Commercial Plaza West GTA

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Commercial Plaza West GTA

$ 5,900,000
LOCATION: Niagara Falls Ontario Canada
CATEGORY: Commercial Real Estate
INDUSTRY: Commercial Buildings for Sale or Lease | Commercial Spaces for Sale or Lease | Plazas for Sale
LISTING TYPE: Commercial Properties for Sale | Commercial Spaces for Sale | Plazas for Sale

Operating Statement

Income Amount

Commercial Rent 294,108.00
Signage 1,800.00
CAM 77,919.84
Property Tax 61,749.96
Admin 7,558.15
CAM Reconciliation -4,230.87

Total Income 438,905.08

Expenses Amount

Landscaping & Snow Removal Expense 17,100.00
Property Tax Expense 81,729.21
Repair & Maintenance 1,685.28
Water & Sewer Charges 24,901.36
Insurance Expense 5,121.36
Electricity Expense 4,700.99

Total Expenses 135,238.20

Net Operating Income 303,666.88

PARKING: 77
AGE: Gas Station & Structure Built in 2017
PLAZA UNITS: Built in 2020
TENANTS: Pharmasave Partnering with Pelham Hills Medical,
Circle K Gas Station, Physio Sense, & Dental Office

Sale Type Investment Property Type Retail

Property Subtype Service Station Building Size 12,485 SF

Building Class C Year Built 2020

Price Per SF $532.64 CAD Cap Rate 5%

NOI $332,632 CAD Tenancy Single

Building Height 1 Story Building FAR 0.16

Lot Size 1.77 AC Zoning NC-108 - Neighbourhood Commercial

Frontage 210’

Haseeb Sheikh Sales Representative Century 21 People's Choice Realty

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Haseeb Sheikh

Sales Representative Century 21 People's Choice Realty

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