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Office building for sale – Ajax Real Estate

5% cap rate

Price
$3,850,000
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Property Description

The amazingly located property has been fully leased with great tenants for years and has many long term leases and national tenants in  place.

Building consists of 10 units totalling roughly 11435 sq ft all above grade. Tenants have spent significant amounts on improvements to their units and leases include water, hydro and gas usage. Built in 1986, the building is 2 story commercial office on 0.5 acres and supported by 36 parking spaces.

Gross rents include TMI $13

Financial Review – 10 Unit Office Building in Ajax Ontario

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