303 COL PHILLIPS DRIVE
Shelburne, Ontario
MLS® X12820936
$1,550,000
- Status
- Active
- Property type
- Business
- MLS® number
- X12820936
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 5Listing description
Approximately 2400 sqft unit for sale leased to Wild Wing Restaurants. Prime investment opportunity featuring a national tenant located in the rapidly growing community of Shelburne, Ontario. This modern location offers high visibility, strong traffic exposure, and proximity to major retail anchors like like Tim Hortons and residential developments.
The property is leased to Wild Wing Restaurants, Canada's leading bar and restaurant franchise, providing a secure, long-term income stream for investors. Entering the 2nd year of the lease with 9 years remaining with additional extension options. This is a long term hold AAA investment offered at a 5% cap rate.
Property summary
- MLS® number
- X12820936
- Property type
- Business
- Square footage
- 2,480 sq ft
- Days on market
- 182 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $1,550,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RIGHT AT HOME REALTY, MISSISSAUGA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.