: 66,889 sq. ft.
  • Development Level: Built

Description

Prime Commercial Investment Opportunity! Westmount Business Park includes 5 properties (428 Westmount, 430 Westmount, 432 Westmount, 434 Westmount, 436 Westmount) for a combined 66,895 sq.ft rentable area in prime New Sudbury location. Tenants from 938 sq.ft to 5,530 sq.ft with a mix of professional office, service commercial, medical office, recreation, retail, and more. Projected CAP Rate based on Yr 1 NOI = 7.32%. Room for uplift with 4 small vacancies and upcoming renewals allow for increased future NOI. Well-managed plaza with many upgrades, can be packaged with 555 Barrydowne for a total of 107,039 sq.ft and combined asking price of $20.5M. Note: Exclusive Listing (non-MLS), all prospective buyers/brokers to sign Confidentiality Agreement prior to receiving rent roll, financials, environmental, etc.

Attachments

Brokered and Advertised by : Mallette-Goring Inc., Brokerage
P2#414039515
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Information is deemed to be correct but not guaranteed.

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